215 2nd SW St Braham, MN 55006

OFF-MARKET

Industrial properties

Property ID

US46-1594267

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0.21 ac lot

Entity Owned 18-yr Hold Absentee Owner Free & Clear

This expansive industrial property at 215 2nd Street SW in Braham, Minnesota, presents a unique investment opportunity. The site encompasses approximately 1.33 acres and features three main buildings with significant square footage. The largest building measures 84 feet by 122 feet, providing substantial space for various industrial or commercial uses. Two additional buildings, measuring 24 feet by 52 feet and 28 feet by 36 feet respectively, offer further flexibility. The property also includes several lean-to structures, adding to the overall usable area. Dimensions of the lean-tos are 160 feet by 36 feet and 20 feet by 60 feet. The total building area is 20,361 square feet. The property's history as the Braham Lumber Yard suggests a strong foundation and potential for adaptive reuse. Please note that there is mold present in the front office area. The acreage provided is an estimate from county records

Property type Industrial properties

Use group MIXED USE (COMMERCIAL/INDUSTRIAL)

Lot 0.21 ac (9,148 SF)

APN 14.056.1040

UPID US46-1594267

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

AI Approach AI

$235k

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$235k

since 2008

2 recorded transactions

2008

$630,000

2006

$150,000

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$3,425,000

39,060 SF

Braham, MN 55006

MIXED USE (COMMERCIAL/INDUSTRIAL)

Braham, MN 55006

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Value Estimation
$310,000

9,344 SF

216 Main S Ave

MIXED USE (COMMERCIAL/INDUSTRIAL)

216 Main S Ave, Braham, MN 55006

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Value Estimation
$255,000

6,000 SF

104 Central W Dr

MIXED USE (COMMERCIAL/INDUSTRIAL)

104 Central W Dr, Braham, MN 55006-3797

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Value Estimation
$665,000

6,528 SF

100 Main S St

MIXED USE (COMMERCIAL/INDUSTRIAL)

100 Main S St, Braham, MN 55006

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Value Estimation
$230,000

0.20 Acres

Braham, MN 55006

MIXED USE (COMMERCIAL/INDUSTRIAL)

Braham, MN 55006

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Value Estimation
$300,000

9,152 SF

216 Main S Ave

MIXED USE (COMMERCIAL/INDUSTRIAL)

216 Main S Ave, Braham, MN 55006

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