Heated Storage Garage
17885 Valley View Drive #119 Jordan, MN 55352
17885 Valley View Drive #119, Jordan, MN, 55352
$300,000
For Sale
$300,000
Insulated, heated storage/garage units for sale with a 14x14 overhead door, 21' ceilings, and optional mezzanine.
Property Size1,960 SF
Price / SF$153.06
Days on Market21
Property Features for 17885 Valley View Drive #119
General Information
- Standard status
- Active
- Size
- 1,960 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2025
Listing agency
Edina Realty, Inc.
(612) 709-1555
Listed by
Yvonne Perkins · License #731479
(612) 709-1555
Source
Juverealestate
Added: Jul 2 Updated: Jul 21 at 9:28PM Checked: Jul 21 at 9:28PM
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.
Investment Insights
Based on property information with market context.
This new storage/garage condo-style facility offers insulated, heated units for sale totaling 1,960 sq. ft. (70' x 28'). The space includes a 14 x 14 overhead door, 21' ceiling height, LED lighting, and 100-amp, 3-phase power. Building amenities and systems include a fan, hose bib, floor drain, overhead sprinklers, and a bathroom, with optional 28' x 16' mezzanine and additional mezzanine size options noted in the supplement.
The property also includes 2,470 sq. ft. of fenced outside storage spaces available for purchase. Industrial zoning is listed as RBR (Rural Business Reserve), with additional zoning uses and specifications available in the supplement. The facility is described as just south of Shakopee, in a scenic area overlooking Sand Creek.
Additional unit purchasing is described as possible up to 7,840 sq. ft. The Valley View Industrial Development includes additional lots available to build your own building, with lot sizes starting at 2.97 acres and up to 8.83 acres, with flexibility to adjust lot size over 2.97 acres. Valley View Rd. is planned for paving in fall 2026, and access to Highway 169 is described through a new Bluff Drive Overpass or Jordan’s new interchange.
The property also includes 2,470 sq. ft. of fenced outside storage spaces available for purchase. Industrial zoning is listed as RBR (Rural Business Reserve), with additional zoning uses and specifications available in the supplement. The facility is described as just south of Shakopee, in a scenic area overlooking Sand Creek.
Additional unit purchasing is described as possible up to 7,840 sq. ft. The Valley View Industrial Development includes additional lots available to build your own building, with lot sizes starting at 2.97 acres and up to 8.83 acres, with flexibility to adjust lot size over 2.97 acres. Valley View Rd. is planned for paving in fall 2026, and access to Highway 169 is described through a new Bluff Drive Overpass or Jordan’s new interchange.
Key Highlights
- New 1,960 SF (70' x 28') insulated, heated storage/garage unit(s) for sale
- Industrial zoning RBR (Rural Business Reserve) with insulated/utility‑ready setup for storage and shop use
- 14' x 14' overhead door, 21' ceiling height, and LED lighting throughout
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 | $31.8k | $16.20 |
| − Vacancy | −$1.3k | −$0.68 |
| EGI | $30.4k | $15.52 |
| − OpEx | −$4.6k | −$2.33 |
| NOI | $25.9k | $13.19 |
1,960 SF · lease $16.20/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$369.4K
$323.2K – $430.9K
NOI $25,856 @ 7.0% cap · market cap 8.62%
Second Best
Self Storage
$273.4K
$239.2K – $319.0K
NOI $19,139 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$467.6K
$409.2K – $545.6K
NOI $32,733 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Insulated, heated storage/garage units for sale with a 14x14 overhead door, 21' ceilings, and optional mezzanine.
Where is this self storage facility located?
The property is located at 17885 Valley View Drive #119 Jordan, MN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: New 1,960 SF (70' x 28') insulated, heated storage/garage unit(s) for sale; Industrial zoning RBR (Rural Business Reserve) with insulated/utility‑ready setup for storage and shop use; 14' x 14' overhead door, 21' ceiling height, and LED lighting throughout
