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    940 Mckinley Pkwy Delano, MN 55328

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    For Sale
    Contact for pricing

    1,120 SF Commercial Unit, Flexible Lease Options

    Property size:
    1,120 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 1,120 square foot commercial unit in Delano, Minnesota, presents a unique opportunity. Located at 940 McKinley Parkway, this property offers a flexible lease arrangement: a five-year lease or a two-year lease with an option to purchase via contract for deed. The current asking price is $2,000 per month, plus common area maintenance (CAM), utilities, and other associated expenses. The space is currently adaptable and ready for customization to suit a variety of business needs, including office/warehouse, workshop, or showroom configurations. Upgrades will likely increase rental value. Expansion is possible

    Property Features for 940 Mckinley Pkwy

    General Information

    Property type
    Investment properties
    Square Feet
    1,120 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    2023
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Realty agency Auto Parts Store Bakery Pet Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Delano
    County
    Wright
    State
    Minnesota
    Longitude
    -93.8115
    Latitude
    45.0521

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    FAQs

    What type of property is this?
    Investment property - 1,120 SF Commercial Unit, Flexible Lease Options
    Where is this investment property located?
    The property is located at 940 Mckinley Pkwy Delano, MN.
    What is the asking price?
    The asking price for this property is $2,000.
    (320) 500-4397
    Request Owner's contact information
    940 Mckinley Pkwy Delano, MN 55328
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    Delano, MN 55328
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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
    940 Mckinley Pkwy Delano, MN 55328
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