You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Warehouses

0 Spruce St Paynesville, MN 56362

3,360 SF 16553 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional self-storage facility represents a lucrative investment opportunity in Paynesville, Minnesota. Completed in 2024, this single-story building boasts 3,360 square feet situated on a generous 16.553-acre lot. The property features six individual storage units, each measuring 14 feet wide, 12 feet deep, and 40 feet long, providing ample space for RVs and boats. The high ceilings, measuring 14 feet, offer significant vertical storage capacity. While currently lacking heat and electrical installations, this presents a unique opportunity for customization and increased rental income potential. The property's location on Spruce Street in Stearns County, zip code 56362, offers convenient access for local residents. The substantial lot size allows for future expansion or additional development, further enhancing the investment potential. This turnkey property is ready for an owner-operator or investor to capitalize on the growing demand for self-storage in the area. The asking price is $349,900. This represents a rare chance to acquire a brand-new, high-quality self-storage facility in a desirable location.

Property profile
Verified
Property type Warehouses
Year built 2024
Total area 3,360 SF
Lot 16553 ac (721,048,680 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Spruce St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message