701 Decatur N Ave Golden Valley, MN 55427-4367
- Industrial properties
- 3.97 lot acres
Current Use by Public Records
- Gill Reprographics / Printing Equipment And Supplies
- Xerox Corporation / Print Shop
- Headway Emotional Health / Mental Health Clinic / Psychologist
- Headway Emotional Health Services / Mental Health Clinic
- CrossFit City of Lakes / Gym
Property Details for 701 Decatur N Ave
- Year built
- 1982
- Construction
- CONCRETE BLOCKS
- Lot size
- 3.97 lot acres
- Property type
- Industrial properties
- APN
- 31-118-21-24-0037
- APU
- 3111821240037
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,550,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,465,000
- 6.5%
- $4,515,000
- 7%
- $4,255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,010,000
- Geo Method
- $4,325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,450,000
- Retail
- $3,950,000
- Mixed-Use
- $4,930,000
- Hospitality
- $4,695,000
- Educational
- $4,275,000
- Residential Income
- $4,070,000
- Energy
- $5,100,000
- Income-Based Land
- $3,935,000
- Food Service
- $4,890,000
Location Insight
- Map
- Local Demand
- City
- Golden Valley
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.3943
- Latitude
- 44.9862
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA