390 Commerce DrWoodbury, MN 55125

  • Warehouses
  • 65,419 SF
For Lease

Property Details for 390 Commerce Dr

Year built
1998
Lot size
7.35 AC
Property size (Sq ft)
65,419 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
03-028-21-13-0016
APU
302821130016

Description

This exceptional single-tenant industrial distribution facility, located at 390 Commerce Dr, Woodbury, MN 55125, offers 65,419 square feet of warehouse space. Situated on a 7.34-acre lot, the property boasts ample parking with 171 stalls (a ratio of 2.61 per 1,000 square feet). The building features robust power capabilities, including 2,000 AMPS at 480V. This presents a significant opportunity for businesses requiring substantial space and reliable power infrastructure. The strategic location in Woodbury, Minnesota places the property within easy reach of a thriving retail trade area, ensuring convenient access to customers and suppliers. Furthermore, the building offers significant expansion potential, with the possibility of adding up to an additional 34,000 square feet. This makes it an ideal choice for businesses anticipating future growth and expansion needs. The property's single-tenant occupancy provides a streamlined operational environment, minimizing complexities associated with multi-tenant properties. This prime industrial space is ready for immediate occupancy and offers a unique blend of size, location, and expansion potential. Inquire today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,767,001
    Hospitality
    $12,610,499
    Educational
    $10,491,787
    Medical
    $10,852,616
    Retail
    $16,320,558
390 Commerce Dr, Woodbury, Minnesota

Location Insight

City
Woodbury
County
Washington
State
Minnesota
Latitude
44.9425
Longitude
-92.9118
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$133,322
$1,190,100
$3,457,800
$4,647,900
-
$1,190,100
$3,457,800
$4,647,900

FAQs

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