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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    941 Hillwind NE Rd, Fridley, MN 55432-5962

    30,472 SF 1.09 ac lot Built 1990
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US46-1871083
    Property summary
    AI-generated overview

    This exceptional three-story office building, totaling 40,000 square feet, presents a unique opportunity for businesses seeking flexible and convenient workspace in Fridley, Minnesota. Built in 1987, the property offers multiple tenancy options, with spaces ranging from a minimum of 1,522 square feet to a maximum contiguous space of 10,387 square feet. Five spaces are currently available. The building's strategic location on a frontage road provides easy access to major transportation arteries, including I-694 and Highway 65, placing it within close proximity to the Medtronic World Headquarters. This convenient suburban location offers employees access to a variety of nearby amenities, including Target, Petco, Lifetime Fitness, restaurants, and hotels. The building features ample parking with 74 spaces total, including 16 climate-controlled indoor spaces. The first floor is above ground level, offering convenient access and enhanced security. The building's design allows for customization, making it suitable for a wide range of businesses and their specific needs. This is an ideal location for companies seeking a blend of accessibility, amenities, and adaptable workspace.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1990
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 30,472 SF
    Lot 1.09 ac (47,519 SF)
    APN 24-30-24-32-0133
    UPID US46-1871083
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Stoick Properties LLC · 3 yrs held
    Stoick Properties LLC
    since 2022
    Last sale
    $100,000
    3 recorded transactions
    2022
    $100,000
    2022
    $3.0M
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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