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Property profile & analytics
OFF-MARKET Estimated value $6,595,000
Warehouses

390 Commerce Dr Woodbury, MN 55125-9101

65,419 SF 7.35 ac lot Built 1998
Entity Owned 4-yr Hold Free & Clear
Property ID
US46-0839815
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1998
Total area 65,419 SF
Lot 7.35 ac (319,992 SF)
APN 03-028-21-13-0016
UPID US46-0839815
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.87M
CAP Approach CAP
$8.65M
Comparable Approach Comparable
$5.97M
Blend (final) Blend
$6.60M
Owner & transaction history
B9 POLAR WOODBURY LLC · 6 yrs held
B9 POLAR WOODBURY LLC
since 2020
Last sale
$6.9M
1 recorded transaction
2020
$6.9M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $11.0M +45.7%
Medical building $9.6M +27.9%
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