0 acres heavy industrial blaine€¦ · 1691 91st avenue ne, blaine, mn fo sale property highlights...

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30 Acres - Heavy Industrial - Blaine 1691 91st Avenue NE, Blaine, MN FOR SALE For more information, please contact: Visit us at: mncreadvisors.com ©2019 Cushman & Wakefield NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). AS APPLICABLE, WE MAKE NO REPRESENTATION AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) IN QUESTION. Cushman & Wakefield 3500 American Blvd. W. Suite 200 Minneapolis, MN 55431 cushmanwakefield.com Tom Sullivan Executive Director +1 952 837 8657 [email protected] Peter Fooshe Senior Associate +1 952 820 8722 [email protected] J.P. Perpich Associate +1 952 837 8532 [email protected] Brent Masica Executive Director +1 952 893 8231 [email protected]

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Page 1: 0 Acres Heavy Industrial Blaine€¦ · 1691 91st Avenue NE, Blaine, MN FO SALE Property Highlights • 30 acres of Heavy Industrial land • 3-bay maintenance shop building and office

30 Acres - Heavy Industrial - Blaine1691 91st Avenue NE, Blaine, MN

FOR SALE

For more information, please contact:

Visit us at: mncreadvisors.com©2019 Cushman & Wakefield NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). AS APPLICABLE, WE MAKE NO REPRESENTATION AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) IN QUESTION.

Cushman & Wakefield3500 American Blvd. W. Suite 200 Minneapolis, MN 55431cushmanwakefield.com

Tom SullivanExecutive Director+1 952 837 8657 [email protected]

Peter FoosheSenior Associate+1 952 820 8722 [email protected]

J.P. PerpichAssociate+1 952 837 8532 [email protected]

Brent MasicaExecutive Director+1 952 893 8231 [email protected]

Page 2: 0 Acres Heavy Industrial Blaine€¦ · 1691 91st Avenue NE, Blaine, MN FO SALE Property Highlights • 30 acres of Heavy Industrial land • 3-bay maintenance shop building and office

30 Acres - Heavy Industrial - Blaine1691 91st Avenue NE, Blaine, MN

FOR SALE

Property Highlights• 30 acres of Heavy Industrial land

• 3-bay maintenance shop building and office

• Outdoor storage/trailer parking possible

• In-ground truck scale on-site

• Prime industrial site with an abundance of uses permitted

• Quick access to Highway 10, MN State Highway 65 and Interstate 35W

PROPERTY INFORMATION

Building Sizes

Shop Building2,016 square feet16’ clear3 drive-in doors

Office Building1,288 square feet

Lot Size 29.28 acres (1,275,437 square feet)

PID # 32.31.23.11.0011

Zoning I2 - Heavy Industrial

2019 Taxes $49,462.15

Sale Price $3,250,000.00 ($2.55/sf)

DEMOGRAPHICS 1 Mile 3 Miles 5 Miles

Population 2,735 63,209 187,286

Households 1,228 24,890 71,083

Avg. HH Income $63,311 $82,634 $91,970

Daytime Population 3,611 41,312 74,350

TRAFFIC COUNTS VPD

93rd Ln NE 4,900

Highway 65 53,000

Highway 10 99,000

Page 3: 0 Acres Heavy Industrial Blaine€¦ · 1691 91st Avenue NE, Blaine, MN FO SALE Property Highlights • 30 acres of Heavy Industrial land • 3-bay maintenance shop building and office

30 Acres - Heavy Industrial - Blaine1691 91st Avenue NE, Blaine, MN

FOR SALE

Page 4: 0 Acres Heavy Industrial Blaine€¦ · 1691 91st Avenue NE, Blaine, MN FO SALE Property Highlights • 30 acres of Heavy Industrial land • 3-bay maintenance shop building and office

30 Acres - Heavy Industrial - Blaine1691 91st Avenue NE, Blaine, MN

FOR SALE

Page 5: 0 Acres Heavy Industrial Blaine€¦ · 1691 91st Avenue NE, Blaine, MN FO SALE Property Highlights • 30 acres of Heavy Industrial land • 3-bay maintenance shop building and office

30 Acres - Heavy Industrial - Blaine1691 91st Avenue NE, Blaine, MN

FOR SALE

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Page 7: 0 Acres Heavy Industrial Blaine€¦ · 1691 91st Avenue NE, Blaine, MN FO SALE Property Highlights • 30 acres of Heavy Industrial land • 3-bay maintenance shop building and office

30 Acres - Heavy Industrial - Blaine1691 91st Avenue NE, Blaine, MN

FOR SALE

Executive SummaryBlaine - 1691 91st Ave NE-93.227506158 45.137317608Rings: 1, 3, 5 mile radii

1 mile 3 miles 5 milesPopulation

2010 Population 2,476 60,358 174,328

2018 Population 2,735 63,209 187,2862023 Population 2,895 65,419 195,224

2010-2018 Annual Rate 1.21% 0.56% 0.87%

2018-2023 Annual Rate 1.14% 0.69% 0.83%

2018 Male Population 49.4% 48.9% 48.9%2018 Female Population 50.6% 51.1% 51.1%2018 Median Age 44.4 38.4 38.4

Currently, the U.S. median age is 38.3 years old.

