Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    49240 State Highway 28 Morris, MN 56267

    For Sale
    $845,000

    Commercial - Morris, MN

    Lot size:
    4.65 Acres
    Days on Market:
    192
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 49240 State Highway 28

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Industrial
    APN
    TBD
    Parking features
    Garage
    Exterior features
    Metal
    Lot size
    4.65 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1970
    Flooring type
    Concrete
    Roof type
    Metal
    Architectural style
    Other

    Counselor Realty Inc of Alexandria (320) 762-1111 [email protected]

    Listing agent Debra D Powell (320) 762-1111

    Listing date May 29, 2025

    MLS# 6727726 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Building Commercial Site in Morris

    This multi-building commercial site offers a blend of location, space, and flexibility suitable for owner-users, investors, or redevelopment. Located in Morris, MN, the 4.65-acre site includes seven buildings. One building is a 50' x 120' shop. Another is an office/warehouse building featuring approximately 1/2 office and 1/2 warehouse. There is also a 36' x 20' garage. The property includes four storage units, one measuring 40' x 85' and three units measuring 40' x 100', with storage spaces in various sizes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Building Supply Wholesale Shop Gym & Fitness Auto Parts Store Car Rental Veterinary Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morris
    County
    Stevens
    State
    Minnesota
    Longitude
    -95.93734422
    Latitude
    45.57472077

    Nearby Similar for Sale

    • $3,095,000

      Turnkey Hotel with Development Potential

      92-key hotel with amenities, recent updates, and development potential.
      200 Mn-28, Morris, MN 56267
      View Details
    • $4,400,000
      6 SF

      88-Unit Multifamily Community in Morris

      Well-maintained apartment complex near University of Minnesota-Morris.
      151 Sunnyslope Rd, Morris, MN 56267
      View Details
    • $215,000
      4,786 SF

      Highway 28 Commercial Building

      Morris Retail Space - High Visibility
      8 Highway 28, Morris, MN 56267
      View Details
    • $3,995,000
      67,000 SF

      200 Mn-28

      Hotels • 67,000 SF
      200 Mn-28, Morris, MN 56267
      View Details

    FAQs

    What type of property is this?
    Industrial property - Commercial site with multiple buildings on 4.65 acres in Morris.
    Where is this industrial property located?
    The property is located at 49240 State Highway 28 Morris, MN.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: - Prime Morris location on 4.65 acres.; - Multi-building commercial site offering flexibility for owner-users, investors, or redevelopment.; - Includes a **50' x 120' shop**.
    (320) 762-1111
    Request Owner's contact information
    49240 State Highway 28 Morris, MN 56267
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    49240 State Highway 28
    Morris, MN 56267
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    49240 State Highway 28 Morris, MN 56267
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.