7600 27Th St St. Louis Park, MN 55426
- Industrial properties
- 555,372 SF
- 5.99 lot acres
Current Use by Public Records
- Field Environmental Instruments, Inc.-Minneapolis / Environmental Consultant
- Un-Du Inc / Manufacturer
- Custom Laser / Laser Equipment Supplier
- Wood You Tell Me / Wholesaler
Property Details for 7600 27Th St
- Year built
- 1993
- Construction
- CONCRETE
- Lot size
- 5.99 lot acres
- Property size
- 555,372 SF
- Property type
- Industrial properties
- APN
- 08-117-21-32-0051
- APU
- 811721320051
Description
This exceptional 91,043 square foot industrial property, located at 7600 W 27th St in St. Louis Park, Minnesota, presents a unique investment opportunity. The single-story, Class B building, constructed in 1993, sits on a generous 5.99 acres of land within the MN-West submarket of Hennepin County. The property features a diverse range of uses, suitable for flex, warehouse, manufacturing, distribution, and R&D operations. With 57 individual suites available, the multi-tenant configuration offers flexibility and potential for diverse income streams. The building boasts a 14-foot ceiling height, providing ample vertical space for various operational needs. Access is facilitated by 2 dock-high doors and 55 drive-in doors, ensuring efficient loading and unloading. The property is conveniently located in St. Louis Park, MN, zip code 55426, offering easy access to major transportation routes. While elevators are not present, the single-story design promotes ease of movement and accessibility. This property represents a compelling investment opportunity in a thriving industrial submarket. The substantial size, diverse suite options, and strategic location make it an attractive asset for both investors and businesses seeking versatile industrial space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,750,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,820,000
- 6.5%
- $2,620,000
- 7%
- $2,845,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,860,000
- Geo Method
- $2,715,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,935,000
- Retail
- $2,385,000
- Mixed-Use
- $2,390,000
- Hospitality
- $2,555,000
- Educational
- $3,020,000
- Residential Income
- $3,195,000
- Energy
- $3,135,000
- Income-Based Land
- $3,275,000
- Food Service
- $3,075,000
Location Insight
- Map
- Local Demand
- City
- St Louis Park
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.3769
- Latitude
- 44.9552
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
