29474 Co Hwy 5, Ottertail, MN 56571
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.