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    1131 12Th St Glencoe, MN 55336

    Sponsored
    For Sale
    $93,500

    High-return storage units, excellent potential.

    Property size:
    1,054 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents thirteen climate-controlled storage units totaling 1,054 square feet within a Glencoe, MN building located at 1131 12th Street, Unit 5. The property features ten to twelve-foot-high roll-up doors, with one unit boasting a fourteen-foot-high door, providing ample access for various storage needs. Two units are currently finished to a high standard, while the remaining units offer a blank canvas for customization, with various finishing options available. The property's versatile design caters to a wide range of storage requirements. An attractive aspect of this investment is the existing $50 monthly association fee, which comprehensively covers building insurance, liability, exterior maintenance, and groundskeeping. This ensures minimal ongoing operational expenses for the owner. High-quality professional photographs and a comprehensive video tour will be available starting April 22nd, offering a detailed visual representation of the property's condition and potential. This is a must-see property for discerning investors seeking a profitable venture in the thriving Glencoe market. The property is offered at $93,500. Don't miss this chance to acquire a well-maintained, income-generating asset with significant upside potential.

    Property Features for 1131 12Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,054 SF

    Building Details

    Year Built
    2024
    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
    -94.1615
    Latitude
    44.77087

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    FAQs

    What type of property is this?
    Commercial real estate - High-return storage units, excellent potential.
    Where is this commercial real estate located?
    The property is located at 1131 12Th St Glencoe, MN.
    What is the asking price?
    The asking price for this property is $93,500.
    (952) 226-7700
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    1131 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
    1131 12Th St Glencoe, MN 55336
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