721 Industrial BlvdWatertown, MN 55388

  • Industrial properties
  • 0.09 AC
For Sale
$410,000 View listing

Property Details for 721 Industrial Blvd

Lot size
0.09 AC
Property type
Industrial properties
Property subtype
Other industrial properties
APN
85-6010100
APU
856010100

Description

This exceptional 1,090 square foot garage condo at 721 Industrial Boulevard Unit C4, Watertown, MN, presents a unique investment opportunity. Located within the Workshops of Watertown development, this unit boasts a range of high-quality features including sheetrocked walls, a tin ceiling, and a 14-foot insulated garage door with opener. Two LED lights illuminate the space, complemented by efficient in-floor heating. The unit is equipped with a 100-amp electrical service, a floor trench drain, and a fire suppression system. A rough-in bathroom with shower is included, and the structure is designed to accommodate a future mezzanine. Exterior features include LP siding, an asphalt shingled roof, concrete aprons, and an asphalt lot. Utilities readily available include electricity, gas, city water/sewer, and phone/cable/internet access. The homeowner's association provides convenient lawn care, snow removal, refuse disposal, and security. Future planned amenities include secure entrance gates, security fencing, a wash bay, dump stations, and a lounge area. Financing options are available for qualified buyers. The property's commercial/multi-use zoning welcomes a variety of businesses. This is a rare opportunity to acquire a well-appointed and versatile garage condo in a thriving Watertown location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $772,300
    Hospitality
    $707,423
    Educational
    $588,567
    Medical
    $608,809
    Retail
    $915,549
721 Industrial Blvd, Watertown, Minnesota
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Location Insight

City
Watertown
County
Carver
State
Minnesota
Latitude
44.9496
Longitude
-93.8662
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,280
$11,600
$173,600
$185,200
-
$11,600
$173,600
$185,200

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