Warehouse Unit with Loft
5836 Barthel Industrial Drive NE #15, Albertville, MN 55301
For Sale
$288,900
Gated entry, in-floor heating, and a bathroom rough-in with shower support flexible unit use.
Property Size1,491 SF
Price / SF$193.76
Days on Market31
Property Features for 5836 Barthel Industrial Drive NE #15
General Information
Standard status
Size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Power
Amenities
24/7 Security and Gated Access
Building Details
Building Size
Year Built
Units
Listing Agency:
RE/MAX Results
(952) 848-2400
Listed By:
Butch Zelinsky · License MN #82798
(612) 850-2484
Source:
Kerbercastle
Added: Oct 15
Changed: Nov 12
Last Checked: Nov 13 at 4:19AM
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 RE/MAX Results
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 1,491-square-foot warehouse unit was built in 2026 and is configured for a loft or mezzanine. The space has 16-foot ceilings, sheetrocked walls, LED lighting, spray-foam insulation, and a 14-foot insulated overhead door with opener. A separate 3-foot service door provides another entry point. Interior features include in-floor heat, an optional AC setup, a floor trench drain, and a fire protection system. Rough-in plumbing is in place for a bathroom with shower, and electrical service is supplied by a 100-amp panel.
Access to the property is gated, with security available 24 hours a day. The zoning is Business/Commercial.
Access to the property is gated, with security available 24 hours a day. The zoning is Business/Commercial.
Key Highlights
- 1,491 square feet; built in 2026
- 14‑foot insulated overhead door with opener and separate 3‑foot service door
- 16‑foot ceilings with loft or mezzanine configuration potential
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,669
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,380
$393.4K
Cap Rate 7%
$280,986
$281.0K
Cap Rate 9%
$218,544
$218.5K
Market Conditions
NOI Build-Up for 1,491 SF
Gross rent
$24.2K $16.20/SF
− Vacancy
−$1.0K −$0.68/SF
EGI
$23.1K $15.52/SF
− OpEx
−$3.5K −$2.33/SF
NOI
$19.7K $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%
$393,380
Cap Rate 7%
$280,986
Cap Rate 9%
$218,544
Alternative Uses
Best Use
Warehouse
$281.0K
$245.9K – $327.8K
NOI $19,669 @ 7.0% cap · market cap 6.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$355.7K
$311.3K – $415.0K
NOI $24,901 @ 7.0% cap · market cap 8.62%
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
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
$324,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in Wright County, MN
Properties on Market for Warehouses in Wright County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Albertville Storage — 5458 Barthel Industrial Dr NE, Albertville, MN 55301
- Stormy Cycle, LLC — 5640 MacKenzie Ave NE, Albertville, MN 55301
- Stan's Storage — 6000 Labeaux Ave NE, Albertville, MN 55301
Frequently Asked Questions
What type of property is this?
Warehouse - Gated entry, in-floor heating, and a bathroom rough-in with shower support flexible unit use.
Where is this warehouse located?
The property is located at 5836 Barthel Industrial Drive NE #15 Albertville, MN.
What is the asking price?
The asking price for this property is $288,900.
What are key features of this property?
This property features: 1,491 square feet; built in 2026; 14‑foot insulated overhead door with opener and separate 3‑foot service door; 16‑foot ceilings with loft or mezzanine configuration potential
