644 2nd St Saint Paul Park, MN 55071-1852
This exceptional 80,350-square-foot industrial flex building presents a unique opportunity for a single tenant seeking a substantial space in Washington County. Constructed in 1956 and renovated in 1979, the property boasts a Class B rating and sits on a generous 3.05 acres of land. The single-story building features a desirable 20' 6" ceiling height, providing ample vertical space for various operational needs. Convenient loading and unloading are ensured with the presence of five loading docks and five drive-in doors. The property's location within the southeast industrial submarket offers excellent access to major transportation routes and a robust workforce. This well-maintained building is ready for immediate occupancy, offering a significant footprint for businesses requiring substantial warehouse and/or office space. The single-tenant occupancy provides a unique opportunity for a company seeking a dedicated and expansive facility. The property's size, features, and location make it an ideal choice for a variety of industrial and flex-use businesses seeking a strategic presence in a thriving commercial area. Its substantial acreage also allows for potential expansion or future development. This is a rare opportunity to secure a large, well-maintained industrial space in a desirable location.
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
No recorded transactions found for this property.
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.