9781 NE 71st Street, Otsego, MN 55301
- Added:
- May 11, 2026
- Days on Market:
- 48
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 9781 NE 71st Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Industrial
- Parking features
- Driveway, Garage, Heated, Other, Parking Lot, Paved or Surfaced
- Exterior features
- Brick/Stone, Metal
- Standard status
- Active
- APN
- 118238001020
- Lot size
- 3.49 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2224
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 2026
- Roof type
- Metal
- Architectural style
- Other
Listing agent Dustin Heggem (763) 633-3535
Listing office Acuity Group 564 Dodge Ave. Ste. A, Elk River, MN (763) 633-3535
Listing date May 11, 2026
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.
HighLights
- New construction garage suites in I‑94 West Industrial Park.
- Direct freeway visibility and convenient access to I‑94.
- High ceilings (18’) and large overhead door (12’x14’).
- Flexible space with optional mezzanine (16’) addition.
- Essential utilities included: natural gas heat, 100‑amp service, roughed‑in 3/4‑bathroom.
- Durable construction: 5” concrete floor with drain, metal roof, and attractive brick/stone and metal exterior.
Overview
The property is located in Otsego, MN within the I-94 West Industrial Park, with direct freeway visibility. The complex is listed as less than 2 miles from the Albertville Interstate 94 on/off ramp, supporting convenient access for inbound deliveries and customer or contractor traffic.
These suites are well suited for tenants looking for compact, functional industrial space with clear grade-level access, strong ceiling height, and support infrastructure such as floor drainage and utility hookups. The roughed-in bathroom and optional mezzanine also offer flexibility for light manufacturing, service and repair, or warehouse operations that benefit from finished support space alongside overhead door functionality.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.2k | $16.20 |
| − Vacancy | −$1.1k | −$0.68 |
| EGI | $26.1k | $15.52 |
| − OpEx | −$3.9k | −$2.33 |
| NOI | $22.2k | $13.19 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Otsego
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.688023
- Latitude
- 45.253241
