Concrete Block Garage and
TBD 13th Brainerd, MN 56401
TBD 13th, Brainerd, MN, 56401
$99,900
For Sale
$99,900
Land, Other - Brainerd, MN
Property Size1,200 SF
Lot Size0.16 Acres
Price / SF$83.25
Days on Market8
Property Features for TBD 13th
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.16 Acres
Building Details
- Architectural style
- Other
Listing Agency
NextHome Horizons
(218) 232-2994
13432 Elmwood Drive, Suite 5, MN
Listed by
Mike Swanson · License #40554823,PersonLicenseNumber
(218) 821-3302
Added: Jul 10 Checked: Jul 17 at 11:06 pm
MLS# 7107967
Listing URL
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property consists of a 30' x 40' concrete block garage/shop on a 50' x 140' city lot. The building is described as well-built with durable concrete block construction, a newer roof, and newer overhead garage doors.
The seller notes the space can support a range of practical uses such as vehicle storage, a workshop, business use, or hobby space, with room for equipment, boats, or recreational toys.
While no additional utilities, interior finish, or site details are provided in the materials, the improvements currently offered include the structure and the overhead garage-door access.
The seller notes the space can support a range of practical uses such as vehicle storage, a workshop, business use, or hobby space, with room for equipment, boats, or recreational toys.
While no additional utilities, interior finish, or site details are provided in the materials, the improvements currently offered include the structure and the overhead garage-door access.
Key Highlights
- Large 30' x 40' concrete block garage/shop
- Located on a 50' x 140' city lot
- Newer roof
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 | $10.5k | $8.71 |
| − Vacancy | −$408 | −$0.34 |
| EGI | $10.0k | $8.37 |
| − OpEx | −$1.5k | −$1.26 |
| NOI | $8.5k | $7.11 |
1,200 SF · lease $8.71/SF/yr · vacancy 3.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$122.0K
$106.7K – $142.3K
NOI $8,538 @ 7.0% cap · market cap 8.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$254.8K
$222.9K – $297.2K
NOI $17,833 @ 7.0% cap · market cap 17.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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- Mr. & Mrs. Tweeks Storage Palace — 908 se 15th st, brainerd, mn 56401
FAQs
What type of property is this?
Warehouse - A 30' x 40' concrete block garage on a 50' x 140' city lot with newer roof and overhead doors.
Where is this warehouse located?
The property is located at TBD 13th Brainerd, MN.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Large 30' x 40' concrete block garage/shop; Located on a 50' x 140' city lot; Newer roof
