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_________________________________________________________________________________________ <br /> <br />Page 21 of 26 <br />ANALYSIS OF COMMERCIAL AND INDUSTRIAL PARCELS AND BUILDINGS <br /> <br />Understanding the status and characteristics of a community’s commercial and industrial <br />properties can serve as an accurate approximation for the health of a community’s business <br />climate. The follow tables illustrate Arden Hills’ economic development health and vitality. <br />Land & Building Space Availability - Transitional Neighborhood/Business Zones <br /> NB B-1 Total <br />Number of Parcels 23 9 32 <br />Undeveloped Parcels 13 6 19 <br />Land Total (acres) 25.7 277.7 303.4 <br /> Vacant Acres 21.3 232.9 254.2 <br /> % Available for Development 82.9% 83.8% 83.8% <br /> Median Lot Size 1.0 3.4 1.2 <br /> Largest Lot 6.8 191.3 - <br /> - Property Address 1450 Highway 96 W 3900 Bethel Dr - <br /> - Property Owner City Of Arden Hills Bethel University - <br /> - Property Tenant(s) City Of Arden Hills Bethel University - <br /> Smallest Lot 0.03 1.3 - <br /> - Property Address 3820 Cleveland Ave N 3801 Bethel Dr - <br /> - Property Owner Mickelson Holdings Llc Bethel University - <br /> - Property Tenant(s) American Family Insurance Bethel University - <br />Building Total (sq.ft.) 47,462 242,985 290,447 <br /> Number of Vacant Buildings* 1 0 1.0 <br /> Median Building Size 2,464 48,062 7,200 <br /> Largest Building 8,908 146,862 - <br /> - Property Address 3610 Snelling Ave N 1700 Highway 96 W - <br /> - Property Owner Lindey S Inc North Heights Lutheran - <br /> - Property Tenant(s) Lindey’s Steak House North Heights Lutheran - <br /> Smallest Building 2,464 43,401 - <br /> - Property Address 3820 Cleveland Ave N 3801 Bethel Dr - <br /> - Property Owner Mickelson Holdings Llc Bethel University - <br /> - Property Tenant(s) Mickelson Rehabilitation Bethel University - <br />* The summation of properties listed for lease and for sale. <br />Sources: Ramsey County Assessor, LoopNet Real Estate Listings, WSB & Associates. <br /> <br />• The smallest lot in the NB district is part of a commercial condo. This condo consists of <br />eight (8) lots ranging from 0.03 to 1.11 acres. <br /> <br />• The transitional neighborhood/business zones have nineteen (19) undeveloped parcels, <br />252.4 acres of vacant land, and one (1) vacant building. The vacant B-1 land includes the <br />northwest corner of the North Heights Lutheran Church property, which would not have <br />its own access and contains wetlands. the vacant NB land includes the collection of small <br />parcels on the west side of Cleveland Avenue and south of County Road E2, which are <br />wooded, contains wetlands and is split by a creek. The vacant NB land has little <br />development opportunity. The majority of the vacant land in the B-1 district is a part of <br />the Bethel University Campus or Valentine Lake and therefore is not available for <br />development. <br />Dr <br />a <br />f <br />t <br /> <br />06 <br />\ <br />2 <br />1 <br />\ <br />2 <br />0 <br />1 <br />7