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    1209 12Th St Glencoe, MN 55336

    Sponsored
    For Sale
    $114,500

    Thirteen climate-controlled units, high demand!

    Property size:
    1,332 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional investment opportunity presents thirteen climate-controlled storage units located at 1209 12th Street Unit 13, Glencoe, MN. The property boasts a total of 1,332 square feet, offering a range of unit sizes. Ten to twelve-foot-high roll-up doors are standard, with one unit featuring a taller 14-foot door, enhancing accessibility for larger items. Two units are currently finished to a high standard, while the remaining units offer a blank canvas for customization. Buyers can choose from a variety of finishing options to tailor the space to their specific needs and target market. The property benefits from a strong monthly association fee of $50, which comprehensively covers building insurance, liability protection, exterior building maintenance, and groundskeeping. This ensures minimal ongoing expenses for the owner. This proactive approach to maintenance protects the investment and minimizes future capital expenditures. High-quality professional photographs and a comprehensive video tour will be available starting April 22nd, providing a detailed virtual walkthrough of the property. This is a must-see investment opportunity for anyone seeking a profitable venture in the self-storage market. The property's location in Glencoe, MN, offers excellent access to local businesses and residents, ensuring high occupancy rates. Don't miss this chance to acquire a well-maintained and income-generating asset.

    Property Features for 1209 12Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,332 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Glencoe
    County
    McLeod
    State
    Minnesota
    Longitude
    -94.14612
    Latitude
    44.77117

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Thirteen climate-controlled units, high demand!
    Where is this commercial real estate located?
    The property is located at 1209 12Th St Glencoe, MN.
    What is the asking price?
    The asking price for this property is $114,500.
    (952) 226-7700
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    Glencoe, MN 55336
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    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
    1209 12Th St Glencoe, MN 55336
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