15725 Jarvis St NW Elk River, MN 55330
For Lease
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This exceptional 20,800-square-foot industrial building in Elk River, Minnesota, presents a compelling investment opportunity. Situated on a 1.89-acre lot, this Class B property boasts a single-story structure built in 1997 and renovated in 2000. The building features 20-foot ceilings, one loading dock with two dock-high doors, and ample parking for 33 vehicles. The interior includes approximately 2,080 square feet of office space, complete with five private offices, a reception area, break room, and conference room, plus a 1,400-square-foot mezzanine. The warehouse/manufacturing area offers three drive-in doors, providing convenient access for loading and unloading. The property is zoned PUD and benefits from easy access to US Highway 10/169 via Jarvis St NW. Heavy power is available on-site. This owner-occupied building is offered at $1,799,900 and presents a rare chance to acquire a well-maintained, versatile industrial space in a desirable location. The APN is 75-00805-0115. The property's steel construction and metal roof ensure durability and longevity. This is an ideal location for manufacturing, R&D, or warehouse operations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.