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7.1. EDSR 08-15-2022Request for Action To Item Number Economic Development Authority 7.1 Agenda Section Meeting Date Prepared by General Business August 15, 2022 Joshua Mollan, Economic Development Specialist Item Description Reviewed by EDA Properties Updates Brent O’Neil, Economic Development Director Reviewed by Cal Portner, City Administrator Action Requested Item presented for information and discussion purposes. Background/Discussion Ryan Hardin of Hardin Companies will present updates on EDA properties and overall market conditions within the city. Financial Impact N/A Mission/Policy/Goal Attract new business development to Elk River to build the City’s economic vibrancy, job offerings, and tax base. Attachments  Hardin Update The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity. Updated: August 2020 16807 US Hwy 10 - 15 16807 US Hwy 10 Elk River, MN 55330 County Sherburne Submarket MN - Northwest Property Type Land Property Subtype Zoning FAST Building Status Class Year Built Building SF Land Size 15.03 Acres Occupancy Type Construction Elevators Floors Parking Total/Ratio / Tax ID/APN 75-011-3235,75-011-3 Owner Dawn Moyer Space Information Type / Status Land Sold Floor / Suite Primary Use Available Date Lease/Sale Date 02/28/2022 List Price $570,000.00 Lease/Sale Price Lease Type Expenses Available SF 654,707 SF Divisible SF Office SF / #: Doors Clear Height Electrical 10688 171st Ave NW 10688 171st NW Elk River, MN 55330 Sherburne MN - Northwest Land PUD 2.21 Acres / 75-713-0060 Land Sold 07/20/2022 Negotiable $370,000.00 9750 158th Cir NW - 9750 158th Cir NW Elk River, MN 55330 Sherburne MN - Northwest Land 1.30 Acres / 75-811-0110 Raymond T Renner Land Sold 06/21/2022 $174,900.00 $156,345.75 56,628 SF 13566 185th Ave NW - 13566 185th Ave NW Elk River, MN 55330 Sherburne MN - Northwest Land Retail C3 3 Acres / 75-597-0105,75-597-0 Land For Sale Now $360,000.00 130,680 SF This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor. Ryan Hardin 612-860-6177 ryanhardin@hardincompanies.com 8/8/2022 My Report Hardin Companies 15681 Andre St NW, Ramsey, MN 55303 | 612-860-6177 17610 Tyler St NW - 17610 Tyler St NW Elk River, MN 55330 County Sherburne Submarket MN - Northwest Property Type Land Property Subtype Industrial Zoning FAST Building Status Class Year Built Building SF Land Size 12.13 Acres Occupancy Type Construction Elevators Floors Parking Total/Ratio / Tax ID/APN 75-757-0105 Owner Space Information Type / Status Land For Sale Floor / Suite Primary Use Available Date Now Lease/Sale Date List Price $1,056,757.00 Lease/Sale Price Lease Type Expenses Available SF 528,383 SF Divisible SF Office SF / #: Doors Clear Height Electrical 10835 170th Ave NW - 10835 170th Ave NW Elk River, MN 55330 Sherburne MN - Northwest Land Industrial FAST 4.69 Acres / 75-820-0105 Land For Sale Now $408,593.00 204,296 SF Elk Path Business Ce Mississippi Rd NW & Elk River, MN 55330 Sherburne MN - Northwest Land Industrial BP 27 Acres / 75-844-0020 Derek Baas Land For Sale Now $2,352,240.00 1,176,120 SF Elk Path Business Ce Business Center Dr N Elk River, MN 55330 Sherburne MN - Northwest Land Industrial BP 8.15 Acres / 75-844-0010 Derek Baas Land For Sale Now $705,700.00 355,014 SF This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor. Ryan Hardin 612-860-6177 ryanhardin@hardincompanies.com 8/8/2022 My Report Hardin Companies 15681 Andre St NW, Ramsey, MN 55303 | 612-860-6177 170th Cir NW & Twin 170th Cir NW & Twin Elk River, MN 55330 County Sherburne Submarket MN - Northwest Property Type Land Property Subtype Zoning FAST Building Status Class Year Built Building SF Land Size 2.92 Acres Occupancy Type Construction Elevators Floors Parking Total/Ratio / Tax ID/APN 75-820-0010 Owner Space Information Type / Status Land For Sale Floor / Suite Primary Use Available Date Now Lease/Sale Date List Price $254,390.00 Lease/Sale Price Lease Type Expenses Available SF 127,195 SF Divisible SF Office SF / #: Doors Clear Height Electrical Elk Ridge Lot A - 2. Holt St NW Elk River, MN 55330 Sherburne MN - Northwest Land Retail PUD 2.95 Acres / 75-813-0010 Land For Sale Now Negotiable 3 SF 1 SF 10852 168th Ct - 3. 