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Property profile & analytics
OFF-MARKET
Warehouses

940 Mckinley Pkwy Delano, MN 55328

1,932 SF Built 2023
Property ID
Property summary
AI-generated overview

This 1,932 square foot warehouse unit in Delano, Minnesota, presents a prime owner-user investment opportunity. Located at 940 McKinley Pkwy, 55328, this vacant unit is part of a 2023-built, four-building complex featuring 20-foot ceilings and 14 dock-high doors. The property boasts 42 units total and sits on a single story. The unit is zoned for commercial use and offers a multitude of potential uses, including office/warehouse space, workshop, showroom, or even a customized garage. Upgrades are available, including a mezzanine level (adding 672 square feet for a total of 2,604 square feet), an ADA bathroom, painting, and epoxy flooring. High-quality construction includes 5-inch concrete floors with floor drains, commercial-grade windows and doors (16' wide x 14' tall), attractive LP Smartside siding, and fire suppression. In-floor radiant heating is installed, with options for additional heating and cooling. All units are wired for three-phase power and plumbed for water and sewer. A roughed-in bathroom is included. The asking price is $349,000, or $180.64 per square foot. Financing options may be available.

Property profile
Verified
Property type Warehouses
Year built 2023
Total area 1,932 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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