7600 27Th StSt. Louis Park, MN 55426

For Lease
  • Industrial properties
  • 555,372 SF

Property Details for 7600 27Th St

Year built
1993
Construction
CONCRETE
Lot size
5.99 AC
Property size (Sq ft)
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $128,129,848
    Hospitality
    $117,366,256
    Educational
    $97,647,344
    Medical
    $101,005,592
    Retail
    $151,895,872
7600 27Th St, St. Louis Park, Minnesota

Location Insight

City
St Louis Park
County
Hennepin
State
Minnesota
Latitude
44.9552
Longitude
-93.3769
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
$218,025
$1,299,000
$5,720,000
$7,019,000
-
$1,299,000
$5,720,000
$7,019,000

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