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    940 Mckinley Pkwy Delano, MN 55328

    Sponsored
    For Sale
    $349,000

    1,932 SF Warehouse, 42 Units

    Property size:
    1,932 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 1,932 square foot warehouse unit in Delano, Minnesota, presents a prime owner-user investment opportunity. Located at 940 McKinley Pkwy, 55328, this vacant unit is part of a 2023-built, four-building complex featuring 20-foot ceilings and 14 dock-high doors. The property boasts 42 units total and sits on a single story. The unit is zoned for commercial use and offers a multitude of potential uses, including office/warehouse space, workshop, showroom, or even a customized garage. Upgrades are available, including a mezzanine level (adding 672 square feet for a total of 2,604 square feet), an ADA bathroom, painting, and epoxy flooring. High-quality construction includes 5-inch concrete floors with floor drains, commercial-grade windows and doors (16' wide x 14' tall), attractive LP Smartside siding, and fire suppression. In-floor radiant heating is installed, with options for additional heating and cooling. All units are wired for three-phase power and plumbed for water and sewer. A roughed-in bathroom is included. The asking price is $349,000, or $180.64 per square foot. Financing options may be available.

    Property Features for 940 Mckinley Pkwy

    General Information

    Property type
    Distribution properties
    Square Feet
    1,932 SF

    Building Details

    Year Built/Renovated
    2023/2023
    Buildings
    4
    Stories
    1
    Units
    42

    HighLights

    • $349,000 asking price for a vacant 1,932 sq ft warehouse unit.
    • Located at 940 McKinley Pkwy, Delano, MN 55328.
    • Features 14 dock‑high doors and 20' ceilings.
    • Built and renovated in 2023, this single‑story building offers 42 units across 4 buildings.
    • Owner/user investment opportunity with potential for leasing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Realty agency Auto Parts Store Bakery Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Delano
    County
    Wright
    State
    Minnesota
    Longitude
    -93.8115
    Latitude
    45.052104

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    FAQs

    What type of property is this?
    Distribution property - 1,932 SF Warehouse, 42 Units
    Where is this distribution property located?
    The property is located at 940 Mckinley Pkwy Delano, MN.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: $349,000 asking price for a vacant 1,932 sq ft warehouse unit.; Located at 940 McKinley Pkwy, Delano, MN 55328.; Features 14 dock-high doors and 20' ceilings.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    940 Mckinley Pkwy Delano, MN 55328
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