Property profile

24610 Co Rd Saint Augusta, MN 56301

OFF-MARKET
Warehouses
234,000 SF 20.83 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional 234,000-square-foot industrial property, built in 2024, presents a unique investment opportunity in Saint Augusta, Minnesota. Located on a 20.83-acre lot, the single-story building boasts a 32-foot clear height, ideal for various distribution and manufacturing needs. The property features 24 loading docks, expandable to accommodate future growth, along with 30 drop trailer stalls, each with dock expansion potential. Four 12' x 14' at-grade overhead doors provide additional access. The building's design incorporates 50' x 50' column spacing and is equipped with ESFR fire protection and energy-efficient LED lighting. Strategically situated with excellent visibility from I-94 and convenient access via two interchanges, the St. Augusta Commerce Center benefits from its proximity to area amenities, including truck stops, hotels, and restaurants. Its location is also advantageous, being only seven miles from downtown St. Cloud and ten miles from the St. Cloud Regional Airport. The asking price is $28,080,000 ($120 per square foot). The asking rate is $7.95 per square foot NNN. This property offers a rare combination of size, modern features, and strategic location, making it an attractive investment for discerning buyers.

Property profile

Verified
Property type Warehouses
Year built 2024
Total area 234,000 SF
Lot 20.83 ac (907,355 SF)

Cap rate & NOI

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

Location

24610 Co Rd Saint Augusta, MN 56301
Saint Augusta 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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