Technical
Financial
Distress signals
Property profile

4000 Winnetka N Ave New Hope, MN 55427

OFF-MARKET
Industrial properties
Property ID
US46-0839917
2.95 ac lot Built 1965
Entity Owned 6-yr Hold ~ Est. High Equity
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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

Location

4000 Winnetka N Ave New Hope, MN 55427-1234
New Hope metro Census 21504 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

since 2020
4 recorded transactions
2020
$2.2M
2009
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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