Insulated and Heated Warehouse
For Sale
Contact for pricing
17885 Valley View Dr, Jordan, MN 55352
Insulated and heated warehouse units with a bathroom in each unit and optional fenced outdoor storage.
Property Size3,920 SF
Price / SF$155.61
Days on Market132
Property Features for 17885 Valley View Dr
General Information
Standard status
Active
Size
3,920 SF
Property subtype
INDUSTRIAL
Listing Agency:
Edina Realty Inc - Lakeville
(952) 892-7000
Listed By:
Yvonne Perkins · License #731479
(612) 709-1555
Source:
Moodyscre
Added: May 15
Changed: Sep 12
Last Checked: Sep 22 at 8:06PM
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 Edina Realty Inc - Lakeville
Investment Insights
Based on property information with market context.
This warehouse property offers insulated and heated units totaling 1,960 sq.ft. (70' x 28'). Each unit includes a bathroom, supporting flexible light-industrial use and day-to-day operations.
The site is located just south of Shakopee, with easy access to Hwy 169 and the metro. An optional 2,470 sq.ft. (95' x 26') fenced, outdoor storage area is available for added staging or equipment storage.
In addition to the building and outdoor storage options, additional industrial lots are available starting at 3 acres. The total PropertySize is 3,920 square feet.
The site is located just south of Shakopee, with easy access to Hwy 169 and the metro. An optional 2,470 sq.ft. (95' x 26') fenced, outdoor storage area is available for added staging or equipment storage.
In addition to the building and outdoor storage options, additional industrial lots are available starting at 3 acres. The total PropertySize is 3,920 square feet.
Key Highlights
- 1,960 sq.ft. (70' x 28') insulated and heated warehouse units
- Bathroom included with each unit
- Optional 2,470 sq.ft. (95' x 26') fenced outdoor storage available
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,711
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,034,220
$1.0M
Cap Rate 7%
$738,729
$738.7K
Cap Rate 9%
$574,567
$574.6K
Market Conditions
NOI Build-Up for 3,920 SF
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.
Gross rent
$63.5K $16.20/SF
− Vacancy
−$2.7K −$0.68/SF
EGI
$60.8K $15.52/SF
− OpEx
−$9.1K −$2.33/SF
NOI
$51.7K $13.19/SF
Area
Scott County, MN
Vacancy
4.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,034,220
Cap Rate 7%
$738,729
Cap Rate 9%
$574,567
Alternative Uses
Best Use
Warehouse
$738.7K
$646.4K – $861.9K
NOI $51,711 @ 7.0% cap · market cap 8.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$935.2K
$818.3K – $1.09M
NOI $65,466 @ 7.0% cap · market cap 10.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 55352, MN
10,020
Population
3,503
Households
2.9
Avg Household Size
38
Median Age
29%
College-Educated
92%
High-School Grad
67.6 sq mi
ZIP Area
148
Density / Sq Mi
$112,923
Median Household Income
$55,302
Median Earnings
$1,128
Median Rent
$379,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- Automobile Nation — www.automobilenation.com, 18025 Johnson Memorial Dr, Jordan, MN 55352
Frequently Asked Questions
What type of property is this?
Warehouse - Insulated and heated warehouse units with a bathroom in each unit and optional fenced outdoor storage.
Where is this warehouse located?
The property is located at 17885 Valley View Dr Jordan, MN.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: 1,960 sq.ft. (70' x 28') insulated and heated warehouse units; Bathroom included with each unit; Optional 2,470 sq.ft. (95' x 26') fenced outdoor storage available
