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    Property profile & analytics
    OFF-MARKET Estimated value $690,000
    Industrial properties

    13655 Lk NE Dr, Columbus, MN 55025-4513

    6,013 SF 5.05 ac lot Built 1982
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US46-1099598
    Property summary
    AI-generated overview

    This exceptional industrial property, located in Columbus, MN, offers a substantial 17,700 square feet of building space and a generous 42.8-acre lot. Currently undergoing significant improvements, this single-tenant property is ideally suited for distribution, manufacturing, or warehousing operations requiring extensive outdoor storage. The site is being fully upgraded to accommodate various storage needs, including the addition of gravel/class 5 surfacing to ensure stability for heavy vehicles like trucks and trailers. Further enhancements include the installation of lighting, power plugins, and a comprehensive video surveillance system for enhanced security. The property's zoning is designated C/I (Commercial/Industrial), perfectly aligning with its current and future use. This zoning allows for a wide range of industrial applications, making it an attractive option for businesses seeking a versatile and well-equipped space. The ample acreage provides significant room for expansion and flexibility in operations. This property presents a unique opportunity to establish a thriving industrial hub within Columbus's commercial landscape. The building is classified as Class C.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1982
    Construction WOOD FRAME
    Total area 6,013 SF
    Lot 5.05 ac (219,978 SF)
    APN 33-32-22-31-0007
    UPID US46-1099598
    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
    $435k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $879k
    Blend (final) Blend
    $690k
    Owner & transaction history
    EARL E HALLEY
    EARL E HALLEY
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.1M +69.9%
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