Technical
Financial
Distress signals
Property profile

1301 3Rd St Thief River Falls, MN 56701

OFF-MARKET
Land
Built 1978
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Property summary

AI-generated overview

Exceptional commercial land opportunity in Thief River Falls, MN, totaling 5.09 acres (221,720.4 sq ft). This property boasts a 12,000 sq ft building featuring an entryway, large display area, six offices, two half-baths, a break room, and two additional rooms. A 10,000 sq ft cold storage area with overhead doors provides ample space for various commercial uses. An additional 62' x 165' metal pole building with overhead doors offers further storage or workspace. The site includes a paved area between the buildings, a front parking lot, and a chain-link fence with gated access. The property's location offers excellent highway visibility, making it ideal for businesses seeking high traffic exposure. Significant expansion potential exists on the expansive lot. The property is also available for lease at $8,000 per month, with lease terms negotiable. This is a rare opportunity to acquire a versatile commercial property with significant existing infrastructure and substantial room for growth in a thriving Minnesota community. The asking price for the land is $645,000. The property was built in 1978.

Property profile

Verified
Property type Land
Year built 1978

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1301 3Rd St Thief River Falls, MN 56701
Thief River Falls metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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