Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Investment properties

    5 The Rdg, Pillager, MN 56473

    2,304 SF 0.02 ac lot Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity features brand-new, high-quality boat storage buildings located in Pillager, Minnesota, on Lot 5 The Ridge. Each building boasts 2,304 square feet of space on a 0.02-acre lot, offering ample room for various sized boats and recreational vehicles. Constructed by Northland Buildings, these structures are built to exacting standards, including 2-foot overhangs for added protection, insulated overhead doors for optimal temperature control, and a robust 5-inch thick concrete foundation. Electrical provisions are complete, featuring a 200-amp panel, interior and exterior LED lighting, and conveniently placed interior outlets. Security is enhanced with an exterior security light. Each building includes two 16-foot high by 14-foot wide doors, easily accommodating even large Class A motorhomes. Ten-foot aprons will be added, providing additional space for maneuvering. The buildings are conveniently situated near Beauty Lake Road, offering easy access for Wilson Bay and Gull Lake residents, particularly with the newly paved County Road 77. Owners can customize heating and insulation using either propane or electric systems. The design allows for the addition of a holding tank and a well. Multiple sizes are available. This is a turnkey opportunity for a lucrative business venture in a desirable location.

    Property profile
    Verified
    Property type Investment properties
    Year built 2024
    Total area 2,304 SF
    Lot 0.02 ac (871 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 5 The Rdg?
    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