Property profile

1 Premier Dr Long Lake, MN 55356

FOR SALE
Industrial (General)
Property ID
US46-0461643
1.39 ac lot Built 1996
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Property summary

AI-generated overview

Commercial property in Long Lake, Minnesota, comprising a building originally constructed in 1984 with a 1996 addition. The facility includes 8,738 square feet of office space, 14,083 square feet of manufacturing/tech space, and 3,999 square feet of warehouse space, situated on 1.39 acres with 77 off-street parking stalls. The property is zoned I-1 Industrial and features manufacturing/tech areas with 12-foot clear height and a warehouse area with 20-foot clear height. Loading is provided by four drive-in doors. The building has heavy 3-phase power and a wet, fully sprinkled fire suppression system; the warehouse is fully heated and air-conditioned. Roof and mechanical improvements include a rubber membrane roof and nine rooftop HVAC units installed in 2019.

Property profile

Verified
Property type Industrial (General)
Year built 1996
Lot 1.39 ac (60,548 SF)
APN 34-118-23-24-0067
UPID US46-0461643

Cap rate & NOI

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

Location

1 Premier Dr Long Lake, MN 55356
Long Lake metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
2019
$1.4M
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