4131 Pheasant Ridge DrMinneapolis, MN 55449

Property Details for 4131 Pheasant Ridge Dr

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

10.20 AC

Property size (Sq ft)

54,176 SF

Property type

Industrial properties

APN

23-31-23-14-0006

APU

233123140006

Description

This exceptional 53,136-square-foot industrial property, located at 4131 Pheasant Ridge Dr NE in Minneapolis, Minnesota, presents a compelling investment opportunity. Situated on a substantial 10.42-acre lot within the Planned Business District, this Class C building offers significant potential. Constructed in 1988, the single-building structure boasts a generous 18-foot ceiling height, ideal for various manufacturing and warehousing needs. The property includes three loading docks and one dock-high door, ensuring efficient material handling. The asking price is $6,650,000, translating to $125.15 per square foot. The expansive lot size allows for future building expansion, catering to growth and scalability. Its strategic location provides excellent visibility and convenient access to major highways, enhancing logistical efficiency. The property is available for occupancy on April 1, 2025, offering ample time for planning and transition. The flexible zoning allows for a variety of uses, maximizing the property's versatility and investment potential. This standalone building represents a rare opportunity to acquire a well-located, sizable industrial property in a thriving Minneapolis market. The combination of size, location, and zoning makes this an attractive option for owner-users seeking a strategic expansion or relocation.

• Alternative Use

  Use

  Valuation

  Residential

  $11,400,985

  Hospitality

  $10,443,241

  Educational

  $8,688,654

  Medical

  $8,987,470

  Retail

  $13,515,684

Location Insight

City

Blaine

County

Anoka

State

Minnesota

Latitude

45.1632

Longitude

-93.165

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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