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    604 S Old Highway 18 Princeton, MN 55371

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    For Sale
    $900,000

    28,000 SF warehouse and shop buildings on 4.39 acres.

    Property size:
    28,000 SF
    Lot size:
    4.38 Acres

    Property Features for 604 S Old Highway 18

    General Information

    Size
    28,000 SF
    Lot size
    4.38 Acres

    Source: TaTonka Real Estate Advisors Agent Tim Stewart

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Princeton Warehouse and Shop Buildings

    The property includes a main building of approximately 24,000 square feet and a shop building of 4,000 square feet, totaling approximately 28,000 square feet. The gross land area encompasses 191,228 square feet, which is equivalent to 4.39 acres. The main building features 12 drive-in doors, while the shop building has 2 drive-in doors. The proposed property taxes for 2025 are $14,126.00, which calculates to approximately $0.5045 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Palmer Bus Service ... School Bus Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Princeton Mini Storage

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Mille Lacs
    State
    Minnesota
    Longitude
    -93.590392
    Latitude
    45.562404

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    FAQs

    What type of property is this?
    Warehouse - 28,000 SF warehouse and shop buildings on 4.39 acres.
    Where is this warehouse located?
    The property is located at 604 S Old Highway 18 Princeton, MN.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Substantial total area: approximately 28,000 SF across two buildings.; - Large land parcel: 4.39 acres (191,228 SF) of gross land area.; - Main building size: 24,000 SF main building.
    (612) 466-7304
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    Princeton, MN 55371
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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
    604 S Old Highway 18 Princeton, MN 55371
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