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    Property profile & analytics
    OFF-MARKET Estimated value $825,000
    Warehouses

    20 Locust St, Faribault, MN 55021

    6,450 SF 3.01 ac lot Built 2017
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US46-1265889
    Property summary
    AI-generated overview

    This exceptional 264-square-foot office space is ideally situated just blocks from downtown Faribault. Recently renovated, this single-tenant property boasts a wealth of modern amenities designed for optimal comfort and productivity. The space features brand new flooring and fresh paint throughout, creating a bright and inviting atmosphere. Climate control is ensured with a combination of window air conditioning for cooling and in-floor heating for warmth, providing year-round comfort. Privacy is paramount with a newly remodeled private bathroom included within the suite. Furthermore, the building benefits from facility-wide security monitoring, offering peace of mind for tenants. This is a perfect solution for a small business or individual professional seeking a well-appointed, conveniently located office space. The property is offered as a single-tenant occupancy, providing exclusive use and control of the space. Interested parties should contact the provided number for rental information. This move-in ready office presents a fantastic opportunity to establish a professional presence in a vibrant downtown location.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 2017
    Total area 6,450 SF
    Lot 3.01 ac (131,116 SF)
    APN 18.31.4.26.151
    UPID US46-1265889
    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
    • Faribault Storage - Locust Storage Facility
    • A & J Self Storage Storage Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $825k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $946k
    Blend (final) Blend
    $825k
    Owner & transaction history
    Rebound Fairbault Storage LLC · 2 yrs held
    Rebound Fairbault Storage LLC
    since 2024
    Last sale
    $825,000
    3 recorded transactions
    2024
    $825,000
    2024
    2010
    $110,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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