Insulated Warehouse Unit with Overhead
10120 72nd St NE Otsego, MN 55301
For Sale
Contact for pricing
Insulated warehouse space with 18' clear height, 5-inch concrete floors with drains, and a 12' x 14' overhead door.
Property Size1,200 SF
Price / SF$236.58
Days on Market167
Property Features for 10120 72nd St NE
General Information
Standard status
Active
Size
1,200 SF
Property subtype
INDUSTRIAL
Listing Agency:
Commercial Realty Solutions LLC
(763) 244-0600
Listed By:
Sheila Zachman
(763) 244-0600
Source:
Moodyscre
Added: Feb 12
Changed: Jul 25
Last Checked: Jul 28 at 3:30PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Realty Solutions LLC
Investment Insights
Based on property information with market context.
This insulated warehouse unit features steel-lined, insulated interior walls and ceilings, along with 5-inch concrete floors with drains. Lighting includes LED fixtures, and the space is supported by a hanging natural gas heater. Electrical service is 100 amps with 3-phase power, and high-speed internet is available.
The facility offers an insulated 12' x 14' overhead door with windows and a jack-shaft heavy-duty opener, plus one steel entry door. Plumbing is stubbed for a bathroom. Exterior lighting and landscaping are included.
The association covers trash removal, lawn maintenance, and snow removal. City water and sewer are available, and the unit is stated to have PIDs and 2026 taxes reflected in the listing information.
The facility offers an insulated 12' x 14' overhead door with windows and a jack-shaft heavy-duty opener, plus one steel entry door. Plumbing is stubbed for a bathroom. Exterior lighting and landscaping are included.
The association covers trash removal, lawn maintenance, and snow removal. City water and sewer are available, and the unit is stated to have PIDs and 2026 taxes reflected in the listing information.
Key Highlights
- Insulated warehouse space with steel‑lined interior walls and ceilings
- 18' clear height with LED lighting and exterior lighting/landscaping
- 5‑inch concrete floors with drains for improved functionality
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 | $19.4k | $16.20 |
| − Vacancy | −$816 | −$0.68 |
| EGI | $18.6k | $15.52 |
| − OpEx | −$2.8k | −$2.33 |
| NOI | $15.8k | $13.19 |
1,200 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$226.1K
$197.9K – $263.8K
NOI $15,830 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$286.3K
$250.5K – $334.0K
NOI $20,041 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Warehouse - Insulated warehouse space with 18' clear height, 5-inch concrete floors with drains, and a 12' x 14' overhead door.
Where is this warehouse located?
The property is located at 10120 72nd St NE Otsego, MN.
What is the asking price?
The asking price for this property is $283,900.
What are key features of this property?
This property features: Insulated warehouse space with steel‑lined interior walls and ceilings; 18' clear height with LED lighting and exterior lighting/landscaping; 5‑inch concrete floors with drains for improved functionality
