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    OFF-MARKET
    Industrial properties

    4000 Winnetka N Ave, New Hope, MN 55427-1234

    2.95 ac lot Built 1965
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US46-0839917
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 4000 Winnetka Ave N in New Hope, Minnesota, presents a significant opportunity for warehouse space acquisition. The building encompasses a substantial 36,012 square feet, offering ample room for storage, distribution, or manufacturing operations. Constructed in 1965, the warehouse is situated within Hennepin County, providing easy access to major transportation routes and a thriving business community. The property's address is 4000 Winnetka Ave N, Minneapolis, MN 55427. Its convenient location in New Hope, Minnesota offers businesses a strategic advantage within the Minneapolis metropolitan area. The property is classified as an industrial warehouse, ideal for a variety of uses. The substantial square footage makes it suitable for businesses requiring significant storage or operational space. While the building's age suggests potential for modernization, the large footprint and prime location make it an attractive investment. Interested parties are encouraged to conduct their own due diligence to assess the property's suitability for their specific needs. This property is offered for sale and presents a compelling opportunity for businesses seeking a well-located, sizable warehouse in the Minneapolis area. The geographic coordinates are 45.0292554 latitude and -93.3794465 longitude.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1965
    Construction STEEL FRAME
    Lot 2.95 ac (128,502 SF)
    APN 17-118-21-23-0003
    UPID US46-0839917
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Sj Prop 4000 Winnetka LLC · 5 yrs held
    Sj Prop 4000 Winnetka LLC
    since 2020
    4 recorded transactions
    2020
    $2.2M
    2009
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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