Property profile

3511 County Road 8 NW 2 Baudette, MN 56623

FOR SALE
Industrial properties
Property ID
US46-2665108
10 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional Baudette, Minnesota property, located at 3511 County Road 8 NW (APN 192712010), offers a unique opportunity to lease brand new commercial condo units. Situated on a 10-acre lot zoned for Business/Commercial use, this single-tenant property features climate-controlled garages available in two sizes: 20' x 40' and 26' x 40'. Each unit boasts a private bathroom, 14' insulated electric door and service door, 16' walls and ceilings, and is individually metered for utilities. In-floor heat and air conditioning ensure year-round comfort. Units include 120V and 240V power, a 50-amp RV outlet, and a floor drain. 24/7 access is provided, along with pre-wired internet and security cameras. Ideal for storing and working on hobbies, ATV's, non-hazardous commercial inventory, or equipment. Commercial tenants are welcome. Monthly lease rates range from $880 to $1,144, with a 12-month lease term. Construction is currently underway, with occupancy anticipated in Fall 2024. Contact us for detailed information, including current construction photos, and to secure your space. This property is perfect for a variety of uses, from personal storage to commercial operations.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 10 ac (435,600 SF)
APN 19.27.12.010
UPID US46-2665108

Cap rate & NOI

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

Location

3511 County Road 8 NW, Unit 2 Baudette, MN 56623
Baudette metro Census 460402
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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