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    1143 12Th St Glencoe, MN 55336

    Sponsored
    For Sale
    $104,000

    13 Climate-Controlled Units, High Demand

    Property size:
    1,360 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents a 1,360 square foot commercial property located at 1143 12th Street Unit 8, Glencoe, MN. The property boasts thirteen climate-controlled storage units, ideal for a variety of uses. Ten to twelve-foot-high roll-up doors provide easy access, with one unit featuring a fourteen-foot-high door. Two units are currently finished to a high standard, while the remaining units offer a blank canvas for customization, with various finishing options available. Each unit offers a minimum of 1054 square feet of usable space, providing ample storage capacity. The property is managed under an association, with a monthly fee of $50 covering comprehensive insurance, exterior building maintenance, and groundskeeping. This ensures minimal ongoing operational costs for the owner. This low-maintenance investment is poised for strong returns, given the high demand for climate-controlled storage in the area. Professional photographs and a video tour will be available on April 22nd, providing a comprehensive view of this attractive property. Don't miss this chance to acquire a profitable and well-maintained storage facility in a thriving Minnesota community. The asking price is $104,000.

    Property Features for 1143 12Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,360 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
    -94.14706
    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 - 13 Climate-Controlled Units, High Demand
    Where is this commercial real estate located?
    The property is located at 1143 12Th St Glencoe, MN.
    What is the asking price?
    The asking price for this property is $104,000.
    (952) 226-7700
    Request Owner's contact information
    1143 12Th St Glencoe, MN 55336
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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
    1143 12Th St Glencoe, MN 55336
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