Technical
Financial
Distress signals
Property profile

5455 6th NE St Fridley, MN 55432

OFF-MARKET
Commercial land
Property ID
US46-0665025
0.43 ac lot
Individually Owned 16-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This Fridley, Minnesota industrial property offers eight vacant flex/warehouse condo units, each approximately 1,175 square feet. Located just south of Highway 694, between Highways 47 and 65, this prime location boasts easy access and high visibility. Units feature 16' to 24' ceilings, two parking spaces per unit, and are equipped with sheetrocked walls, LED amp service (3-phase to box, 6 outlets), in-floor heat, drains with flammable waste taps, a service door, a 12' x 12' garage door, and roughed-in bath facilities. A fire protection system is in place. The C-2 zoning allows for a variety of uses, including contractor warehouse/office/storage, luxury garage, office/flex space, print shop, car detailing, showroom, and more. The association-maintained development offers secure, gated access. Units are customizable, allowing for features such as kitchenettes, restrooms, private offices, and the combination of multiple units for larger spaces. This is an excellent opportunity to own a versatile and adaptable space in a highly desirable location.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.43 ac (18,600 SF)
APN 23-30-24-34-0095
UPID US46-0665025

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5455 6th NE St Fridley, MN 55432
Fridley metro Census 51206 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2010
1 recorded transaction
2010
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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