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    Savage Warehouse with Outdoor Storage Title is generated by Realmo AI

    7583 Hwy 13 W, Savage, MN

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    6,400 SF warehouse with fenced outdoor storage on 0.87 acres.

    Type:INDUSTRIAL
    Property size:
    6,400 SF
    Lot size:
    0.87 Acres
    Price / SF:
    $153/SF
    Added:
    Apr 24, 2025
    Days on Market:
    418
    Last Refresh:
    May 19 at 9:42 pm

    Property Features for 7583 Hwy 13 W

    General Information

    Standard status
    Active
    Size
    6,400 SF
    Lot size
    0.87 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Mike Hartman
    Mike Hartman

    Listing agent Mike Hartman

    Listing office Twin Realty, LLC

    Listing date Apr 24, 2025

    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 Twin Realty, LLC

    HighLights

    • Repaved parking lot in 2024
    • 0.87 acre lot with 0.25 acres of fenced outdoor storage
    • 6,400 total square feet (5,740 SF warehouse)
    • C2‑General Commercial District zoning
    • Two on‑grade drive‑in doors
    • 24 dedicated parking stalls

    Overview

    This property features a 6,400-square-foot building constructed in 1983, comprising 660 square feet of office space and 5,740 square feet of warehouse space, including two single-stall bathrooms. The property is situated on a total of 0.87 acres, with 0.25 acres dedicated to fenced-in outdoor storage. Zoned C2-General Commercial District, the property provides 24 dedicated parking stalls on the north side. Loading is facilitated by two on-grade drive-in doors, one measuring 14 feet high by 12 feet wide and the other 12 feet high by 12 feet wide. The warehouse has varying ceiling heights, with 50% of the building offering a 10-foot clear height on the west side and the remaining 50% providing a 16-foot clear height on the east side. It is equipped with 3-phase, 208v, 200 amp power, trench drainage, and a flame trap. The parking lot was repaved in 2024.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $103.7k $16.20
    − Vacancy −$4.4k −$0.68
    EGI $99.3k $15.52
    − OpEx −$14.9k −$2.33
    NOI $84.4k $13.19
    6,400 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.21M
    $1.06M – $1.41M (±1% cap)
    NOI $84,427 @ 7.0% cap · market cap 8.57%
    Second Best
    Industrial
    $993.3K
    $869.1K – $1.16M (±1% cap)
    NOI $69,528 @ 7.0% cap · market cap 7.06%
    Theoretical Best
    Office A
    $1.53M
    $1.34M – $1.78M (±1% cap)
    NOI $106,883 @ 7.0% cap · market cap 10.85%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Hotel & Motel Auto Repair Shop Gym & Fitness Center Auto Parts Store Skin Care Clinic

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

    Similar Places Nearby

    • Public Storage — 7801 128th St W, Savage, MN 55378
    • Tuff Shed Minneapolis — 8841 County Rd 101, Savage, MN 55378
    • WOW Logistics Savage DC / Agropur — 6633 State Hwy 13, Savage, MN 55378

    Location Insight

    • Map
    • Local Demand
    City
    Savage
    County
    Scott
    State
    Minnesota
    Longitude
    -93.3749
    Latitude
    44.7781

    FAQs

    What type of property is this?
    Warehouse - 6,400 SF warehouse with fenced outdoor storage on 0.87 acres.
    Where is this warehouse located?
    The property is located at 7583 Hwy 13 W Savage, MN.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: Repaved parking lot in 2024; 0.87 acre lot with 0.25 acres of fenced outdoor storage; 6,400 total square feet (5,740 SF warehouse)
    (612) 508-6019 Call to check price and availability
    More about this property
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