General Industrial Warehouse with
For Sale
Contact for pricing
13025 Fenway Blvd N, Hugo, MN 55038
Industrial warehouse with 20-foot clear height, a large drive-in door, sprinkler system, and in-floor heat.
Property Size3,937 SF
Price / SF$215.90
Days on Market103
Property Features for 13025 Fenway Blvd N
General Information
Standard status
Active
Size
3,937 SF
Property subtype
INDUSTRIAL
Zoning
I-3
Warehouse & Industrial
Clear Height
20 ft
Drive-In Doors
1
Sprinkler System
Yes
Additional Details
Fenced Yard
Yes
Listing Agency:
Titus Commercial Real Estate
(612) 750-4312
Listed By:
Mike A Brass · License #40630577
(612) 750-4312
Source:
Moodyscre
Added: Apr 20
Changed: Jul 27
Last Checked: Jul 30 at 11:33AM
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 Titus Commercial Real Estate
Investment Insights
Based on property information with market context.
This general industrial warehouse offers 20’ clear height and a large 16’W x 14’H drive-in door for straightforward loading and access. The space includes a mezzanine, in-floor heat, LED lighting, and large windows to support day-to-day operations. The building is sprinklered, with drains featuring a flammable waste trap, and provides 200 amp | 120/208 volt power.
The property is located at 13025 Fenway Blvd N in Hugo, MN 55038. A fence between each building encloses a middle area, providing separation within the fenced layout.
Zoned I-3 General Industrial, the warehouse is well-suited for general industrial uses under the current zoning classification.
The property is located at 13025 Fenway Blvd N in Hugo, MN 55038. A fence between each building encloses a middle area, providing separation within the fenced layout.
Zoned I-3 General Industrial, the warehouse is well-suited for general industrial uses under the current zoning classification.
Key Highlights
- 20’ clear height warehouse with large windows
- Large 16’W x 14’H drive‑in door
- Sprinklered with in‑floor heat
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 | $63.8k | $16.20 |
| − Vacancy | −$2.7k | −$0.68 |
| EGI | $61.1k | $15.52 |
| − OpEx | −$9.2k | −$2.33 |
| NOI | $51.9k | $13.19 |
3,937 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$741.9K
$649.2K – $865.6K
NOI $51,936 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$956.9K – $1.28M
NOI $76,550 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
20 ft
Clear height
1
Drive-in doors
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 55038, MN
23,735
Population
9,355
Households
2.5
Avg Household Size
39
Median Age
49%
College-Educated
98%
High-School Grad
50.5 sq mi
ZIP Area
470
Density / Sq Mi
$127,194
Median Household Income
$67,946
Median Earnings
$1,844
Median Rent
$408,000
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 13465 Fenway Blvd Cir N, Hugo, MN 55038
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse with 20-foot clear height, a large drive-in door, sprinkler system, and in-floor heat.
Where is this warehouse located?
The property is located at 13025 Fenway Blvd N Hugo, MN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 20’ clear height warehouse with large windows; Large 16’W x 14’H drive‑in door; Sprinklered with in‑floor heat
