11332 120Th St Milaca, MN 56353
- Industrial properties
- 8,000 SF
- 13.76 lot acres
Current Use by Public Records
- 169 Storage / Self-Storage Facility
Property Details for 11332 120Th St
- Year built
- 2022
- Lot size
- 13.76 lot acres
- Property size
- 8,000 SF
- Property type
- Industrial properties
- APN
- 12-001-1602
- APU
- 120011602
Description
This exceptional opportunity presents a well-established landscaping, irrigation, and nursery business in Milaca, Minnesota. The sale includes a 13.76-acre property featuring 1300 square feet of highway frontage on heavily trafficked Highway 169. The business boasts a 28-year history of providing comprehensive landscaping services, including design, installation, and maintenance for both residential and commercial clients. Services encompass irrigation, turf care, and insect control. Included in the sale is a newly constructed 42-unit storage facility situated on two acres, offering significant expansion potential. The property also includes semi-trailers for storage and a mobile home office. A greenhouse shelter is also on the premises. The asking price is $2,200,000. This turnkey operation offers substantial equipment and inventory, providing a seamless transition for a new owner. The business is ideally positioned to continue its growth and success in central Minnesota. The property's APN is 12-001-1602. This is a rare opportunity to acquire a profitable, established business with significant real estate assets.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $120,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $125,000
- 6.5%
- $125,000
- 7%
- $110,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $110,000
- Geo Method
- $130,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $130,000
- Retail
- $125,000
- Mixed-Use
- $140,000
- Hospitality
- $130,000
- Educational
- $130,000
- Residential Income
- $110,000
- Energy
- $130,000
- Income-Based Land
- $115,000
- Food Service
- $105,000
Location Insight
- Map
- Local Demand
- City
- Milaca
- County
- Mille Lacs
- State
- Minnesota
- Longitude
- -93.643
- Latitude
- 45.7228
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA