Insulated Warehouse with Overhead
10160 72nd St NE Otsego, MN 55301
For Sale
Contact for pricing
Insulated warehouse with 18-foot clear height, 5-inch drained concrete floors, and an insulated overhead door.
Property Size1,200 SF
Price / SF$236.58
Days on Market167
Property Features for 10160 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 26
Last Checked: Jul 28 at 12:16PM
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 features steel-lined interior walls and ceilings, along with 5-inch concrete floors with drains. The space is supported by 100 amp electrical service with three-phase power, LED lighting, and a hanging natural gas heater. An insulated 12' x 14' overhead door with windows and a jack-shaft heavy duty opener provides access, along with a steel entry door. Plumbing is stubbed for a bathroom, and exterior lighting along with landscaping are included. High-speed internet is also available.
City water and sewer are provided. The property is maintained through an association that includes trash removal, lawn maintenance, and snow removal.
With an 18' clear height and a compact warehouse footprint, the building is well suited for light storage or small work operations that benefit from insulated interior construction and functional floor drainage.
City water and sewer are provided. The property is maintained through an association that includes trash removal, lawn maintenance, and snow removal.
With an 18' clear height and a compact warehouse footprint, the building is well suited for light storage or small work operations that benefit from insulated interior construction and functional floor drainage.
Key Highlights
- 18' clear height insulated warehouse with steel‑lined interior walls and ceilings
- 5‑inch concrete floors with drains
- 12' x 14' insulated overhead door with windows and jack‑shaft heavy‑duty opener
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 with 18-foot clear height, 5-inch drained concrete floors, and an insulated overhead door.
Where is this warehouse located?
The property is located at 10160 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: 18' clear height insulated warehouse with steel‑lined interior walls and ceilings; 5‑inch concrete floors with drains; 12' x 14' insulated overhead door with windows and jack‑shaft heavy‑duty opener
