Warehouse with Insulated Overhead
For Sale
$228,900
5836 Barthel Industrial Drive NE #17, Albertville, MN 55301
A secured, gated warehouse suite includes rough-in plumbing, in-floor heat, and provision for optional air conditioning.
Property Size1,180 SF
Price / SF$193.98
Days on Market12
Property Features for 5836 Barthel Industrial Drive NE #17
General Information
Standard status
Active
Size
1,180 SF
Property subtype
Commercial
Zoning
Business/Commercial
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
1
Power
100 amps
Additional Details
Property Use
Garage
Amenities
24/7 Security and Gated Access
Building Details
Building Size
1,180 SF
Year Built
2026
Units
1
Listing Agency:
RE/MAX Results
Listed By:
Butch Zelinsky · License #82798
(612) 850-2484
Source:
Getyoumoved
Added: Oct 22
Changed: Nov 1
Last Checked: Oct 29 at 11:24PM
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 1,180-square-foot warehouse suite was built in 2026 and is zoned Business/Commercial. Its 16-foot ceilings and 14-foot insulated overhead door with opener support a range of commercial storage and work functions. Interior features include sheet-rocked walls, LED ceiling lighting, spray foam insulation, and a floor trench drain system.
The gated property has 24/7 security. The suite also includes a 3-foot service door, a 100-amp electrical panel, and a fire protection system. Rough-in plumbing is in place for a bathroom with shower; in-floor heat is installed, with optional AC available. The structure allows for a loft or mezzanine.
The gated property has 24/7 security. The suite also includes a 3-foot service door, a 100-amp electrical panel, and a fire protection system. Rough-in plumbing is in place for a bathroom with shower; in-floor heat is installed, with optional AC available. The structure allows for a loft or mezzanine.
Key Highlights
- 1,180‑square‑foot warehouse suite built in 2026
- 14‑foot insulated overhead door with opener and separate 3‑foot service door
- 16‑foot ceilings; structure allows for loft or mezzanine
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,566
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,320
$311.3K
Cap Rate 7%
$222,371
$222.4K
Cap Rate 9%
$172,956
$173.0K
Market Conditions
NOI Build-Up for 1,180 SF
Gross rent
$19.1K $16.20/SF
− Vacancy
−$803 −$0.68/SF
EGI
$18.3K $15.52/SF
− OpEx
−$2.7K −$2.33/SF
NOI
$15.6K $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%
$311,320
Cap Rate 7%
$222,371
Cap Rate 9%
$172,956
Alternative Uses
Best Use
Warehouse
$222.4K
$194.6K – $259.4K
NOI $15,566 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$281.5K
$246.3K – $328.5K
NOI $19,707 @ 7.0% cap · market cap 8.61%
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
1
Drive-in doors
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
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 - A secured, gated warehouse suite includes rough-in plumbing, in-floor heat, and provision for optional air conditioning.
Where is this warehouse located?
The property is located at 5836 Barthel Industrial Drive NE #17 Albertville, MN.
What is the asking price?
The asking price for this property is $228,900.
What are key features of this property?
This property features: 1,180‑square‑foot warehouse suite built in 2026; 14‑foot insulated overhead door with opener and separate 3‑foot service door; 16‑foot ceilings; structure allows for loft or mezzanine
