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    600 Hoffman Dr Owatonna, MN 55060

    Sponsored
    For Lease
    Contact for pricing

    Versatile warehouse space, multiple units available.

    Lot size:
    19,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional warehouse property, located at 600 Hoffman Dr, Owatonna, MN 55060, offers a fantastic opportunity for businesses seeking flexible space in Steele County. The single-story building boasts a total of 19,300 square feet, with multiple tenancy options available. Units range from a minimum of 900 square feet to a maximum contiguous space of 3,950 square feet, providing ample flexibility for various business needs. Currently, 4,850 square feet of space is immediately available for lease. The property is classified as Class C and features convenient amenities including three drive-in doors and ample parking with 20 spaces. The I-1 zoning ensures a wide range of permitted uses. This prime location in Owatonna offers easy access to transportation routes and a thriving business community. Don't miss this chance to secure your ideal warehouse space in a desirable location. Contact us today to learn more about leasing options and schedule a viewing.

    Property Features for 600 Hoffman Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,300 SF
    Class
    C

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,950 SF
    Space
    Available Space
    Size
    900 SF

    HighLights

    • Close proximity to Highway 35.
    • Three drive‑in doors.
    • Flexible space options available.
    • Largest contiguous unit: 3,950 square feet (1,750 sf office/2,200 sf warehouse).
    • Smallest unit: 900 square feet (100 sf office/800 sf warehouse).
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Owatonna
    County
    Steele
    State
    Minnesota
    Longitude
    -93.2302008
    Latitude
    44.0895158

    Nearby Comparable

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    Nearby Similar for Lease

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    • $8 SF/Yr
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      Owatonna Flex Space Available

      Modern Flex Space, 6,400 SF Available
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      Retail space for rent in Owatonna, MN.
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      Retail space available in high-traffic Owatonna shopping center.
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      Owatonna Retail & Office Space

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    FAQs

    What type of property is this?
    Distribution property - Versatile warehouse space, multiple units available.
    Where is this distribution property located?
    The property is located at 600 Hoffman Dr Owatonna, MN.
    What are key features of this property?
    This property features: Close proximity to Highway 35.; Three drive-in doors.; Flexible space options available.
    Request Owner's contact information
    600 Hoffman Dr Owatonna, MN 55060
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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
    600 Hoffman Dr Owatonna, MN 55060
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