5 The Rdg, Pillager, MN 56473
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.