Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    945 Industrial Drive S Sauk Rapids, MN 56379

    View on Map
    For Sale
    $1,800,000

    Commercial - Sauk Rapids, MN

    Property size:
    25,000 SF
    Lot size:
    1.50 Acres
    Added:
    Mar 26, 2025
    Days on Market:
    372
    Last Refresh:
    Apr 1 at 9:06 am

    Property Features for 945 Industrial Drive S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Business/Commercial,Industrial
    Parking features
    Parking Lot
    Exterior features
    Other
    Standard status
    Active
    APN
    190312000
    Size
    25,000 SF
    Lot size
    1.50 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    35794

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1996
    Flooring type
    Concrete
    Building materials
    Concrete
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Lynne F. Crandall
    Lynne F. Crandall

    Listing agent Lynne F. Crandall

    Listing office Premier Real Estate Services 550 25th Avenue North, St. Cloud, MN

    Listing date Mar 26, 2025

    MLS# 6692415 Listing URL

    Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sauk Rapids Manufacturing/Warehouse Building

    This manufacturing, warehouse, and industrial building offers 25,000 square feet of space. The main floor comprises 13,600 square feet, with a 1,800-square-foot mezzanine and 9,600 square feet of office space on the main floor. Constructed with precast concrete, the building features a clear span design, in-floor heating with forced air backup, and central air conditioning. The clear ceiling height is 16 feet 8 inches. Heavy power is available. The property includes three docks and 32 parking spots. Additional features include in-ground sprinklers, exhaust fans, compressed air lines, and water and electric lines throughout the building. Originally built in 1996 with an addition in 2000, the building maintains a clear span throughout. The property is situated on 1.497 acres and offers easy access to Highway 10 and Highway 15. The building's zoning is Business/Commercial and Industrial.
    Location Intelligence

    Current Use by Public Records

    National Caseworks General Contractor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Sauk Rapids
    County
    Benton
    State
    Minnesota
    Longitude
    -94.151575
    Latitude
    45.582743

    Nearby Similar for Sale

    • $1,495,000

      Versatile Office-Industrial Property For Sale

      Office-industrial property with high-end finishes, functional workspace, and expansion potential.
      5114 Marson Drive, Minden Twp, MN 56379
      View Details
    • $349,900

      Updated Multifamily Investment Property

      Six-unit property with recent updates and long-term tenant appeal.
      11 3rd Avenue S, Sauk Rapids, MN 56379
      View Details
    • $3,300

      Minden Twp Commercial Flex Space

      Multi-purpose building with highway visibility and ample parking available for lease.
      5150 Marson Drive, Minden Twp, MN 56379
      View Details
    • Contact for pricing
      80,594 SF

      Sauk Rapids Industrial Facility

      80,000+ SF industrial facility in Sauk Rapids, Minnesota.
      Industrial Blvd 360, Sauk Rapids, MN
      View Details
    • $268,650
      1,800 SF

      New Garage Condos For Sale

      Newly constructed garage condos with large clubhouse and in-floor heat.
      1400 19th St NE, Sauk Rapids, MN 56379
      View Details
    • $2,500,000
      30,000 SF

      Finished Shop & Office Building

      Turn-key shop and office space with ample storage and parking.
      6225 Lark Rd NW, Sauk Rapids, MN
      View Details
    • $12,750,000
      67,200 SF

      Sauk Rapids Specialty Property

      67,200 SF specialty property available for sale in Sauk Rapids.
      1100 Stearns Dr, Sauk Rapids, MN
      View Details
    • $12,750,000
      256,942 SF

      Sauk Rapids Industrial Building

      256,942 SF industrial building on 24.60 acres for sale.
      1100 Stearns Dr, Sauk Rapids, MN 56379
      View Details
    • Contact for pricing
      600 SF

      Retail Space in Sauk Rapids

      Retail property for sale in Sauk Rapids, Minnesota.
      18th St NW, Sauk Rapids, MN
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - 25,000 SF manufacturing/warehouse with easy highway access.
    Where is this manufacturing property located?
    The property is located at 945 Industrial Drive S Sauk Rapids, MN.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: 25,000 sq ft Manufacturing/Warehouse/Industrial building; Precast concrete clear span construction; Easy access to Hwy 10 and Hwy 15
    (320) 259-4554
    We can help!
    Listing Contact
    Lynne F. Crandall
    Lynne F. Crandall
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!