Property profile

421 1St St Glenville, MN 56036

OFF-MARKET
Land
3,382 SF
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Property summary

AI-generated overview

This exceptional 3,382 square foot commercial land parcel is located at 421 1st Street, Glenville, Minnesota, 56036. Offered at $79,900, this property presents a unique investment opportunity. The land features a substantial building, renovated in 2001, which includes a large storage area measuring approximately 38 feet by 892 feet. This expansive space offers significant potential for various commercial uses. Access is facilitated by multiple overhead doors. The north end features 9-foot-tall overhead doors, while a 12-foot-tall overhead door is situated on the southeast end. The property's location in Glenville, Freeborn County, Minnesota, provides convenient access to local amenities and transportation routes. The precise dimensions and configuration of the building and storage area should be verified independently. This property is ideal for businesses requiring ample storage or those seeking to develop a commercial venture in a desirable Minnesota location. Serious inquiries are encouraged to explore the full potential of this valuable asset. The property is sold as-is.

Property profile

Verified
Property type Land
Total area 3,382 SF

Cap rate & NOI

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

Location

421 1St St Glenville, MN 56036
Glenville metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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