Building Details

Buildings 1

Building Size 2,400 SF

Listing Agency: Cormorant Realty g***@aol.com Show Phone

Listed By: Greg Anderson Show Phone

Source: Exprealty

Added: Aug 11 Changed: Aug 30 Last Checked: Aug 31 at 6:53PM

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Investment Insights

Based on property information with market context.

This planned warehouse provides a 40 X 60 foot footprint with 14 foot walls framed with 2 X 6 studs spaced 16 inches on center. The building is designed for practical storage use and can be adapted to the occupant’s requirements. Improvements include an insulated 18-foot-wide by 12-foot-tall overhead door with opener, a 3-foot service entrance, and three elevated 4 X 3 foot windows for daylight and ventilation. The concrete floor includes a floor drain, and a concrete driveway provides access to the structure.

The property is located on Becker #1, 2 miles north of Becker #4, beside the Cormorant Township Recycling Center. Paved roads connect the site with the Cormorant Lakes area. Grounds are planned for landscaping and seeding as construction progresses.

Key Highlights

• 40 X 60 foot warehouse footprint with 14 foot walls
• 18 foot wide by 12 foot tall insulated overhead door with opener
• 3 foot service door and three 4 X 3 foot elevated windows

Property Analytics

Current Use

Warehouses

Lease Details

1

Drive-in doors

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

3

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 56554, MN

3,098

Population

1,792

Households

1.7

Avg Household Size

48

Median Age

36%

College-Educated

93%

High-School Grad

115.1 sq mi

ZIP Area

27

Density / Sq Mi

$91,379

Median Household Income

$48,966

Median Earnings

$795

Median Rent

$306,200

Median Home Value

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?

Warehouse - Newly constructed warehouse with customizable interior features, concrete access improvements, and paved-road connectivity.

Where is this warehouse located?

The property is located at 24-11941 147th St Lake Park, MN.

What is the asking price?

The asking price for this property is $122,700.

What are key features of this property?

This property features: 40 X 60 foot warehouse footprint with 14 foot walls; 18 foot wide by 12 foot tall insulated overhead door with opener; 3 foot service door and three 4 X 3 foot elevated windows