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    520 8Th St Lake City, MN 55041

    For Lease
    $3 SF/Yr

    Large industrial space, flexible layouts available.

    Lot size:
    336,223 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional industrial property at 520 N 8th Street in Lake City, Minnesota, offers a unique opportunity for businesses seeking flexible and spacious accommodations. The building boasts a total of 336,223 square feet, with multiple tenancy options available. Currently, there is 65,698 square feet of vacant space ready for immediate occupancy. Units can be leased in sizes ranging from a minimum of 12,595 square feet to a maximum contiguous space of 53,103 square feet, providing ample room for various business needs. The property's industrial nature is enhanced by a 16-foot ceiling height, providing excellent vertical space for storage or equipment. For convenient loading and unloading, the building features one drive-in bay. The property is classified as both Traditional Office and Warehouse space, making it suitable for a wide range of uses. Located in Lake City, MN, zip code 55041, this property offers a strategic location with easy access to transportation routes. This is an excellent opportunity to secure a substantial and versatile industrial space in a desirable location. Inquire today to learn more about leasing options and to schedule a viewing.

    Property Features for 520 8Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    336,223 SF
    Total Rate
    84055.75

    Unit(s) available at that property

    Space
    Option 2
    Size
    12,595 SF
    Rate per SF
    $5
    Space
    Option 1
    Size
    53,103 SF
    Rate per SF
    $3

    HighLights

    • 16' clear height.
    • Five dock doors.
    • A/C available in Building 1 warehouse.
    • On‑site ownership and management.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Federal-Mogul TP Liners Manufacturer Federal-Mogul Corporation Manufacturer

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Lake City
    County
    Wabasha
    State
    Minnesota
    Longitude
    -92.2785054
    Latitude
    44.4472102

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    FAQs

    What type of property is this?
    Distribution property - Large industrial space, flexible layouts available.
    Where is this distribution property located?
    The property is located at 520 8Th St Lake City, MN.
    What is the lease rate?
    The lease rate is $3-$5 SF/Yr.
    What are key features of this property?
    This property features: 16' clear height.; Five dock doors.; A/C available in Building 1 warehouse.
    Request Owner's contact information
    520 8Th St Lake City, MN 55041
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    Lake City, MN 55041
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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
    520 8Th St Lake City, MN 55041
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