Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12th Ave E Sartell, MN

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial flex building with highway access in Sartell, Minnesota.

    Type:FLEX_R_AND_D
    Property size:
    59,078 SF
    Lot size:
    6.44 Acres
    Added:
    Dec 16, 2020
    Days on Market:
    1963
    Last Refresh:
    Apr 5 at 8:12 pm

    Property Features for 12th Ave E

    General Information

    Standard status
    Active
    Size
    59,078 SF
    Lot size
    6.44 Acres
    Property subtype
    FLEX_R_AND_D

    Spaces For Lease

    at 12th Ave E Contact us

    We can help!

    Listing Contact
    Jacob Cleveland
    Jacob Cleveland

    Listing agent Jacob Cleveland License #40793812

    Listing office Inventure Real Estate

    Listing date Dec 16, 2020

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Inventure Real Estate

    Overview

    Sartell Industrial Flex Building

    The Sartell Industrial Flex Building offers an opportunity to lease space in Sartell, Minnesota. The site benefits from visibility with 7,900 vehicles per day via County Road 29 and close access to HWY 15 & HWY 10, which has a traffic count 31,000 vehicles per day. The building features a minimum clear height of 20 feet. For each 15,000 square feet, there are 2 dock doors and 1 drive-up bay. The landlord will provide an allowance for one bathroom and a grey shell space, including a 5-inch concrete floor, 1 RTU, and 1 gas unit heater. Each 15,000 square feet of space includes 200 amp electrical service, with the ability to upgrade to 800 amps as part of Tenant Improvements. Tenant Improvements Allowance is negotiable. Tenants have the ability to add a mezzanine in the office space. The property size is 59,078 square feet.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Sartell
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.2078
    Latitude
    45.6371

    Nearby Similar for Lease

    • Contact for pricing

      Sartell Retail and Restaurant Space

      Prime retail/restaurant opportunity in Sartell, flexible square footage available.
      1733 Pine Cone Road S, Sartell, MN 56377
      View Details
    • $13 SF/Yr

      Sartell Office Space Available

      Main floor office space for lease in Sartell, Minnesota.
      2330 Troop Dr, Sartell, MN 56377
      View Details
    • $400/Mo

      Professional Office Space in Sartell

      Professional office space with easy access to Highway 15.
      2107 Troop Drive, Sartell, MN 56377
      View Details
    • $500/Mo

      Sartell Office Space for Lease

      Individual offices available in Sartell, utilities and internet included.
      2131 Troop Dr, Sartell, MN 56377
      View Details
    • $12 SF/Yr

      Riverside Ave Office Space Available

      Professional office suites with Mississippi River views for rent.
      10 Riverside Ave S, Sartell, MN
      View Details
    • Contact for pricing

      Sartell Commercial Space For Lease

      Well-maintained commercial space with desirable features in Sartell, MN.
      300 14th Ave E, Sartell, MN
      View Details
    • Contact for pricing

      Sartell Medical Center For Sale

      Three-story medical center with clinic, pharmacy, and office suites.
      2251 Connecticut Ave S, Sartell, MN
      View Details
    • Contact for pricing

      Sartell Office Space Available

      Office suites available in a rapidly developing Sartell corridor.
      2351 Connecticut Ave S, Sartell, MN
      View Details
    • $15 SF/Yr

      Sartell Office Space For Lease

      Well-maintained office space in a growing community, flexible floor plan.
      1101 2nd St S, Sartell, MN
      View Details
    • $18 SF/Yr

      Retail and Restaurant Opportunity

      Prime retail and restaurant spaces available for lease in Sartell.
      1733 Pine Cone Road South, Sartell, MN
      View Details
    • Contact for pricing

      Prime Retail and Restaurant Opportunity

      Retail and restaurant space for rent in Sartell, Minnesota.
      1733 Pine Cone Rd S, Sartell, MN 56377
      View Details
    • Contact for pricing

      Retail Spaces Available in Sartell

      Retail and restaurant spaces available in a developing commercial area.
      Hwy 15 & Riverside Ave, Sartell, MN
      View Details

    FAQs

    What type of property is this?
    Flex space - Industrial flex building with highway access in Sartell, Minnesota.
    Where is this flex space located?
    The property is located at 12th Ave E Sartell, MN.
    What are key features of this property?
    This property features: Excellent visibility with 7,900 vehicles per day on County Road 29.; Close access to HWY 15 & HWY 10, with a high traffic count of 31,000 vehicles per day.; Benefit from a **20' minimum clear height.**
    (320) 291-8625 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jacob Cleveland
    Jacob Cleveland
    Real Estate License ID: 40793812
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    12th Ave E, Sartell, MN

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!