Concrete Block Garage
Brainerd, MN 56401 Brainerd, MN 56401
Brainerd, MN, 56401
$99,900
For Sale
$99,900
LAND - Brainerd, MN
Property Size1,200 SF
Lot Size0.16 Acres
Price / SF$83.25
Days on Market8
Property Features
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.16 Acres
Listing agency
NextHome Horizons
(218) 232-2994
Listed by
Mike Swanson · License #40554823,PersonLicenseNumber
(218) 821-3302
Added: Jul 16 Updated: Jul 20 at 4:00PM Checked: Jul 23 at 4:06AM
MLS# 7107967
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property features a large 30' x 40' concrete block garage/shop on a 50' x 140' city lot. The structure is described as well-built, with durable concrete block construction, a newer roof, and newer overhead garage doors.
The building is suited for vehicle storage, workshop space, business use, or hobby space, with room for equipment such as boats or recreational toys. The listing is offered for sale in Brainerd, Minnesota 56401.
As presented, the site offers a straightforward, functional storage and workspace setup that can support a range of uses where overhead door access and enclosed storage are important.
The building is suited for vehicle storage, workshop space, business use, or hobby space, with room for equipment such as boats or recreational toys. The listing is offered for sale in Brainerd, Minnesota 56401.
As presented, the site offers a straightforward, functional storage and workspace setup that can support a range of uses where overhead door access and enclosed storage are important.
Key Highlights
- Large 30' x 40' concrete block garage/shop
- Located on a 50' x 140' city lot
- Newer roof
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 | $10.5k | $8.71 |
| − Vacancy | −$408 | −$0.34 |
| EGI | $10.0k | $8.37 |
| − OpEx | −$1.5k | −$1.26 |
| NOI | $8.5k | $7.11 |
1,200 SF · lease $8.71/SF/yr · vacancy 3.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$122.0K
$106.7K – $142.3K
NOI $8,538 @ 7.0% cap · market cap 8.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$254.8K
$222.9K – $297.2K
NOI $17,833 @ 7.0% cap · market cap 17.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- M & I Storage — 1640 Kitty Hawk Ct, Brainerd, MN 56401
- Mr. & Mrs. Tweeks Storage Palace — 908 se 15th st, brainerd, mn 56401
FAQs
What type of property is this?
Warehouse - A 30' x 40' concrete block garage shop on a 50' x 140' city lot with newer roof and overhead doors.
Where is this warehouse located?
The property is located at Brainerd, MN.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Large 30' x 40' concrete block garage/shop; Located on a 50' x 140' city lot; Newer roof
