Industrial Property with Existing
Squirrels Nest Rd Kasota, MN
For Sale
Contact for pricing
Functional industrial property with customer base and manufacturing equipment.
Property Size5,456 SF
Lot Size2.59 Acres
Price / SF$210.78
Days on Market1338
Property Features for Squirrels Nest Rd
General Information
Standard status
Active
Size
5,456 SF
Lot size
2.59 Acres
Property subtype
RETAIL
Listing Agency:
KW Commercial Midwest - Eagan
(507) 317-2353
Listed By:
James Halbur · License #40144147
(507) 317-2353
Source:
Moodyscre
Added: Nov 30, 2022
Changed: Jul 10
Last Checked: Jul 21 at 5:54AM
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 KW Commercial Midwest - Eagan
Investment Insights
Based on property information with market context.
This industrial property features a functional building suitable for manufacturing and customer access. The property includes a customer list and website. Forklifts and tools are in place, along with a substantial inventory of hickory, maple, and black walnut. Equipment includes a 60" wood saw, CNC machine, and hot room. The real estate is zoned industrial, making it suitable for this type of business. There is ample outdoor space. The buildings are configured for year-round production. The property includes an office, showroom, drying kiln, and shop.
Key Highlights
- Established business with a large customer list and website included.
- Zoned industrial, ideal for current use with potential for expansion or property resale.
- Functional building equipped for year‑round production, including office, showroom, drying kiln, and shop.
Financial Insights For Retail
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 | $103.4k | $18.96 |
| − Vacancy | −$7.4k | −$1.37 |
| EGI | $96.0k | $17.59 |
| − OpEx | −$28.8k | −$5.28 |
| NOI | $67.2k | $12.32 |
5,456 SF · lease $18.96/SF/yr · vacancy 7.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$960.0K
$840.0K – $1.12M
NOI $67,198 @ 7.0% cap · market cap 5.84%
Second Best
Industrial
$846.7K
$740.9K – $987.9K
NOI $59,272 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,118 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Manufacturing property - Functional industrial property with customer base and manufacturing equipment.
Where is this manufacturing property located?
The property is located at Squirrels Nest Rd Kasota, MN.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Established business with a large customer list and website included.; Zoned industrial, ideal for current use with potential for expansion or property resale.; Functional building equipped for year‑round production, including office, showroom, drying kiln, and shop.
