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Property profile & analytics
OFF-MARKET
Warehouses

24786 Mesenbrink Way Lakeville, MN 55044

10,000 SF 111078 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional 10,000-square-foot Class A industrial warehouse, built in 2023, is situated on an expansive 111,078-square-foot lot in Lakeville, Minnesota. Ideally located midway between the Elko and Lakeville exits on I-35's east side, this property offers unparalleled convenience and accessibility. The building comprises two 5,000-square-foot units, each featuring six large bays with vaulted ceilings, clean concrete floors, and abundant natural light. Energy efficiency is a key feature, ensuring comfortable temperatures year-round. Each 5,000-square-foot bay boasts 200-amp, 3-phase electrical power, and Metronet internet is already installed. Safety is prioritized with floor drains equipped with flame traps. Ample parking is available, with potential for creating secure, fenced rental space to generate additional income. The property's wide-open bays provide flexible build-out options, making it suitable for a diverse range of businesses. The permitted zoning is Commercial/Industrial. This turn-key property presents a unique opportunity for owner-users seeking a modern, efficient, and strategically located industrial space. All information is deemed reliable but not guaranteed.

Property profile
Verified
Property type Warehouses
Year built 2023
Total area 10,000 SF
Lot 111078 ac (4,838,557,680 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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