391 Old Hwy 12, Ortonville, MN 56278-2142
This exceptional 94,000-square-foot cold storage warehouse, situated on a 5.43-acre lot in Ortonville, Minnesota, presents a unique investment opportunity. Built in 1960 and extensively renovated in 1996, the property boasts a single-tenant occupancy and offers immediate access to Highway 12, ensuring unparalleled visibility and convenient trucking access. The warehouse features ceiling heights ranging from 16 to 20 feet, providing ample vertical space for efficient storage operations. Four loading docks facilitate smooth and efficient loading and unloading processes. The facility is equipped with robust compressors capable of maintaining temperatures down to the mid-30s, making it ideal for a wide range of temperature-sensitive goods. The property's Assessed Parcel Number (APN) is 22.1659.000. This well-maintained industrial property is available for sale or lease, with occupancy commencing in the fourth quarter of 2024. Its strategic location and functional design make it an attractive option for businesses seeking a high-quality cold storage solution. The property's single-tenant status offers stability and predictability for potential investors or lessees. Don't miss this opportunity to acquire a prime cold storage facility in a desirable location.
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Matthew Karels, Strong Realty Real Estate Agency
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Strong Incorporated Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.