10852 168th Ct Elk River, MN 55330 Sherburne MN - Northwest Land Industrial FAST 3.65 Acres / 75-828-0305 Land For Sale Now $317,988.00 158,994 SF Elk Commons Lot 2 - 17994 Zane St NW Elk River, MN 55330 Sherburne MN - Northwest Land Retail C3 1.97 Acres / 75-849-0110 Land For Sale Now Negotiable 85,813 SF 0 Dock High, 0 Grade, 0 Rail This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor. Ryan Hardin 612-860-6177 ryanhardin@hardincompanies.com 8/8/2022 My Report Hardin Companies 15681 Andre St NW, Ramsey, MN 55303 | 612-860-6177 1 16807 US Hwy 10 Elk River, MN 55330 Bldg SF: 2 10688 171st NW Elk River, MN 55330 Bldg SF: 3 9750 158th Cir NW Elk River, MN 55330 Bldg SF: 4 13566 185th Ave NW Elk River, MN 55330 Bldg SF: 5 17610 Tyler St NW Elk River, MN 55330 Bldg SF: 6 10835 170th Ave NW Elk River, MN 55330 Bldg SF: 7 Mississippi Rd NW & Troy St NW Elk River, MN 55330 Bldg SF: 8 Business Center Dr NW Elk River, MN 55330 Bldg SF: 9 170th Cir NW & Twin Lakes Rd Elk River, MN 55330 Bldg SF: 10 Holt St NW Elk River, MN 55330 Bldg SF: 11 10852 168th Ct Elk River, MN 55330 Bldg SF: 12 17994 Zane St NW Elk River, MN 55330 Bldg SF: This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor. Ryan Hardin 612-860-6177 ryanhardin@hardincompanies.com 8/8/2022 My Report Hardin Companies 15681 Andre St NW, Ramsey, MN 55303 | 612-860-6177 Next →← Back Land for Sale in Elk River (4.69 Acres) Sent at 11:28 AM on Jul. 13, 2022 Email Preview  Land for Sale in Elk River (4.69 Acres) 10835 170th Ave NW, Elk River, MN 55330 Land for Sale in Elk River (4.69 Acres) Great opportunity for development of 4.69 acres on 170th Ave and Twin Lakes Road. Convenient access to Highway10/169 and Highway 101. Northstar Commuter Rail Station nearby. Over 8,700 Vehicles Per Day on 171st Ave Twin Lakes Road. Search Lists Reports Email My Listings Help Ryan Hardin  Opened Opened Opened Download Flyer 10835 170th Ave NW Land For Sale 4.69 Acres $408,593 View Listing Hardin Companies 15681 Andre St NW Ramsey, MN 55303 Ryan Hardin 612-860-6177 ryanhardin@hardincompanies.com 7 World Trade Center, 250 Greenwich Street, New York, NY 10007 Manage your Email Preferences Unsubscribe from email sent by Ryan Hardin Unsubscribe from all Catylist Broadcasts 646 Recipients 237 Opens 37% Open Rate Recipients b*********@midamericagrp.com c**********@transwestern.com h******@midamericagrp.com Opened Opened Opened Opened Opened Opened Opened 646 Recipients Prev 1 2 3 4 5 ...65 Next t*********@midamericagrp.com a************@cushwake.com a****@elementmn.com a****@thegold.group a*******@cbburnet.com a*****@kwcommercial.com a*********@transwestern.com Terms of Use Privacy Policy Do Not Sell My Personal Information © 2001-2022 Catylist. Commercia l Exchang e 437 Ca tylis t 68 mncar.org 48 econdev.elkrivermn.g ov 28 Listing Traffic Repor t Listing traffic for 10835 170th Ave NW, Elk River, MN So urces Jan 22Feb 22Mar 22Apr 22May 22Jun 22Jul 22Aug 220 1 2 3 4 5 6 7 8 9 10 11 Listing ViewsCommerc ial Ex change Caty lis t mncar.org econdev.elkrivermn.gov 437 68 48 28 © C opyright Catylist. All Rights R eserved. The information presented herein is provided as is, without warranty of any kind. Neither the administrators of this site nor Catylist assume any liability for errors or omissions. Minnea polis, Minnesota 171 Elk River, Minnesota 60 Sa int Paul, Minnesota 46 Bua lo, Minnesota 42 Big Lake, Minnesota 16 Sa int Michael, Minnesota 16 Chicag o, Illinois 12 New York, New York 10 Monticello, Minnesota 10 Andover, Minnesota 9 Listing Traffic Repor t Lo cations Top US Cities Request loca tion is estimated based on IP a ddress a nd ma y vary in accuracy. 111 501501501 py g y g p p ,y y y y y © C opyright Catylist. All Rights R eserved. The information presented herein is provided as is, without warranty of any kind. Neither the administrators of this site nor Catylist assume any liability for errors or omissions. Next →← Back Land for Sale in Elk River (3 Acres) Sent at 11:27 AM on Jul. 13, 2022 Email Preview  Land for Sale in Elk River (3 Acres) 13566 185th Ave NW, Elk River, MN 55330 Land for Sale in Elk River (3 Acres) Great opportunity for development of 2 parcels, 3 acres (combined) with US Highway 10 Frontage off 185th Ave. Excellent location near controlled intersection of US Highway 10 and Joplin/185th. Search Lists Reports Email My Listings Help Ryan Hardin  Opened Opened Opened Download Flyer 13566 185th Ave NW Land For Sale 3 Acres $360,000 View Listing