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    1100 Stearns Dr Sauk Rapids, MN 56379

    Sponsored
    For Sale
    $12,750,000

    256,942 SF Warehouse, $12.75M

    Property size:
    256,942 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 256,942-square-foot industrial campus in Sauk Rapids, Minnesota, presents a significant investment opportunity. Located at 1100 Stearns Dr, 56379, this single-story distribution and warehouse facility sits on a substantial 24.6-acre lot. The property boasts 24 loading docks and 4 dock-high doors, ensuring efficient logistics. The building features a 30' to 13'7" clear height, with a column spacing of 30' x 40', providing ample space for various operations. Modern amenities include LED lighting throughout, multiple overhead heating units, and HVAC in Suite 400. The property benefits from multiple 3-phase/480V power sources and a fully sprinklered system. An estimated 2024 CAM of $1.59 per square foot is anticipated. The asking price is $12,750,000, or $49.62 per square foot. This prime location in Benton County offers easy access to major transportation routes, making it ideal for distribution and warehousing needs. The property is currently available for sale.

    Property Features for 1100 Stearns Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    256,942 SF
    Lot Size
    1,071,576 SF

    Building Details

    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Creative Memories Corporate Campus

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Sauk Rapids
    County
    Benton
    State
    Minnesota
    Longitude
    -94.1571754
    Latitude
    45.603522

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    FAQs

    What type of property is this?
    Distribution property - 256,942 SF Warehouse, $12.75M
    Where is this distribution property located?
    The property is located at 1100 Stearns Dr Sauk Rapids, MN.
    What is the asking price?
    The asking price for this property is $12,750,000.
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    1100 Stearns Dr Sauk Rapids, MN 56379
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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
    1100 Stearns Dr Sauk Rapids, MN 56379
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