16609 MN-371, Brainerd, MN
Industrial property featuring multiple bays and fenced outdoor space.
- Added:
- Apr 15, 2025
- Days on Market:
- 442
- Last Refresh:
- May 20 at 9:47 pm
Property Features for 16609 MN-371
General Information
- Standard status
- Active
- Size
- 6,800 SF
- Lot size
- 2.71 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 16609 MN-371 Contact usListing office Parcel Real Estate (320) 828-0395
Listing date Apr 15, 2025
Source Moodyscre
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 Parcel Real Estate
HighLights
- 5+ bay industrial space offers ample room for operations.
- Lots of outdoor space provides flexibility for various uses.
- Fully fenced space in the back ensures security and privacy.
- Opportunity to grow your business in this versatile property.
Overview
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 | $59.2k | $8.71 |
| − Vacancy | −$2.3k | −$0.34 |
| EGI | $56.9k | $8.37 |
| − OpEx | −$8.5k | −$1.26 |
| NOI | $48.4k | $7.11 |
Alternative Uses
Current Use by Public Records
Map
- City
- Brainerd
- County
- Crow Wing
- State
- Minnesota
- Longitude
- -94.2
- Latitude
- 46.353
