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Property profile & analytics
OFF-MARKET Estimated value $2,050,000
Manufacturing properties

644 2nd St Saint Paul Park, MN 55071-1852

74,879 SF 1.55 ac lot Built 1956
Entity Owned Absentee Owner Free & Clear
Property ID
US46-0917663
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1956
Total area 74,879 SF
Lot 1.55 ac (67,387 SF)
APN 12-027-22-21-0057
UPID US46-0917663
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
$1.88M
Blend (final) Blend
$2.05M
Owner & transaction history
S & J FAMILY PTSHP
S & J FAMILY PTSHP
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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