390 Commerce Dr Woodbury, MN 55125
- Warehouses
- 65,419 SF
- 7.35 lot acres
Current Use by Public Records
- Warehouses
Property Details for 390 Commerce Dr
- Year built
- 1998
- Lot size
- 7.35 lot acres
- Property size
- 65,419 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 03-028-21-13-0016
- APU
- 302821130016
Description
This exceptional single-tenant industrial distribution facility, located at 390 Commerce Dr, Woodbury, MN 55125, offers 65,419 square feet of warehouse space. Situated on a 7.34-acre lot, the property boasts ample parking with 171 stalls (a ratio of 2.61 per 1,000 square feet). The building features robust power capabilities, including 2,000 AMPS at 480V. This presents a significant opportunity for businesses requiring substantial space and reliable power infrastructure. The strategic location in Woodbury, Minnesota places the property within easy reach of a thriving retail trade area, ensuring convenient access to customers and suppliers. Furthermore, the building offers significant expansion potential, with the possibility of adding up to an additional 34,000 square feet. This makes it an ideal choice for businesses anticipating future growth and expansion needs. The property's single-tenant occupancy provides a streamlined operational environment, minimizing complexities associated with multi-tenant properties. This prime industrial space is ready for immediate occupancy and offers a unique blend of size, location, and expansion potential. Inquire today to learn more about this exceptional opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,340,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,410,000
- 6.5%
- $7,310,000
- 7%
- $7,130,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,255,000
- Geo Method
- $6,865,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,175,000
- Retail
- $6,670,000
- Mixed-Use
- $6,675,000
- Hospitality
- $7,595,000
- Educational
- $7,800,000
- Residential Income
- $7,625,000
- Energy
- $6,145,000
- Income-Based Land
- $7,390,000
- Food Service
- $6,665,000
Location Insight
- Map
- Local Demand
- City
- Woodbury
- County
- Washington
- State
- Minnesota
- Longitude
- -92.9118
- Latitude
- 44.9425
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA