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Property profile & analytics
OFF-MARKET
Warehouses

709 Jefferson Ave Watertown, MN 55388

68,370 SF 113.71 ac lot Built 1969
Property ID
Property summary
AI-generated overview

This exceptional Carver County industrial property offers a diverse portfolio of warehouse and workspace units, ideal for various business needs. The 68,370 square foot complex, situated on 113.71 acres, comprises three single-story buildings constructed in 1969 and classified as Class C. The property features 16 suites in total, with 12 currently available, ranging from 1,000 to 25,026 contiguous square feet. Units boast convenient 12' x 12' drive-in doors, providing easy access for loading and unloading. Ceiling heights vary from 12 to 20 feet, offering ample vertical space. Each unit includes both common and private restrooms, enhancing functionality and convenience. Electrical service is robust, featuring 100-amp, 3-phase, 208v power. The property also includes five dock-high doors for efficient material handling. Floor drains are included in each unit for easy cleanup. One-year lease terms are available, making this an attractive option for businesses seeking flexible and adaptable warehouse space. This prime location provides excellent access to transportation routes and offers a strong foundation for growth and success. The property is well-suited for retail, warehouse, or workspace operations.

Property profile
Verified
Property type Warehouses
Year built 1969
Total area 68,370 SF
Lot 113.71 ac (4,953,208 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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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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