Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3839 Chandler NE Dr Minneapolis, MN 55421-4410
    Back to Search
    Property profile & analytics

    3839 Chandler NE Dr, Minneapolis, MN 55421-4410

    View on Map
    • Manufacturing properties
    • 5,680 SF
    • 0.36 lot acres
    Off-Market
    Property ID
    US46-0566485
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • BHL Services Inc / Construction Company

    Property Details for 3839 Chandler NE Dr

    Year built
    1974
    Construction
    WOOD FRAME
    Lot size
    0.36 lot acres
    Zone code
    E
    Property type
    Manufacturing properties
    APN
    31-30-23-44-0022
    APU
    313023440022

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 9, 2020 — 3839-chandler LLC — Deed · related $250k · Midwestone Bk
    Dec 26, 2014 — 3839-chandler LLC Lloyd,william & Maria Quit Claim Deed · related —
    Jun 4, 2012 $225,000 William Lloyd Myers Tire Supply Distribution Grant Deed $215k · Bremer Bank NA
    — — 3839-chandler LLC — Deed Of Trust · related $250k · Midwestone Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.211
    Latitude
    45.0392
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,034
    $139,200
    $414,100
    $553,300
    -
    $139,200
    $414,100
    $553,300

    Comparable in this City

    • Value Estimation
      $1,830,000
      23,676 SF

      3816 Chandler NE Dr

      MANUFACTURING (LIGHT)
      3816 Chandler NE Dr, Minneapolis, MN 55421
      View Details
    • Value Estimation
      $510,000
      6,900 SF

      3819 Chandler NE Dr

      MANUFACTURING (LIGHT)
      3819 Chandler NE Dr, Minneapolis, MN 55421-4410
      View Details
    • Value Estimation
      $630,000
      41,185 SF

      3900 Chandler NE Dr

      FOOD PACKING, PACKING PLANT
      3900 Chandler NE Dr, Minneapolis, MN 55421-4411
      View Details
    • Value Estimation
      $1,895,000
      11,400 SF

      3901 Foss Rd

      MANUFACTURING (LIGHT)
      3901 Foss Rd, Minneapolis, MN 55421-4639
      View Details
    • Value Estimation
      $2,025,000
      72,980 SF

      2801 37th NE Ave

      MANUFACTURING (LIGHT)
      2801 37th NE Ave, Minneapolis, MN 55421-4217
      View Details
    • Value Estimation
      $915,000
      11,520 SF

      3809 Chandler NE Dr

      PROCESSING PLANT (CEMENT, GRAVEL)
      3809 Chandler NE Dr, Minneapolis, MN 55421-4410
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      585,225 SF

      Fridley Industrial Facility with Rail

      585,225 SF infill industrial facility with heavy power.
      4800 E River Rd NE, Fridley, MN 55421
      View Details
    • Contact for pricing
      17,340 SF

      Columbia Heights Industrial Building For Sale

      Industrial building with convenient highway access and secured parking.
      636 39Th Ave NE, Columbia Heights, MN 55421
      View Details
    • Contact for pricing
      12,446 SF

      Commercially Zoned Building with Parking

      Two-level building with parking, suitable for owner occupant or multi-tenant.
      999 50Th Ave NE, Columbia Heights, MN 55421
      View Details
    • Contact for pricing
      58,448 SF

      St. Anthony Office Building

      58,448 SqFt office building for sale.
      4001 Stinson Blvd, St Anthony, MN 55421
      View Details
    • Contact for pricing
      13,650 SF

      Former Walgreens Available for Lease

      Closed Walgreens available for lease with ample parking.
      4880 Central Avenue NE, Hilltop, MN 55421
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      39,694 SF

      Industrial Space Available for Lease

      Industrial space available for lease starting 9/1/2024.
      5101 Industrial Blvd NE, Fridley, MN 55421
      View Details
    • Contact for pricing
      11,497 SF

      Fridley Warehouse Space Available

      Industrial warehouse space for lease in Fridley, Minnesota.
      5155-5301 E River Rd NE, Fridley, MN 55421
      View Details
    • Contact for pricing
      6,865 SF

      Fridley Industrial Space Available

      Industrial property available for rent in Fridley, Minnesota.
      5155 E River Rd, Fridley, MN 55421
      View Details
    • Contact for pricing

      Prime Land Near Silver Lake

      0.6 acre commercial land adjacent to Silver Lake Village.
      3800 Silver Lake Rd NE, St Anthony, MN 55421
      View Details
    • Contact for pricing
      31,856 SF

      Office Space with Outdoor Storage

      Office space for rent with immediate highway access.
      5360-5400 Main St NE, Fridley, MN 55421
      View Details
    • Contact for pricing
      1,606 SF

      St. Anthony Retail/Medical/Office Space

      Mixed-use retail, medical, and residential destination in St. Anthony.
      2600 39Th Ave NE, St Anthony, MN 55421
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3839 Chandler NE Dr
    Minneapolis, MN 55421-4410
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3839 Chandler NE Dr, Minneapolis, MN, 55421
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!