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    12246 42Nd St Saint Michael, MN 55376

    Sponsored
    For Lease
    Contact for pricing
    Lot size:
    16,582 SF
    Added:
    Dec 11, 2024
    Days on Market:
    391

    Property Features for 12246 42Nd St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,582 SF
    Class
    C

    Building Details

    Year Built
    1992
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    16,582 SF

    HighLights

    • Flex space available for lease: retail/showroom, office, and warehouse.
    • Ample parking: 50+ spaces.
    • Excellent highway access via Highway 241.
    • Suitable for diverse business uses.
    • Move‑in ready condition.
    • I‑1 Industrial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Michael
    County
    Wright
    State
    Minnesota
    Longitude
    -93.639317517741
    Latitude
    45.211639600154

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    Nearby Similar for Lease

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    FAQs

    Where is this distribution property located?
    The property is located at 12246 42Nd St Saint Michael, MN.
    What are key features of this property?
    This property features: Flex space available for lease: retail/showroom, office, and warehouse.; Ample parking: 50+ spaces.; Excellent highway access via Highway 241.
    Request Owner's contact information
    12246 42Nd St Saint Michael, MN 55376
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    Saint Michael, MN 55376
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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
    12246 42Nd St Saint Michael, MN 55376
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