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Property profile & analytics
OFF-MARKET Estimated value $840,000
Commercial real estate

100 Otter Dr Ottertail, MN 56571-7052

8,400 SF 0.67 ac lot Built 2014
Entity Owned Absentee Owner Free & Clear
Property ID
US46-1770223
Property summary
AI-generated overview

This exceptional 7,948-square-foot retail property, located at 100 Otter Dr, Ottertail, MN 56571, presents a unique investment opportunity. Built in 2014, the building sits on a 1.13-acre lot and offers ample parking with 21 spaces. Currently vacant, this single-tenant space provides a blank canvas for a variety of retail uses. The property's convenient location in Ottertail, Minnesota, offers excellent visibility and accessibility for customers. The building's substantial size allows for a wide range of retail concepts, from convenience stores (c-store) to larger format retail operations. The property's 2014 construction ensures modern building systems and infrastructure, minimizing potential maintenance costs. With its strategic location and significant square footage, this property is ideally suited for an entrepreneur seeking a prominent retail presence in a growing community. The expansive lot size also offers potential for future expansion or outdoor display areas. This is a rare opportunity to acquire a substantial, well-located retail building in a desirable Minnesota market. The property is ready for immediate occupancy, allowing for a swift start to operations. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2014
Total area 8,400 SF
Lot 0.67 ac (29,185 SF)
APN 74000990421002
UPID US46-1770223
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
$890k
Comparable Approach Comparable
$787k
Blend (final) Blend
$840k
Owner & transaction history
SPIRIT MASTER FUNDING IX LLC
SPIRIT MASTER FUNDING IX LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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