5836 Barthel Industrial Drive NE #4, Albertville, MN 55301

Building Details

Building Size 1,212 SF More

Year Built 2026 More

Units 1 More

Listing Agency: RE/MAX Results

Listed By: Butch Zelinsky · License #82798 Show Phone

Source: Getyoumoved

Added: Oct 22 Changed: Nov 6 Last Checked: Nov 4 at 7:24AM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 1,212-square-foot warehouse garage, built in 2026, has 16-foot ceilings and an insulated 14-foot overhead door with an opener. The interior includes sheet-rocked walls, LED ceiling lights, a 100-Amp electrical panel, a fire protection system, and spray foam insulation. In-floor heat is installed, with optional AC. The space is prepared for a loft or mezzanine and has rough-in plumbing for a bathroom with a shower.

Additional features include a 3-foot service door and a floor trench drain system. The property has gated access and 24/7 security.

Key Highlights

• 1,212‑square‑foot warehouse garage built in 2026
• 16' ceilings and a 14' insulated overhead door with opener
• Prepared for a loft/mezzanine; rough‑in plumbing for a bathroom with shower

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,988

Cap Rate

6.81%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$319,760 $319.8K

Cap Rate 7%

$228,400 $228.4K

Cap Rate 9%

$177,644 $177.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,212 SF

Gross rent

$19.6K $16.20/SF

− Vacancy

−$825 −$0.68/SF

EGI

$18.8K $15.52/SF

− OpEx

−$2.8K −$2.33/SF

NOI

$16.0K $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%

$319,760

Cap Rate 7%

$228,400

Cap Rate 9%

$177,644

Alternative Uses

Best Use

Warehouse

$228.4K

$199.9K – $266.5K (±1% cap)

NOI $15,988 @ 7.0% cap · market cap 6.81%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$289.2K

$253.0K – $337.4K (±1% cap)

NOI $20,241 @ 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

Warehouses

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

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

Market

Average Price Trend$/SF for Warehouses in Wright County, MN

$180 Jul

$211 Aug

$211 Sep

$214 Oct

Properties on Market for Warehouses in Wright County

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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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 unit offers gated site access, 24/7 security, and Business/Commercial zoning.

Where is this warehouse located?

The property is located at 5836 Barthel Industrial Drive NE #4 Albertville, MN.

What is the asking price?

The asking price for this property is $234,900.

What are key features of this property?

This property features: 1,212‑square‑foot warehouse garage built in 2026; 16' ceilings and a 14' insulated overhead door with opener; Prepared for a loft/mezzanine; rough‑in plumbing for a bathroom with shower