Warehouse Unit with Loft
5836 Barthel Industrial Drive NE #17, Albertville, MN 55301
For Sale
$228,900
The space includes in-floor heat, a fire protection system, and plumbing rough-in for a bathroom with shower.
Property Size1,180 SF
Price / SF$193.98
Days on Market31
Property Features for 5836 Barthel Industrial Drive NE #17
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Power
Property Use
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 3:58AM
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.
This 1,180-square-foot warehouse unit was built in 2026 and is configured to accommodate a loft or mezzanine. Interior features include 16-foot ceilings, sheet-rocked walls, LED lighting, spray foam insulation, and in-floor heat, with optional air conditioning. A 100-amp electrical panel, fire protection system, and floor trench drain are also provided. The unit has a 14-foot insulated overhead door with opener and a separate 3-foot service door. Plumbing is roughed in for a bathroom with shower.
The property is at 5836 Barthel Industrial Drive NE, Unit 17, in Albertville, Minnesota. Zoning is Business/Commercial. Gated access and security are available around the clock.
The property is at 5836 Barthel Industrial Drive NE, Unit 17, in Albertville, Minnesota. Zoning is Business/Commercial. Gated access and security are available around the clock.
Key Highlights
- 1,180‑square‑foot warehouse unit, built in 2026
- Space designed to accommodate a loft or mezzanine
- 14‑foot insulated overhead door with opener and a 3‑foot service door
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.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
Well-served
Demand for This Use
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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 - The space includes in-floor heat, a fire protection system, and plumbing rough-in for a bathroom with shower.
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 unit, built in 2026; Space designed to accommodate a loft or mezzanine; 14‑foot insulated overhead door with opener and a 3‑foot service door
