Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    484 Lilac St Lino Lakes, MN 55014-1054

    • Industrial properties
    • 12,296 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimations
    $370,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US46-0997993
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Boe Ornamental Iron Inc / Iron Works

    Property Details for 484 Lilac St

    Year built
    1983
    Construction
    WOOD FRAME
    Lot size
    1.03 lot acres
    Property size
    12,296 SF
    Property type
    Industrial properties
    APN
    17-31-22-22-0022
    APU
    173122220022

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $420,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $315,000
      Market price range: $259k - $828k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lino Lakes
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.1183
    Latitude
    45.1817
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,579
    $163,400
    $503,400
    $666,800
    -
    $163,400
    $503,400
    $666,800

    Comparable in this City

    • Value Estimation
      $1,005,000
      49,280 SF

      4501 103rd Ct

      INDUSTRIAL (GENERAL) • 49,280 SF
      4501 103rd Ct, Circle Pines, MN 55014-3532
      View Details
    • Value Estimation
      $650,000
      11,700 SF

      3575 85th NE Ave

      INDUSTRIAL (GENERAL) • 11,700 SF
      3575 85th NE Ave, Circle Pines, MN 55014
      View Details
    • Value Estimation
      $1,030,000
      99,664 SF

      3787 95th NE Ave

      INDUSTRIAL (GENERAL) • 99,664 SF
      3787 95th NE Ave, Circle Pines, MN 55014-3833
      View Details
    • Value Estimation
      $580,000
      32,100 SF

      474 Apollo Dr

      INDUSTRIAL (GENERAL) • 32,100 SF
      474 Apollo Dr, Lino Lakes, MN 55014-3024
      View Details
    • Value Estimation
      $830,000
      25,000 SF

      475 Apollo Dr, Unit 479

      INDUSTRIAL (GENERAL) • 25,000 SF
      475 Apollo Dr, Lino Lakes, MN 55014-1093
      View Details
    • Value Estimation
      $815,000
      38,720 SF

      4400 Ball NE Rd

      INDUSTRIAL (GENERAL) • 38,720 SF
      4400 Ball NE Rd, Circle Pines, MN 55014-1820
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19,890 SF

      Manufacturing Facility with In-Place Income

      Well-maintained manufacturing facility with income through April 2027.
      400 Apollo Dr, Lino Lakes, MN 55014
      View Details
    • $4,900,000

      Land with Farmhouses and Barn

      Rural land featuring tillable acreage, woods, farmhouses, and barn.
      16731 Furman St NE, Columbus, MN 55014
      View Details
    • $1,000,000

      Approved Multi-Family Development Land

      Land with approved development project for 111 units.
      99Th Ave NE, Blaine, MN 55014
      View Details
    • Contact for pricing

      Residential Development Land in Lino

      Land suitable for residential development near schools and transportation.
      876 Old Birch St, Lino Lakes, MN 55014
      View Details
    • $980,000

      Land Primed for Development

      Commercial land available for development with utilities on site.
      15057 Hornsby St NE, Columbus, MN 55014
      View Details
    • $1,690,000
      11,680 SF

      Blaine Office Building - Great Location!

      11,680 SF Office/Warehouse, Fully Leased.
      3521 88Th Ave, Blaine, MN 55014
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      34,924 SF

      Lino Lakes Warehouse Space Available

      New Construction, Flexible Spaces, Anoka County
      440 Park Ct, Lino Lakes, MN 55014
      View Details
    • Contact for pricing
      8,000 SF

      New Industrial Warehouse For Rent

      New industrial warehouse with light industrial zoning and great access.
      13654 W Freeway Dr, Columbus, MN 55014
      View Details
    • $17 SF/Yr
      2,040 SF

      Move-in Ready Flex Space

      Flex space with office and heated warehouse, remodeled and convenient.
      3543 88Th Ave NE, Blaine, MN 55014
      View Details
    • $32 SF/Yr
      1,287 SF

      Retail Space Near National Sports Center

      Retail spaces for lease near Super Target and National Sports Center.
      1510 109Th Ave NE, Blaine, MN 55014
      View Details
    • Contact for pricing
      500,000 SF

      Columbus Land Parcel For Rent

      Columbus, MN land parcel with utilities and highway visibility.
      14751 Hornsby St NE, Columbus, MN 55014
      View Details
    • Contact for pricing
      19,949 SF

      Blaine Office Space For Rent

      Office space available in Blaine, 20 minutes from Minneapolis.
      3787 95Th Ave NE, Blaine, MN 55014
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    484 Lilac St
    Lino Lakes, MN 55014-1054
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.