Warehouse Unit with 16-Foot
5836 Barthel Industrial Drive NE #16, Albertville, MN 55301
For Sale
$288,900
Business/commercial zoning accompanies a secured, gated property with in-floor heating and optional air conditioning.
Property Size1,493 SF
Price / SF$193.50
Days on Market31
Property Features for 5836 Barthel Industrial Drive NE #16
General Information
Standard status
Size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Power
Additional Details
Property Use
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
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Investment Insights
Based on property information with market context.
Warehouse unit 16 at 5836 Barthel Industrial Drive NE contains 1,493 square feet and was built in 2026. The space has 16-foot ceilings, insulated walls, LED lighting, a 100-amp electrical panel, and a floor trench drain. An insulated 14-foot overhead door has an opener, and a separate 3-foot service door provides additional entry. The unit also includes in-floor heat, optional air conditioning, and a fire protection system.
A loft or mezzanine is accommodated, and plumbing is roughed in for a bathroom with a shower. The property has gated access and 24/7 security. Zoning is Business/Commercial.
A loft or mezzanine is accommodated, and plumbing is roughed in for a bathroom with a shower. The property has gated access and 24/7 security. Zoning is Business/Commercial.
Key Highlights
- 1,493‑square‑foot warehouse unit built in 2026
- 16‑foot ceilings with provision for a loft or mezzanine
- 14' insulated overhead door with opener, plus a 3' service door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,695
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,900
$393.9K
Cap Rate 7%
$281,357
$281.4K
Cap Rate 9%
$218,833
$218.8K
Market Conditions
NOI Build-Up for 1,493 SF
Gross rent
$24.2K $16.20/SF
− Vacancy
−$1.0K −$0.68/SF
EGI
$23.2K $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%
$393,900
Cap Rate 7%
$281,357
Cap Rate 9%
$218,833
Alternative Uses
Best Use
Warehouse
$281.4K
$246.2K – $328.3K
NOI $19,695 @ 7.0% cap · market cap 6.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$356.2K
$311.7K – $415.6K
NOI $24,934 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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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
$324,000
Median Home Value
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Market
Average Price Trend$/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 - Business/commercial zoning accompanies a secured, gated property with in-floor heating and optional air conditioning.
Where is this warehouse located?
The property is located at 5836 Barthel Industrial Drive NE #16 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: 1,493‑square‑foot warehouse unit built in 2026; 16‑foot ceilings with provision for a loft or mezzanine; 14' insulated overhead door with opener, plus a 3' service door
