Property profile

701 Decatur N Ave Golden Valley, MN 55427

OFF-MARKET
Industrial properties
Property ID
US46-0997555
3.97 ac lot Built 1982
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Decatur Business Center offers versatile commercial space in Golden Valley, Minnesota. This single-story building, located at 701 Decatur Ave N, zip code 55427, provides a range of options for businesses seeking flexible layouts. The property is conveniently situated off US-169 and Highway 55, offering excellent accessibility. Currently, there is one available space ranging from 1,452 to 6,270 square feet, suitable for various uses including retail, office, and industrial needs. The building's classification includes Traditional Office, Flex, Warehouse, and Creative Office spaces, catering to diverse business requirements. The property features multiple tenancies, allowing for flexibility in lease terms and space configurations. Under new local ownership and management, significant improvements are underway, including a new parking lot and a new roof, ensuring a modern and well-maintained facility. This prime location in Golden Valley presents a unique opportunity for businesses seeking a functional and accessible space in a thriving community. The property's latitude and longitude coordinates are 44.98611692581953 and -93.39443763573298 respectively.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1982
Construction CONCRETE BLOCKS
Lot 3.97 ac (172,933 SF)
APN 31-118-21-24-0037
UPID US46-0997555

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Printing Equipment And Supplies
  • (Bike/Boat/Book/etc) Store Printing Service
  • Medical Clinic
  • Medical Clinic
  • Gym & Fitness Center

Location

701 Decatur N Ave Golden Valley, MN 55427-4367
Golden Valley metro Census 21601 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.55M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.55M

Owner & transaction history

since 2024
Last sale
$4.6M
7 recorded transactions
2024
$4.6M
2023
Price N/A
2023
Price N/A
2023
Price N/A
2023
Price N/A
2023
Price N/A
2021
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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