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    OFF-MARKET
    Industrial properties

    4912 France N Ave, Brooklyn Center, MN 55429-3951

    29,185 SF 1.48 ac lot Built 1951
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US46-0886052
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a four-building industrial portfolio totaling 27,597 square feet, situated on a 1.48-acre lot in Brooklyn Center, Minnesota. Built in 1951, the property boasts four units, each priced at $750,000, with a total asking price of $3,000,000 ($108.71/sq ft). The buildings feature a mix of dock-high and drive-in loading capabilities, including four loading docks and one dock-high door equipped with electric openers, allowing for efficient drive-thru operations. Ceiling heights range from 9 to 16 feet, providing ample vertical space. The property is fully air-conditioned and includes substantial outdoor storage space. Its zoning is designated as "I" (Industrial). The location offers unparalleled convenience, with excellent access to Highway 100 at France Avenue North, and just five miles south of Highway 694. Furthermore, the property benefits from proximity to a wide array of amenities, including popular restaurants (Caribou Coffee, Starbucks, McDonald's, Wendy's, IHOP, Burger King), grocery stores (Cub), fitness centers (LA Fitness), and major retailers (Walmart). This multi-tenant industrial property represents a compelling investment opportunity in a thriving Minneapolis suburb.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1951
    Construction MIXED
    Total area 29,185 SF
    Lot 1.48 ac (64,469 SF)
    APN 10-118-21-13-0072
    UPID US46-0886052
    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
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    Blend (final) Blend
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    Owner & transaction history
    Terra Investments LLC · 4 yrs held
    Terra Investments LLC
    since 2022
    Last sale
    $3.0M
    3 recorded transactions
    2022
    $1.7M
    2016
    $900,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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