Hardin Companies 15681 Andre St NW Ramsey, MN 55303 Ryan Hardin 612-860-6177 ryanhardin@hardincompanies.com 7 World Trade Center, 250 Greenwich Street, New York, NY 10007 Manage your Email Preferences Unsubscribe from email sent by Ryan Hardin Unsubscribe from all Catylist Broadcasts 646 Recipients 239 Opens 37% Open Rate Recipients b*********@midamericagrp.com c**********@transwestern.com h******@midamericagrp.com Opened Opened Opened Opened Opened Opened Opened 646 Recipients Prev 1 2 3 4 5 ...65 Next t*********@midamericagrp.com a************@cushwake.com a****@elementmn.com a****@thegold.group a*******@cbburnet.com a*****@kwcommercial.com a*********@transwestern.com Terms of Use Privacy Policy Do Not Sell My Personal Information © 2001-2022 Catylist. Commercial Excha ng e 449 Catylist 75 mnca r.org 16 econdev.elkrivermn.gov 16 Listing Traffic Report Listing traffic for 135 66 185th Ave NW, Elk River, MN Sources Jan 22Feb 22Mar 22Apr 22May 22Jun 22Jul 22Aug 220 1 2 3 4 5 6 7 8 Listing ViewsCommercial Ex change Caty lis t mnc ar.orgecondev.elkrivermn.gov 449 75 16 16 © Copyright C atylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither the administrators of this site nor Catylist assume any liability for errors or om issions. Listing Traffic Report Locations Minneapolis, Minnes ota 163 Bualo, Minnes ota 50 Elk River, Minnesota 48 Saint Pa ul, Minnesota 26 Ma ple Grove, Minnes ota 14 Big La ke, Minnesota 14 Saint Michael, Minnesota 13 Princeton, Minnes ota 10 Monticello, Minnesota 10 Chica go, Illinois 9 Top US Cities India 1 Other Countries Request loca tion is estimated ba sed on IP address and may vary in accuracy. 111 475475475 py g y g p p ,y y y y y © Copyright C atylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither the administrators of this site nor Catylist assume any liability for errors or om issions. Next →← Back Land for Sale in Elk River (12.13 Acres) Sent at 11:28 AM on Jul. 13, 2022 Email Preview  Land for Sale in Elk River (12.13 Acres) 17610 Tyler St NW, Elk River, MN 55330 Land for Sale in Elk River (12.13 Acres) Great opportunity for potential development. 12.13 acres on Tyler St and Twin Lakes Road. Convenient access to Highway 10/169 and Highway 101. Northstar Commuter Rail Station nearby. Over 6,000 Vehicles Per Day on Twin Lakes Road. Search Lists Reports Email My Listings Help Ryan Hardin  Opened Opened Opened Download Flyer 17610 Tyler St NW Land For Sale 12.13 Acres $1,056,757 View Listing Hardin Companies 15681 Andre St NW Ramsey, MN 55303 Ryan Hardin 612-860-6177 ryanhardin@hardincompanies.com 7 World Trade Center, 250 Greenwich Street, New York, NY 10007 Manage your Email Preferences Unsubscribe from email sent by Ryan Hardin Unsubscribe from all Catylist Broadcasts 646 Recipients 238 Opens 37% Open Rate Recipients b*********@midamericagrp.com h******@midamericagrp.com p*****@summerhillcommercial.com Opened Opened Opened Opened Opened Opened Opened 646 Recipients Prev 1 2 3 4 5 ...65 Next t*********@midamericagrp.com a************@cushwake.com a****@elementmn.com a****@thegold.group a*******@cbburnet.com a*****@kwcommercial.com a*********@transwestern.com Terms of Use Privacy Policy Do Not Sell My Personal Information © 2001-2022 Catylist. Commercial Excha ng e 428 Catylist 86 mnca r.org 37 econdev.elkrivermn.gov 9 Listing Traffic Report Listing traffic for 17610 Tyler St NW, Elk River, MN Sources Jan 22Feb 22Mar 22Apr 22May 22Jun 22Jul 22Aug 220 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5 5.5 6 Listing ViewsCommerc ial Exc hange Caty lis t mnc ar.org 428 86 37 © Copyright C atylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither the administrators of this site nor Catylist assume any liability for errors or om issions. Listing Traffic Report Locations Minneapolis, Minnes ota 168 Elk River, Minnesota 47 Bualo, Minnes ota 42 Saint Pa ul, Minnesota 34 Big La ke, Minnesota 15 Saint Michael, Minnesota 15 Hopkins , Minnesota 12 Saint Cloud, Minnesota 12 Bra inerd, Minnesota 11 Monticello, Minnesota 10 Top US Cities India 1 Other Countries Request loca tion is estimated ba sed on IP address and may vary in accuracy. 111 487487487 py g y g p p ,y y y y y © Copyright C atylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither the administrators of this site nor Catylist assume any liability for errors or om issions.