Building Details

Construction steel

Listing Agency: eXp Realty m***@exprealty.net Show Phone

Listed By: Chad Bryniarski Show Phone

Source: Exprealty

Added: Jul 16 Changed: Oct 25 Last Checked: Oct 24 at 9:21PM

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Investment Insights

Based on property information with market context.

This flex property contains 22,480 square feet across multiple buildings. A steel structure measures 80 by 120 feet and offers approximately 9,600 square feet of open space. A separate shop provides approximately 6,880 square feet of heated area. The site also includes a fenced outdoor area and an additional lot with potential for a home.

The property fronts Highway 10 and has highway access. Built in 1986, it is zoned Business/Commercial.

Key Highlights

• 22,480 square feet of building space
• Steel building measures 80 by 120 feet, with approximately 9,600 square feet of open area
• Separate shop offers approximately 6,880 square feet of heated space

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Building Supply Storage Facility Garden Center (Bike/Boat/Book/etc) Store Daycare Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Fenced yard

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

16

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 56481, MN

1,972

Population

1,072

Households

1.8

Avg Household Size

41

Median Age

16%

College-Educated

93%

High-School Grad

141.1 sq mi

ZIP Area

14

Density / Sq Mi

$69,688

Median Household Income

$39,205

Median Earnings

$585

Median Rent

$165,600

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Frequently Asked Questions

What type of property is this?

Flex space - Business/commercial zoning and Highway 10 frontage support a range of potential commercial operations.

Where is this flex space located?

The property is located at 11 Eastside Dr Verndale, MN.

What is the asking price?

The asking price for this property is $499,000.

What are key features of this property?

This property features: 22,480 square feet of building space; Steel building measures 80 by 120 feet, with approximately 9,600 square feet of open area; Separate shop offers approximately 6,880 square feet of heated space