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    Property profile & analytics

    5491 Adams St Mounds View, MN 55112

    • Grocery and convenience stores
    • 5,933 SF
    • 0.43 lot acres
    For Sale
    View listing
    $775,000
    Value Estimation
    Last Sale
    Jul 08, 2021
    $274,000
    Location Intelligence
    Property ID
    US46-1091199
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 5491 Adams St

    Year built
    1948
    Construction
    FRAME
    Lot size
    0.43 lot acres
    Property size
    5,933 SF
    Zone code
    E
    Property type
    Grocery and convenience stores
    APN
    08-30-23-12-0052
    APU
    83023120052

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $195,000
      6.5%
      $210,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $185,000
      Geo Method
      $195,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $185,000
      Retail
      $170,000
      Mixed-Use
      $170,000
      Hospitality
      $200,000
      Educational
      $215,000
      Residential Income
      $200,000
      Energy
      $190,000
      Income-Based Land
      $170,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Mounds View
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1975
    Latitude
    45.1073
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,736
    $113,200
    $179,100
    $292,300
    -
    $113,200
    $179,100
    $292,300

    Comparable in this City

    • Value Estimation by Request
      1,064 SF

      2155 County Rd H H

      CONVENIENCE STORE • 1,064 SF
      2155 County Rd H H, Mounds View, MN 55112-1506
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    • Value Estimation
      $380,000
      192 SF

      574 Old Hwy 8th NW

      CONVENIENCE STORE • 192 SF
      574 Old Hwy 8th NW, New Brighton, MN 55112-2721
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    • Value Estimation by Request
      4,377 SF

      2380 County Rd D W D

      CONVENIENCE STORE • 4,377 SF
      2380 County Rd D W D, Saint Paul, MN 55112-7584
      View Details
    • Value Estimation by Request
      4,548 SF

      2732 Mounds Vw Blvd

      CONVENIENCE STORE • 4,548 SF
      2732 Mounds Vw Blvd, Mounds View, MN 55112-4042
      View Details
    • Value Estimation by Request
      5,550 SF

      1920 Hwy 96th W

      CONVENIENCE STORE • 5,550 SF
      1920 Hwy 96th W, Arden Hills, MN 55112-1900
      View Details
    • Value Estimation by Request
      1,861 SF

      11 Silver Lk SW Rd

      CONVENIENCE STORE • 1,861 SF
      11 Silver Lk SW Rd, New Brighton, MN 55112-3338
      View Details

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    Similar Nearby for Lease

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    5491 Adams St
    Mounds View, MN 55112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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