Property profile

1801 4th NE Ave 1 Barnesville, MN 56514

OFF-MARKET
Commercial real estate
Property ID
US46-0911276
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,800 square foot shop condo, located in Clay County, presents a unique investment opportunity. The property is a single-tenant space housed within a well-maintained post-frame building, boasting generous dimensions of 30 feet wide, 60 feet long, and 16 feet high. This expansive layout provides ample room for a variety of commercial uses, offering flexibility for businesses requiring significant storage or workshop space. The property is classified as a garage condominium and shop condo, ideal for those seeking a secure and dedicated space. The single-tenant occupancy ensures exclusive use and control of the entire 1,800 square feet. This property is perfect for businesses needing a large, well-structured space in a convenient Clay County location. The post-frame construction offers durability and practicality, while the ample height allows for the storage of taller equipment or inventory. This is an excellent opportunity to secure a substantial and versatile commercial space in a desirable location. Serious inquiries are encouraged to explore the potential of this unique property. The property is ready for immediate occupancy. Contact us today to schedule a viewing and discuss your business needs.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 50.058.0010
UPID US46-0911276

Cap rate & NOI

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

Location

1801 4th NE Ave, Unit 1 Barnesville, MN 56514
Barnesville metro Census 30202 FARGO, ND-MN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2022
Last sale
$11,136
1 recorded transaction
2022
$11,136

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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