New search
Property profile & analytics
FOR LEASE
Industrial properties
9664 85Th Ave N, Maple Grove, MN 55369
Entity Owned
Free & Clear
Property ID
US46-0968088
For Lease
1 / 3
Contact for pricing
9664 85Th Ave N, Maple Grove, MN 55369
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1966
Construction
CONCRETE BLOCKS
Total area
6,750 SF
Lot
0.43 ac (18,731 SF)
APN
13-119-22-44-0005
UPID
US46-0968088
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
9664 85th LLC
9664 85th LLC
since 2025
Last sale
$435,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Maple Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maple Grove submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,522
Tax year 2023
Assessed value
$490,500
Assessed 2023
Previous assessed
$416,300
+17.8% YoY
Effective rate
2.55%
On assessed value
Assessed land
$127,800
Assessed improvement
$362,700
Land market value
$127,800
Improvement market value
$362,700
Total market value
$490,500
Applied tax rate
279.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1966
Construction
CONCRETE BLOCKS
Heating
STEAM
Cooling
NONE
Stories
1
Total area
6,750 SF
Lot
0.43 ac (18,731 SF)
APN
13-119-22-44-0005
UPID
US46-0968088
Jurisdiction
HENNEPIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1966
Construction
CONCRETE BLOCKS
Heating
STEAM
Cooling
Yes
Stories
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
9664 85th LLC
Entity
Free & Clear · 0 yrs held
Mailing address
9664 85TH AVE N, MAPLE GROVE, MN 55369-4516
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2025
$435,000
9664 85th LLC
Lund Property LLC
Warranty Deed
—
Dec 12, 2014
—
Lund Property LLC
Lund,clarence J JR & Margaret E
Quit Claim Deed
related
—
May 21, 2013
—
Clarence J Lund JR.
Lund,clarence J JR & Margarett E
Quit Claim Deed
related
—
—
—
Clarence J Lund
—
Deed Of Trust
related
$31,235 · Highland Bank
—
—
Clarence J Lund JR.
—
Loan Modification
related
$100,000 · Spire FCU
—
—
Clarence J Lund JR.
—
Deed Of Trust
related
$93,071 · Spire FCU
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
