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    FOR SALE
    Commercial real estate

    133 Sandberg Rd, Monticello, MN 55362

    36,000 SF 2.1 ac lot Built 1985
    Property ID
    US46-1072259
    Property summary
    AI-generated overview

    This exceptional 36,000 square foot gym property, built in 1985, is situated on a 2.1-acre lot at 133 Sandberg Rd, Monticello, MN 55362. Boasting a prime location at the intersection of MN-25 and I-94, this property benefits from exceptional visibility and accessibility, with MN-25 seeing over 30,000 vehicles daily and I-94 exceeding 64,000. The asking price is $2,950,000, translating to $81.94 per square foot. Surrounded by a thriving retail environment including major brands like Walmart, McDonalds, and numerous other businesses, this property offers significant redevelopment opportunities. Monticello, a rapidly growing city with a population of 14,768 and an average household income of $79,465, serves as a regional hub for the Twin Cities metropolitan area. The property's strategic location within this expanding community, coupled with its high traffic counts and surrounding retail density, presents a compelling investment prospect. This is a rare chance to acquire a substantial property in a high-growth area with immense potential for future development. The single building sits in Wright County and offers significant upside for the right investor.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1985
    Total area 36,000 SF
    Lot 2.1 ac (91,476 SF)
    UPID US46-1072259
    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
    Current use
    Occupant on record · Public records
    • Fitness Evolution Gym & Fitness Center
    • River Dog CrossFit Gym & Fitness Center
    • Daisy English Health Touch Alternative Medicine Practice
    • Cardinal Direction Wellness Alternative Medicine Practice
    • White ford duelly box truck 95 Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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