Heated Storage Warehouse
119-17885 Valley View Dr Jordan, MN 55352
For Sale
$300,000
Insulated, heated storage/garage units with an overhead door, 21-foot ceilings, and 3-phase power for indoor and fenced outdoor storage.
Property Size1,960 SF
Price / SF$153.06
Days on Market22
Property Features for 119-17885 Valley View Dr
General Information
- Standard status
- Active
- Size
- 1,960 SF
Listing Agency:
Edina Realty, Inc.
(612) 709-1555
Listed By:
Yvonne Perkins · License #731479
(612) 709-1555
Source:
Exprealty
Added: Jul 2
Changed: Jul 22
Last Checked: Jul 23 at 12:04PM
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 Edina Realty, Inc.
Investment Insights
Based on property information with market context.
This facility offers insulated and heated storage/garage condominium-style units for sale, along with fenced outside storage spaces. The principal building is 1,960 square feet (70' x 28') and is equipped with a 14' x 14' overhead door, approximately 21' ceiling height, LED lighting, 100-amp 3-phase power, a fan, hose bib, floor drain, overhead sprinklers, and a bathroom. Optional mezzanine configurations are available at 28' x 16' or 28' x 24' depending on unit layout needs.
The property also includes 2,470 square feet (95' x 26') of fenced outside storage available for purchase. It is zoned Industrial Zoning RBR Rural Business Reserve. Additional lot options are described as available through Valley View Industrial Development, with starting sizes noted from 2.97 acres up to 8.83 acres, subject to lot size adjustment. Access is described as available to Highway 169 via a planned Bluff Drive overpass or Jordan’s interchange, and Valley View Rd. is scheduled to be paved in fall 2026.
The property also includes 2,470 square feet (95' x 26') of fenced outside storage available for purchase. It is zoned Industrial Zoning RBR Rural Business Reserve. Additional lot options are described as available through Valley View Industrial Development, with starting sizes noted from 2.97 acres up to 8.83 acres, subject to lot size adjustment. Access is described as available to Highway 169 via a planned Bluff Drive overpass or Jordan’s interchange, and Valley View Rd. is scheduled to be paved in fall 2026.
Key Highlights
- 1,960 SF (70' x 28') insulated and heated storage/garage units for sale, plus 2,470 SF (95' x 26') fenced outside storage spaces available
- Industrial zoning: RBR (Rural Business Reserve)
- 14' x 14' overhead door and 21' ceiling height with LED lighting throughout
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 | $31.8k | $16.20 |
| − Vacancy | −$1.3k | −$0.68 |
| EGI | $30.4k | $15.52 |
| − OpEx | −$4.6k | −$2.33 |
| NOI | $25.9k | $13.19 |
1,960 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$369.4K
$323.2K – $430.9K
NOI $25,856 @ 7.0% cap · market cap 8.62%
Second Best
Self Storage
$273.4K
$239.2K – $319.0K
NOI $19,139 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$467.6K
$409.2K – $545.6K
NOI $32,733 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
FAQs
What type of property is this?
Self storage facility - Insulated, heated storage/garage units with an overhead door, 21-foot ceilings, and 3-phase power for indoor and fenced outdoor storage.
Where is this self storage facility located?
The property is located at 119-17885 Valley View Dr Jordan, MN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,960 SF (70' x 28') insulated and heated storage/garage units for sale, plus 2,470 SF (95' x 26') fenced outside storage spaces available; Industrial zoning: RBR (Rural Business Reserve); 14' x 14' overhead door and 21' ceiling height with LED lighting throughout
