Flexible Warehouse with Overhead
12-15770 Dellwood Drive Brainerd, MN 56401
12-15770 Dellwood Drive, Brainerd, MN, 56401
$124,900
For Sale
$124,900
28-by-40 unit features a 12-by-12 overhead door, service door, insulated interior, and mezzanine storage.
Property Size1,120 SF
Price / SF$111.52
Days on Market11
Property Features for 12-15770 Dellwood Drive
General Information
- Standard status
- Active
- Size
- 1,120 SF
Listing agency
Weichert REALTORS Tower Proper
(218) 851-4392
Listed by
Timothy Bosch
(218) 851-4392
Source
Exprealty
Added: Jul 13 Updated: Jul 22 at 8:29PM Checked: Jul 22 at 8:29PM
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 Weichert REALTORS Tower Proper
Investment Insights
Based on property information with market context.
This flexible warehouse unit measures 28 by 40 and includes both a 12 by 12 overhead door and a separate service door. The space is set up with insulated walls and ceiling and OSB installed on the walls and ceiling. Additional improvements include a heated interior, a garage door opener, an on-demand water heater serving a half bath, and a mezzanine above for extra storage.
The unit is located on the edge of Baxter, providing convenient access to the surrounding Brainerd area.
Internally, it offers practical storage configuration with dedicated storage space and a mezzanine level, making it well-suited for businesses that need warehouse space or for straightforward storage use.
The unit is located on the edge of Baxter, providing convenient access to the surrounding Brainerd area.
Internally, it offers practical storage configuration with dedicated storage space and a mezzanine level, making it well-suited for businesses that need warehouse space or for straightforward storage use.
Key Highlights
- 28‑by‑40 storage unit with a 12‑by‑12 overhead door plus a separate service door
- Insulated walls and ceiling with OSB installed on both walls and ceiling
- Heated unit with a half bath and an on‑demand water heater
Local Financial Insights For Flex RnD
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 | $16.8k | $15.00 |
| − Vacancy | −$974 | −$0.87 |
| EGI | $15.8k | $14.13 |
| − OpEx | −$5.5k | −$4.95 |
| NOI | $10.3k | $9.18 |
1,120 SF · lease $15.00/SF/yr · vacancy 5.80% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$147.0K
$128.6K – $171.5K
NOI $10,287 @ 7.0% cap · market cap 8.24%
Second Best
Warehouse
$113.8K
$99.6K – $132.8K
NOI $7,969 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$237.8K
$208.1K – $277.4K
NOI $16,644 @ 7.0% cap · market cap 13.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - 28-by-40 unit features a 12-by-12 overhead door, service door, insulated interior, and mezzanine storage.
Where is this flex space located?
The property is located at 12-15770 Dellwood Drive Brainerd, MN.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: 28‑by‑40 storage unit with a 12‑by‑12 overhead door plus a separate service door; Insulated walls and ceiling with OSB installed on both walls and ceiling; Heated unit with a half bath and an on‑demand water heater
