Property profile

11030 Lamont Ave Hanover, MN 55341

OFF-MARKET
Investment properties
Property ID
US46-1136448
5,440 SF 0.9 ac lot Built 1994
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Property summary

AI-generated overview

This exceptional 5,440 square foot industrial building in Hanover, MN, sits on a 0.9-acre lot and presents a unique opportunity for businesses seeking a functional and well-maintained workspace. The building boasts high ceilings and large overhead doors, creating a modern and inspiring environment. A significant advantage is the inclusion of ample outdoor storage space, perfect for equipment or materials. The property is meticulously maintained and features recent updates. Included within the 5,440 square feet is a 300 square foot office space complete with a bathroom and shower. A 360 square foot workshop is also available, equipped with a large, installed industrial air compressor, workbenches, cabinets, and numerous electrical receptacles. This ready-to-use space eliminates the need for significant upfront investment in equipment and infrastructure. The building is priced at $6,000. The tenant is solely responsible for utilities

Property profile

Verified
Property type Investment properties
Year built 1994
Total area 5,440 SF
Lot 0.9 ac (39,204 SF)
UPID US46-1136448

Cap rate & NOI

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

Location

11030 Lamont Ave Hanover, MN 55341
Hanover metro
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Value estimations

Realmo proprietary · 4 methods
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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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