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    940 Mckinley Pkwy Delano, MN 55328

    • Commercial real estate
    • 1,120 SF
    For Sale
    View listing
    $225,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 940 Mckinley Pkwy

    Year built
    2023
    Property size
    1,120 SF
    Property type
    Commercial real estate

    Description

    This 1,120 sq ft commercial unit, located at 940 McKinley Parkway Unit 106 in Delano, MN, presents a unique opportunity. The move-in ready space boasts 20' high ceilings, 5" concrete floors with floor drains, and commercial-grade windows, entry door, and a 14' x 14' garage door. Exterior features include attractive LP Smartside lap siding. The unit includes fire suppression, in-floor radiant heating (with the option to add a split system for additional heating/cooling), and is wired with 3-phase power and AC, and plumbed with water and sewer. A roughed-in bathroom is also included. Expansion options are available

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Delano
    County
    Wright
    State
    Minnesota
    Longitude
    -93.8115
    Latitude
    45.0521

    Comparable in this City

    • Value Estimation by Request
      1,120 SF

      940 Mckinley Pkwy

      Distribution properties • 1,120 SF
      940 Mckinley Pkwy, Delano, MN 55328
      View Details
    • Value Estimation by Request
      1,520 SF

      942 Mckinley Pkwy

      Commercial real estate • 1,520 SF
      942 Mckinley Pkwy, Delano, MN 55328
      View Details
    • Value Estimation by Request
      1,932 SF

      940 Mckinley Pkwy

      Commercial real estate • 1,932 SF
      940 Mckinley Pkwy, Delano, MN 55328
      View Details
    • Value Estimation by Request
      1,040 SF

      942 Mckinley Pkwy

      Commercial real estate • 1,040 SF
      942 Mckinley Pkwy, Delano, MN 55328
      View Details
    • Value Estimation by Request
      3,600 SF

      710 Johnson Dr

      Commercial real estate • 3,600 SF
      710 Johnson Dr, Delano, MN 55328
      View Details
    • Value Estimation
      $170,000
      3,840 SF

      216 Riv N St

      COMMERCIAL (GENERAL) • 3,840 SF
      216 Riv N St, Delano, MN 55328-9319
      View Details

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    Similar Nearby for Lease

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      Retail space available for lease in Delano, Minnesota.
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    Delano, MN 55328
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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