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Property profile & analytics
OFF-MARKET
Commercial real estate

1143 12Th St Glencoe, MN 55336

1,360 SF Built 2024
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1,360 square foot commercial property located at 1143 12th Street Unit 8, Glencoe, MN. The property boasts thirteen climate-controlled storage units, ideal for a variety of uses. Ten to twelve-foot-high roll-up doors provide easy access, with one unit featuring a fourteen-foot-high door. Two units are currently finished to a high standard, while the remaining units offer a blank canvas for customization, with various finishing options available. Each unit offers a minimum of 1054 square feet of usable space, providing ample storage capacity. The property is managed under an association, with a monthly fee of $50 covering comprehensive insurance, exterior building maintenance, and groundskeeping. This ensures minimal ongoing operational costs for the owner. This low-maintenance investment is poised for strong returns, given the high demand for climate-controlled storage in the area. Professional photographs and a video tour will be available on April 22nd, providing a comprehensive view of this attractive property. Don't miss this chance to acquire a profitable and well-maintained storage facility in a thriving Minnesota community. The asking price is $104,000.

Property profile
Verified
Property type Commercial real estate
Year built 2024
Total area 1,360 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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