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    OFF-MARKET
    Commercial real estate

    29474 Co Hwy 5, Ottertail, MN 56571

    1,280 SF 0.11 ac lot Built 2024
    Property ID
    Property summary
    AI-generated overview

    Prime investment opportunity in Ottertail, MN! This 1,280 sq ft storage building, situated on a 0.11-acre lot at 29474 Co Hwy 5 Unit 1, presents a compelling proposition. The structure is a premium 2x6 stick-built building, boasting scissor trusses for enhanced height and featuring attractive two-tone wainscoting. Durable 4" reinforced concrete floors extend 4' beyond the building, providing ample space. The building includes an insulated overhead door and rodent-proofing, along with basic 100-amp electric wiring. The asking price of $65,000 reflects a cost-effective entry point into the storage market. Note that this is a 32 x 40 x 14 ft building. Larger units are also available. A low association fee covers essential maintenance, including common area upkeep, driveway maintenance, and snow removal. While water and sewer are not available on-site, the property's strategic location and robust construction make it an attractive investment. A detailed site plan is available upon request. Please note that prices are subject to change due to material cost fluctuations.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2024
    Total area 1,280 SF
    Lot 0.11 ac (4,792 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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