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Property profile & analytics
FOR LEASE
Industrial properties
4025 85Th Ave N, Brooklyn Park, MN 55443
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US46-0775050
For Lease
1 / 2
$5,000,000
4025 85Th Ave N, Brooklyn Park, MN 55443
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1979
Construction
TILT-UP CONCRETE
Lot
4.53 ac (197,327 SF)
APN
22-119-21-21-0011
UPID
US46-0775050
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
$5.00M
Owner & transaction history
4025 Avenue Partners LLC · 1 yrs held
4025 Avenue Partners LLC
since 2024
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Brooklyn Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brooklyn Park submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$47,787
Tax year 2023
Assessed value
$1,564,200
Assessed 2023
Previous assessed
$1,387,200
+12.8% YoY
Effective rate
3.06%
On assessed value
Assessed land
$724,700
Assessed improvement
$839,500
Land market value
$724,700
Improvement market value
$839,500
Total market value
$1,564,200
Applied tax rate
279.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1979
Construction
TILT-UP CONCRETE
Heating
FORCED AIR
Cooling
NONE
Lot
4.53 ac (197,327 SF)
APN
22-119-21-21-0011
UPID
US46-0775050
Jurisdiction
HENNEPIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Construction
TILT-UP CONCRETE
Heating
FORCED AIR
Cooling
Yes
Lot
4.53 ac
Current owner
From public records · entity-resolved
4025 Avenue Partners LLC
Entity
Mailing address
7211 WINNETKA AVE N STE #220, BROOKLYN PARK, MN 55428-1621
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2025
—
4025 Avenue Partners LLC
—
Deed
related
$227,334,700 · Bxmt 2025 Fl5 Ltd
Feb 14, 2025
—
4025 Avenue Partners LLC
—
Deed
related
$189,000,000 · Parlex 3a Finco LLC
Aug 23, 2024
$5,000,000
4025 Avenue Partners LLC
4025 85th Avenue North LLC
Limited Warranty Deed
—
Jan 23, 2017
—
Master Real Estate LLC
—
Deed
related
$920,000 · Klein Bk
Jul 10, 2008
$1,175,000
Master Real Estate LLC
Sather,barry L & Carole R
Warranty Deed
—
Jul 9, 2008
$1,175,000
Master Real Estate LLC
Sather,barry L & Carole R
Warranty Deed
$655,000 · Peoples Bank Of Commerce
—
—
Master Real Estate LLC
—
Deed Of Trust
related
$920,000 · Klein Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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