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    3310 Mn-20 Cannon Falls, MN 55009

    For Sale
    $6,100,000

    76,800 SF Industrial Building for Sale

    Property size:
    76,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 76,800-square-foot industrial building in Cannon Falls, Minnesota, is available for sale at $6,100,000. Situated on an expansive 11.77-acre lot, this Class B property boasts a desirable location just 30 minutes south of the Twin Cities. Built in 2002, the single-building facility features six loading docks and one drive-in door, providing ample access for efficient operations. The clear ceiling height ranges from 18 to 23.5 feet, offering versatile space for various industrial uses, including distribution and manufacturing. The building's robust construction includes concrete tilt-up walls, a durable standing seam metal roof, and a reinforced 6-inch concrete floor with integrated drains. Energy-efficient features such as high-efficiency T8 motion-sensor lighting contribute to cost savings. The property is privately owned and offers a potential lease option at $5.50 per square foot, triple net (NNN). The building will be available November 1, 2025, with the possibility of earlier occupancy. This is a prime opportunity to acquire a well-maintained, strategically located industrial asset.

    Property Features for 3310 Mn-20

    General Information

    Property type
    Distribution properties
    Square Feet
    76,800 SF
    Class
    B
    Lot Size
    512,701 SF

    Building Details

    Year Built
    2002
    Buildings
    1

    HighLights

    • Cannon Falls, MN location, 30 minutes south of the Twin Cities.
    • 76,800 square foot building.
    • 11.77‑acre site.
    • Six dock‑high doors and one drive‑in door.
    • 18' to 23.5' clear ceiling height.
    • Standing seam metal roof.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Cannon Falls
    County
    Goodhue
    State
    Minnesota
    Longitude
    -92.90643804435
    Latitude
    44.535620652047

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    FAQs

    What type of property is this?
    Distribution property - 76,800 SF Industrial Building for Sale
    Where is this distribution property located?
    The property is located at 3310 Mn-20 Cannon Falls, MN.
    What is the asking price?
    The asking price for this property is $6,100,000.
    What are key features of this property?
    This property features: Cannon Falls, MN location, 30 minutes south of the Twin Cities.; 76,800 square foot building.; 11.77-acre site.
    Request Owner's contact information
    3310 Mn-20 Cannon Falls, MN 55009
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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
    3310 Mn-20 Cannon Falls, MN 55009
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