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Property profile & analytics
FOR LEASE
Warehouses

300 W Nichols St St Peter, MN 56082

4,000 SF 0.05 ac lot Built 1996
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US46-2323840
Property summary
AI-generated overview

This exceptional investment opportunity presents a 31,184 square foot warehouse in Saint Peter, Minnesota, featuring 137 units within a 2.32-acre lot (APN 19.705.0110). Zoned I-2 General Industrial, the property boasts 13' 8" ceilings and offers 24/7 accessibility, enhancing its appeal to a diverse tenant base. The facility is equipped with comprehensive camera security, providing peace of mind for tenants and maximizing its value. Located at 300 W Nichols St, Saint Peter, MN 56082, this property benefits from a prime location in a growing area, catering to both residential and commercial storage needs. Units are double secured and feature larger-than-standard sizes, maximizing storage volume and attracting tenants with significant storage requirements. The property's strategic location and robust security features contribute to high tenant retention and strong income potential. This well-maintained facility presents a compelling investment opportunity with significant upside potential and room for expansion, making it an attractive addition to any portfolio. The property's accessibility and security features make it a standout choice for tenants, further enhancing its investment value.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1996
Construction FRAME
Total area 4,000 SF
Lot 0.05 ac (2,214 SF)
APN 19.705.0110
UPID US46-2323840
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
  • St. Peter Storage Storage Facility
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
St Peter Storage LLC · 1 yrs held
St Peter Storage LLC
since 2025
1 recorded transaction
2025
$1.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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