New search
Property profile & analytics
FOR LEASE
Industrial properties
5300 W 76Th St, Edina, MN 55439
Entity Owned
7-yr Hold
Free & Clear
Property ID
US46-0767291
For Lease
1 / 2
$10,285,000
5300 W 76Th St, Edina, MN 55439
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
122,289 SF
Lot
6.49 ac (282,704 SF)
Zoning code
PID
APN
08-116-21-41-0011
UPID
US46-0767291
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
$10.29M
Owner & transaction history
5300 W76 LLC · 7 yrs held
5300 W76 LLC
since 2019
6 recorded transactions
Zoning & alternative use
PID · Edina, MN
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 Edina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Edina 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
$84 / SF
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
$250,055
Tax year 2023
Assessed value
$8,561,800
Assessed 2023
Previous assessed
$6,880,600
+24.4% YoY
Effective rate
2.92%
On assessed value
Assessed land
$1,977,500
Assessed improvement
$6,584,300
Land market value
$1,977,500
Improvement market value
$6,584,300
Total market value
$8,561,800
Applied tax rate
273.0000
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
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
122,289 SF
Lot
6.49 ac (282,704 SF)
Zoning code
PID
APN
08-116-21-41-0011
UPID
US46-0767291
Jurisdiction
HENNEPIN
Zoning & alternative use
PID · Edina, MN
Zoning PID · permitted uses
PID · Edina, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Edina. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Lot
6.49 ac
Current owner
From public records · entity-resolved
5300 W76 LLC
Entity
Free & Clear · 7 yrs held
Mailing address
81 S 9TH ST STE #210, MINNEAPOLIS, MN 55402-3225
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2024
—
The 614 Company
—
Deed
related
$7,150,000 · Tcf National Bank
Jul 3, 2019
$500
5300 W76 LLC
614 Co
Quit Claim Deed
related
—
Jul 3, 2019
—
5300 W76 LLC
—
Deed
related
$7,150,000 · Tcf Nat'l Bk
Jun 27, 2016
—
614 Co
—
Deed
related
$7,150,000 · Tcf Nat'l Bk
—
—
5300 W76 LLC
—
Loan Modification
related
$7,150,000 · Tcf Nat'l Bk
—
—
614 Co
—
Deed Of Trust
related
$7,150,000 · Tcf Nat'l 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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
