8351 Lk Dr, Lino Lakes, MN 55014-2170
This exceptional 5,499 square foot multi-use building, situated on a 0.51-acre lot in Lino Lakes, Minnesota, presents a compelling investment opportunity. The property, built in 1976 and extensively renovated in 2019, boasts a versatile layout ideal for a variety of businesses. Currently configured as an auto shop and flex space, the building features two separate shops with individual gas meters, three bathrooms (one half-bath and two full baths), three dedicated offices, a kitchenette, and ample interior storage. The spacious shop area benefits from 17-foot high ceilings, three overhead doors (12', 13', and 14' high), and concrete exterior parking slabs. The property also includes 45 parking spaces, both inside and outside a fully fenced, crushed asphalt yard with an automatic gate. Climate control is provided by forced air and central AC in the offices, complemented by overhead radiant heat in the shop areas. The building is equipped with 208 3-phase electrical service, private water and sewer, and natural gas. Located less than 2.5 miles from Highway 35W, this property enjoys high visibility with over 9,400,000 vehicles passing daily. The property is zoned for General Business, offering flexibility for various uses. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving market.
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Precision Contracting MN Hardware & Home Improvement Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.