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Property profile & analytics
OFF-MARKET
Industrial properties

205 12th 5th SW St Elysian, MN 56028-9618

9,600 SF 0.77 ac lot Built 2002
Entity Owned 8-yr Hold Free & Clear
Property ID
US46-2118475
Property summary
AI-generated overview

This exceptional investment opportunity in Elysian, Minnesota, presents a 2-acre mixed-use property ideally situated just 25 minutes east of Mankato. The property boasts fully rented, high-demand self-storage units, generating immediate income. A significant asset is a large 3600 sq ft building with potential rental income exceeding $3000 per month. Further enhancing the property's value is a substantial 60' x 60' machine shed, offering versatile rental options for boats, RVs, or commercial use. The property also includes a former daycare/nursery, presenting an opportunity for restoration or redevelopment to expand commercial potential. The property's location near five busy lakes caters to the high demand for boat and recreational vehicle storage. Its convenient highway access and existing infrastructure provide a "plug-and-play" advantage, allowing for immediate expansion and increased return on investment. The asking price is $849,000. Significant expansion potential exists, with the possibility of adding multiple large buildings or numerous smaller storage units on the ample land. This property offers a rare blend of immediate income and substantial future growth potential.

Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 2002
Construction WOOD
Total area 9,600 SF
Lot 0.77 ac (33,541 SF)
APN 16.410.1020
UPID US46-2118475
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
  • Elysian Self Storage Storage Facility
  • The Rusty Flamingo Home Decor Store Department Store
  • Anabela Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
546 Net LLC · 8 yrs held
546 Net LLC
since 2018
2 recorded transactions
2018
$300,000
2007
$190,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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