9781 NE 71st Street, Otsego, MN 55301
- Added:
- May 11, 2026
- Days on Market:
- 33
- Last Refresh:
- Jun 12 at 3:06 pm
Property Features for 9781 NE 71st Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Industrial
- Parking features
- Driveway, Garage, Heated, Other, Parking Lot, Paved or Surfaced
- Exterior features
- Brick/Stone, Metal
- Standard status
- Active
- APN
- 118238001020
- Lot size
- 3.49 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2224
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 2026
- Roof type
- Metal
- Architectural style
- Other
Listing agent Dustin Heggem (763) 633-3535
Listing office Acuity Group 564 Dodge Ave. Ste. A, Elk River, MN (763) 633-3535
Listing date May 11, 2026
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- New construction garage suites in I‑94 West Industrial Park.
- Direct freeway visibility and convenient access to I‑94.
- High ceilings (18’) and large overhead door (12’x14’).
- Flexible space with optional mezzanine (16’) addition.
- Essential utilities included: natural gas heat, 100‑amp service, roughed‑in 3/4‑bathroom.
- Durable construction: 5” concrete floor with drain, metal roof, and attractive brick/stone and metal exterior.
Overview
The property is located in Otsego, MN within the industrial park that provides direct freeway visibility. The complex is less than 2 miles from the Albertville Interstate 94 on/off ramp, supporting convenient access for service, delivery, and customer visitation.
These suites are well suited for owner-operators and industrial users seeking clean, purpose-built warehouse garage space in an Industrial-zoned setting. The overhead door size and floor drain, along with the higher ceiling clearances, can support a range of light industrial and service-oriented operations that benefit from straightforward loading and durable concrete floors.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.2k | $16.20 |
| − Vacancy | −$1.1k | −$0.68 |
| EGI | $26.1k | $15.52 |
| − OpEx | −$3.9k | −$2.33 |
| NOI | $22.2k | $13.19 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Otsego
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.688023
- Latitude
- 45.253241
