Property profile

5491 Adams St Mounds View, MN 55112

OFF-MARKET
Grocery and convenience stores
Property ID
US46-1091199
5,933 SF 0.43 ac lot Built 1948
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,026 square foot commercial property, located on Adams Avenue, offers a unique opportunity for businesses seeking modern, versatile office space. Built in 1948 and extensively renovated in 2022, the single-story building features three suites, with one vacant suite totaling 1,888 square feet immediately available. The minimum divisible space is also 1,888 square feet, representing the maximum contiguous space currently available. The building boasts a 10-foot ceiling height, providing ample space and a bright, airy feel. The property is zoned B-2, allowing for a variety of permitted uses beyond the existing build-out, which was previously configured as a nail or hair salon. Conveniently located just one minute from Highway 35W, this property offers excellent accessibility and visibility. On-site parking is available for tenants and clients. This is an ideal location for businesses seeking a blend of modern amenities and convenient access to major transportation routes. The property is situated in Ramsey County. This fully remodeled space presents a rare opportunity to secure a high-quality office space in a desirable location. Don't miss out on this chance to establish your business in a thriving area.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1948
Construction FRAME
Total area 5,933 SF
Lot 0.43 ac (18,861 SF)
Zoning code E
APN 08-30-23-12-0052
UPID US46-1091199

Cap rate & NOI

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

Location

5491 Adams St Mounds View, MN 55112-1407
Mounds View metro Census 40902 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2026
Last sale
$775,000
3 recorded transactions
2026
$775,000
2022
Price N/A
2021
$274,000

Zoning & alternative use

E · Mounds View, MN

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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