5836 Barthel Industrial Drive NE #12, Albertville, MN 55301

Building Details

Building Size 1,210 SF More

Year Built 2026 More

Units 1 More

Listing Agency: RE/MAX Results

Listed By: Butch Zelinsky · License #82798 Show Phone

Source: Getyoumoved

Added: Oct 22 Changed: Nov 6 Last Checked: Nov 4 at 7:30AM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This warehouse unit has a 14-foot insulated overhead garage door with an opener, 16-foot ceilings, and a separate 3-foot service door. Interior features include sheet-rocked walls, LED ceiling lighting, spray foam insulation, and in-floor heat with optional AC. A floor trench drain, fire protection system, and 100-amp electrical panel are also installed. Bathroom plumbing is roughed in, including a shower. The property size is listed as 1,210, and the year built is 2026. Zoning is Business/Commercial.

The property provides gated entry and security around the clock.

Key Highlights

• 14‑foot insulated overhead garage door with opener
• 16‑foot ceilings, 3‑foot service door, and sheet‑rocked walls
• In‑floor heat with optional AC; spray foam insulation

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,962

Cap Rate

6.80%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$319,240 $319.2K

Cap Rate 7%

$228,029 $228.0K

Cap Rate 9%

$177,356 $177.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,210 SF

Gross rent

$19.6K $16.20/SF

− Vacancy

−$823 −$0.68/SF

EGI

$18.8K $15.52/SF

− OpEx

−$2.8K −$2.33/SF

NOI

$16.0K $13.19/SF

Area

Wright 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%

$319,240

Cap Rate 7%

$228,029

Cap Rate 9%

$177,356

Alternative Uses

Best Use

Warehouse

$228.0K

$199.5K – $266.0K (±1% cap)

NOI $15,962 @ 7.0% cap · market cap 6.80%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$288.7K

$252.6K – $336.8K (±1% cap)

NOI $20,208 @ 7.0% cap · market cap 8.60%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft

Clear height

Location Intelligence

Trade Area within ½ mile

245

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 55301, MN

12,791

Population

4,720

Households

2.7

Avg Household Size

33

Median Age

44%

College-Educated

98%

High-School Grad

8.2 sq mi

ZIP Area

1,560

Density / Sq Mi

$131,157

Median Household Income

$65,890

Median Earnings

$1,458

Median Rent

$324,000

Median Home Value

Market

Average Price Trend$/SF for Warehouses in Wright County, MN

$180 Jul

$211 Aug

$211 Sep

$214 Oct

Properties on Market for Warehouses in Wright County

Jul

Aug

Sep

Oct

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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Similar Off Market Nearby

• Albertville Storage — 5458 Barthel Industrial Dr NE, Albertville, MN 55301
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Frequently Asked Questions

What type of property is this?

Warehouse - A gated, secured warehouse unit includes an insulated overhead door and rough-in plumbing for a bathroom.

Where is this warehouse located?

The property is located at 5836 Barthel Industrial Drive NE #12 Albertville, MN.

What is the asking price?

The asking price for this property is $234,900.

What are key features of this property?

This property features: 14‑foot insulated overhead garage door with opener; 16‑foot ceilings, 3‑foot service door, and sheet‑rocked walls; In‑floor heat with optional AC; spray foam insulation