Heated Warehouse
New
For Sale
$610,000
17885 Valley View Drive #104 & 105, Jordan, MN 55352
Insulated units feature private restrooms, overhead sprinklers, and three-phase power.
Property Size3,920 SF
Price / SF$155.61
Days on Market7
Property Features for 17885 Valley View Drive #104 & 105
General Information
Standard status
Active
Size
3,920 SF
Property subtype
Commercial
Zoning
Business/Commercial, Industrial
Warehouse & Industrial
Clear Height
21 ft
Power
100 amps
Three-Phase Power
Yes
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Property Use
Storage
Amenities
Private rest room
Building Details
Year Built
2025
Units
2
Listing Agency:
Edina Realty, Inc.
Listed By:
Yvonne Perkins · License #731479
(612) 709-1555
Source:
Getyoumoved
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 2:24PM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse condominium property offers two units totaling 3,920 square feet, with each unit measuring 70 by 28 feet. The insulated, heated space includes a private restroom, a 14-by-14-foot overhead door, and 21-foot ceilings. Interior features include LED lighting, 100-amp, three-phase power, a fan, hose bib, floor drain, and overhead sprinklers. Options are available to add a 28-by-16-foot or 28-by-24-foot mezzanine.
Located just south of Shakopee, the property has access to Highway 169 via the Bluff Drive overpass or Jordan’s new interchange. Fenced outdoor storage areas measuring 2,470 square feet are also available for purchase. Valley View Industrial Development has additional lots available, ranging from 2.97 to 8.83 acres, with lot size adjustable above 2.97 acres.
Located just south of Shakopee, the property has access to Highway 169 via the Bluff Drive overpass or Jordan’s new interchange. Fenced outdoor storage areas measuring 2,470 square feet are also available for purchase. Valley View Industrial Development has additional lots available, ranging from 2.97 to 8.83 acres, with lot size adjustable above 2.97 acres.
Key Highlights
- Two warehouse condo units totaling 3,920 square feet; each measures 70' x 28'
- Insulated and heated, with a private restroom
- 14x14 overhead door and 21' ceiling height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,711
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
21 ft
Clear height
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2
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
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Warehouse - Insulated units feature private restrooms, overhead sprinklers, and three-phase power.
Where is this warehouse located?
The property is located at 17885 Valley View Drive #104 & 105 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: Two warehouse condo units totaling 3,920 square feet; each measures 70' x 28'; Insulated and heated, with a private restroom; 14x14 overhead door and 21' ceiling height
