Property profile

7030 Brooklyn Blvd Brooklyn Center, MN 55429

OFF-MARKET
Commercial real estate
Property ID
US46-3145457
2,808 SF 0.14 ac lot Built 1986
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This 1,920-square-foot office building, located at 7030 Brooklyn Blvd in Brooklyn Center, Minnesota, presents a fantastic owner-user or investment opportunity. Built in 1985 and completely remodeled in 2023, this single-story Class C building offers a versatile layout suitable for various office uses, including creative, medical, or traditional office settings. The main floor features a reception area, three private offices, and a spacious conference room. A lower level provides a private breakroom and additional office space. Both restrooms have been updated. The property is part of the well-maintained Brooklyn Plaza Association, which handles exterior maintenance, including parking lot upkeep. Ample parking is available for tenants and clients. The asking price is $279,900, with an occupancy date of January 1, 2025. This property offers a convenient and accessible location in Hennepin County, Minnesota, zip code 55429. Its updated interior and worry-free exterior maintenance make it an attractive option for businesses seeking a functional and well-maintained workspace. The property's adaptability to different office subtypes makes it a highly versatile investment.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Construction WOOD
Total area 2,808 SF
Lot 0.14 ac (5,899 SF)
APN 27-119-21-33-0082
UPID US46-3145457

Cap rate & NOI

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

Location

7030 Brooklyn Blvd Brooklyn Center, MN 55429-1370
Brooklyn Center metro Census 20301 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2014
Last sale
$275,000
7 recorded transactions
2014
$59,000
2013
$85,000
2012
Price N/A
2008
$60,000
2008
$500
2008
$60,000
2001
$77,000

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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