Property profile

308 Industrial Dr Redwood Falls, MN 56283

OFF-MARKET
Other industrial properties
Property ID
US46-2083272
13,456 SF Built 1990
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a substantial industrial building configured with a main (ground) level plus a mezzanine, providing multiple functional zones for operations that require both storage and workspace. The ground floor is arranged to support industrial uses with high ceilings for equipment and fixtures, and includes substantial on-site storage areas for inventory management. The mezzanine provides additional storage and includes office spaces and areas that could support parts-related activity. Interior surfaces include white metal wall paneling and fluorescent lighting throughout to create a bright interior environment, while concrete flooring is installed across the building for durability under heavy equipment and high-traffic conditions. Vehicular access is supported by overhead doors, and the building includes climate control systems and multiple safety and life-safety features, including fire extinguishers, a fire suppression sprinkler system, and clearly marked exits. Workstation and office areas are incorporated into the layout, supporting administrative and operational planning alongside warehouse and service functions. The overall design emphasizes operational functionality for uses such as warehousing, transportation-related logistics, vehicle maintenance, and equipment servicing.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1990
Total area 13,456 SF
APN 88-132-3012
UPID US46-2083272

Cap rate & NOI

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

Location

308 Industrial Dr Redwood Falls, MN 56283-1425
Redwood Falls metro Census 750200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.1M +1.1%

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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