29474 Unit 7/8, Ottertail, MN 56571
This exceptional storage building, located at 29474 Co Hwy 5 Unit 7/8 in Ottertail, Minnesota, presents a lucrative investment opportunity. The 2,720 square foot structure boasts a 40 x 68 x 14 foot footprint, offering ample storage space. Key features include three 16-foot wide overhead doors, providing convenient access, and in-floor plumbing for heat, ensuring year-round usability. The building's premium construction includes 2x6 stick-built framing with scissor trusses for increased height, attractive two-tone wainscoting, and robust 4-inch reinforced concrete floors with a 4-foot apron. Additional features include an insulated overhead door, rodent sealing, and basic 100-amp electrical wiring. The low association fee covers essential maintenance of common areas and driveways, including snow removal. While water and sewer are not available on-site, this property offers significant advantages for various storage needs. A site plan is available upon request. Note that pricing is subject to change due to material cost fluctuations. Other sizes are available, ranging from 32 x 40 x 14 feet to 40 x 96 x 14 feet, with prices varying accordingly. Optional add-ons such as insulation packages, additional electrical capacity, and two-door drive-through options (for select sizes) are also available. This is a prime opportunity to acquire a well-constructed, versatile storage facility in a desirable location.
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.