709 Jefferson Ave Watertown, MN 55388
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.
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
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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.