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    OFF-MARKET
    Gas stations

    391 Old Hwy 12, Ortonville, MN 56278-2142

    92,446 SF 5.45 ac lot Built 1960
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US46-1996917
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Gas stations
    Use group SERVICE STATION (FULL SERVICE)
    Year built 1960
    Total area 92,446 SF
    Lot 5.45 ac (237,402 SF)
    APN 22-1659-000
    UPID US46-1996917
    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
    • Matthew Karels, Strong Realty Real Estate Agency
    • Strong Incorporated Real Estate Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    BIG STONE WAREHOUSING LLC
    BIG STONE WAREHOUSING LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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