Population by Employment2018 Civilian Population Base 1,457 34,460 103,071

2018 % Civilian Labor Force Employed 96.8% 95.7% 96.0%

2018 % Civilian Labor Force Unemployed 3.2% 4.3% 4.0%

Occupation Distribution2018 % White Collar Jobs 53.0% 62.6% 64.3%

2018 % Services Jobs 18.4% 15.1% 15.2%

2018 % Blue Collar Jobs 28.5% 22.4% 20.5%

Population by Education2018 Education Base - Population 25 + 2,034 43,933 129,594

Less than 9th Grade 4.1% 2.5% 2.5%

9th - 12th Grade, No Diploma 4.8% 5.1% 4.2%

High School Graduate 31.8% 23.8% 21.5%

GED/Alternative Credential 8.1% 4.3% 3.3%

Some College, No Degree 21.9% 24.6% 22.9%

Associate Degree 13.6% 13.5% 13.0%

Bachelor's Degree 7.4% 18.1% 22.0%

Graduate/Professional Degree 8.4% 8.1% 10.6%

Per Capita Income2018 Per Capita Income $28,151 $32,361 $35,0452023 Per Capita Income $32,693 $37,122 $40,128

2018-2023 Annual Rate 3.04% 2.78% 2.75%

Currently, the U.S. per capita income is $31,950. The per capita income is projected to be $36,530 in five years, for all U.S. households.

Households2010 Households 1,091 23,864 66,563

2018 Total Households 1,228 24,890 71,0832023 Total Households 1,309 25,728 73,980

2010-2018 Annual Rate 1.44% 0.51% 0.80%

2018-2023 Annual Rate 1.29% 0.66% 0.80%

2018 Average Household Size 2.23 2.53 2.62

Median Household Income2018 Median Household Income $51,414 $65,995 $73,3332023 Median Household Income $55,439 $75,100 $81,096

2018-2023 Annual Rate 1.52% 2.62% 2.03%

Currently, the median household income is $58,100 for all U.S. households. Median household income is projected to be $65,727 in five years, for all U.S. households.

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2018 and 2023

May 03, 2019Prepared By Cushman & Wakefield Click Me

©2018 Esri Latitude: 45.137318 Longitude: -93.227506 Page 1 of 2

Executive SummaryBlaine - 1691 91st Ave NE-93.227506158 45.137317608Rings: 1, 3, 5 mile radii

1 mile 3 miles 5 milesAverage Household Income

2018 Average Household Income $63,311 $82,634 $91,9702023 Average Household Income $73,024 $94,933 $105,504

2018-2023 Annual Rate 2.90% 2.81% 2.78%

Currently, the average household income is $83,694 for all U.S households. Average household income is projected to be $96,109 in five years, for all U.S. households Households by Income

2018 Household Income Base 1,228 24,890 71,083

<$15,000 116 1,529 3,964

$15,000-$24,999 168 1,970 4,577

$25,000-$34,999 115 1,969 4,994

$35,000-$49,999 188 3,239 8,582

$50,000-$74,999 294 5,156 14,087

$75,000-$99,999 130 3,910 11,104

$100,000-$149,999 144 4,558 13,725

$150,000-$199,999 60 1,644 6,056

$200,000+ 12 914 3,995

Housing

2010 Housing Units 1,147 24,957 69,393Owner Occupied Housing Units 73.8% 74.7% 77.0%

Renter Occupied Housing Units 21.4% 21.0% 19.0%

Vacant Housing Units 4.9% 4.4% 4.1%

2018 Housing Units 1,261 25,817 73,531Owner Occupied Housing Units 67.3% 74.5% 77.0%

Renter Occupied Housing Units 30.1% 22.0% 19.6%

Vacant Housing Units 2.6% 3.6% 3.3%

2023 Housing Units 1,344 26,638 76,439Owner Occupied Housing Units 68.9% 76.1% 78.5%

Renter Occupied Housing Units 28.5% 20.5% 18.2%

Vacant Housing Units 2.6% 3.4% 3.2%

Currently, in the U.S., 56.0% of the housing units are owner occupied; 32.8% are renter occupied; and 11.2% are vacant.

Daytime PopulationTotal Employees 3,611 41,312 74,350

Total Businesses 311 2,639 4,905

Total Residential Population 2,735 63,209 187,286

Employee/Residential Population Ratio 132 65 40

Top Tapestry Segments1 mile 3 miles 5 miles

Down the Road (10D)Middleburg (4C)Parks and Rec (5C)Midlife Constants (5E)Bright Young Professionals (8C)

53.7%

26.5%16.7%

2.3%0.8%

Parks and Rec (5C) Home Improvement (4B)Soccer Moms (4A) Front Porches (8E)Midlife Constants (5E)

28.0%

15.4%

7.4%7.2%

6.2%

Home Improvement (4B)Parks and Rec (5C)Soccer Moms (4A)Savvy Suburbanites (1D)Bright Young Professionals (8C)

19.0%

18.4%

7.1% 5.8%

5.6%

More information about tapestry descriptions can be found here

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2018 and 2023

May 03, 2019Prepared By Cushman & Wakefield Click Me

©2018 Esri Latitude: 45.137318 Longitude: -93.227506 Page 2 of 2

Demographics