Warehouse with Insulated Overhead
5836 Barthel Industrial Drive NE #19, Albertville, MN 55301
For Sale
$228,900
Business/commercial zoning and gated entry accompany a secured garage with in-floor heat and a fire protection system.
Property Size1,181 SF
Price / SF$193.82
Days on Market31
Property Features for 5836 Barthel Industrial Drive NE #19
General Information
Standard status
Size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Drive-In Doors
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 4:20AM
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
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This 2026-built warehouse offers a 14-foot insulated overhead door with opener and a separate 3-foot service door. The 16-foot ceilings, sheet-rocked walls, LED lighting, spray-foam insulation, and in-floor heat support a range of functional workspace needs; optional AC is available. A 100-amp electrical panel, fire protection system, and floor trench drain are also installed. Rough-in plumbing is in place for a bathroom with shower, and the layout is structured to accommodate a loft or mezzanine.
The property has gated access and 24/7 security. Its zoning is designated Business/Commercial.
The property has gated access and 24/7 security. Its zoning is designated Business/Commercial.
Key Highlights
- 14' insulated overhead garage door with opener and separate 3' service door
- 16' ceilings; layout structured for loft or mezzanine
- In‑floor heat, with optional AC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,579
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,580
$311.6K
Cap Rate 7%
$222,557
$222.6K
Cap Rate 9%
$173,100
$173.1K
Market Conditions
NOI Build-Up for 1,181 SF
Gross rent
$19.1K $16.20/SF
− Vacancy
−$804 −$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%
$311,580
Cap Rate 7%
$222,557
Cap Rate 9%
$173,100
Alternative Uses
Best Use
Warehouse
$222.6K
$194.7K – $259.7K
NOI $15,579 @ 7.0% cap · market cap 6.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$281.8K
$246.5K – $328.7K
NOI $19,723 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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
$324,000
Median Home Value
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Market
Average Price Trend$/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 and gated entry accompany a secured garage with in-floor heat and a fire protection system.
Where is this warehouse located?
The property is located at 5836 Barthel Industrial Drive NE #19 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: 14' insulated overhead garage door with opener and separate 3' service door; 16' ceilings; layout structured for loft or mezzanine; In‑floor heat, with optional AC
