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Drive-Up Self-Storage Facility
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15901 85TH ST NE, Otsego, MN 55330

Gated, camera-monitored storage property with drive-up access, paved circulation, and phased improvements.

Property Size54,670 SF
Lot Size5.48 Acres
Price / SF$95.12
Days on Market11

Property Features for 15901 85TH ST NE

General Information

Standard status Active
Size 54,670 SF
Lot size 5.48 Acres
Property subtype Self Storage

Site & Location

Highway Access Yes
Fenced Yard Yes

Warehouse & Industrial

Warehouse Space 54,670 SF
Self-Storage Units 335

Building Details

Year Built 2004
Listing Agency: Argus Self Storage Advisors
Listed By: Tom Flannigan · License #40347633
Source: Crexi
Added: Aug 31 Changed: Sep 9 Last Checked: Sep 9 at 4:18PM

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 Argus Self Storage Advisors

Investment Insights

Based on property information with market context.

This self-storage facility contains 54,670 net rentable square feet across 335 units on 5.48 acres. Development occurred in phases in 2004, 2017, and 2019. The property provides drive-up access, concrete and asphalt paving, perimeter fencing, gated entry, corner bollards, and on-site camera coverage. Site grading supports drainage across the property.

Located in Otsego, the facility serves a community of 25,454 residents with annual population growth of 3.79% and a median household income of $119,927. Approximately 280 new home permits were issued in 2025. The property is positioned along the MN-101 corridor, which carries roughly 52,000 vehicles per day, with a Costco Wholesale under construction in the city.

Operations have historically been managed without online rental capability or a revenue management program. The property also has a dated web presence, providing specific areas for operational modernization.

Key Highlights

  • 54,670 net rentable square feet across 335 storage units
  • 5.48‑acre self‑storage property developed in phases in 2004, 2017, and 2019
  • Drive‑up access with concrete and asphalt paving throughout the site

Property Analytics

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Current Use

Crag Mini Storage Storage Facility

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Restaurant Furniture & Home Goods Grocery & Convenience Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

310
Businesses Nearby

Demographics for 55330, MN

43,626
Population
16,796
Households
2.6
Avg Household Size
37
Median Age
33%
College-Educated
94%
High-School Grad
106.6 sq mi
ZIP Area
409
Density / Sq Mi
$111,481
Median Household Income
$59,332
Median Earnings
$1,356
Median Rent
$355,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Gated, camera-monitored storage property with drive-up access, paved circulation, and phased improvements.
Where is this self storage facility located?
The property is located at 15901 85TH ST NE Otsego, MN.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: 54,670 net rentable square feet across 335 storage units; 5.48‑acre self‑storage property developed in phases in 2004, 2017, and 2019; Drive‑up access with concrete and asphalt paving throughout the site
More about this property
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