4912 France N Ave, Brooklyn Center, MN 55429-3951
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.