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    OFF-MARKET
    Commercial real estate

    16707 Highway 371, Brainerd, MN 56401

    27,910 SF Built 1981
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property boasts 42.3 acres of cleared, level land with 600 feet of frontage on Highway 371, a four-lane highway providing excellent visibility and direct access. The property includes four buildings totaling 27,910 square feet. Two buildings offer cold storage facilities complete with electricity, ideal for various storage needs. A third building is uniquely divided into retail/office space, providing flexibility for diverse business operations. Additionally, a heated shop/storage area is included, offering versatile space for equipment, inventory, or workshops. The property's location just outside the Brainerd/Baxter city limits offers a strategic advantage, combining accessibility with potential cost savings. The expansive acreage presents significant development potential, allowing for future expansion or the addition of new structures. This turnkey opportunity is perfect for businesses seeking a high-visibility location with ample space and diverse building options. The sale includes the land and all four buildings

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1981
    Total area 27,910 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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