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    FOR SALE
    Commercial real estate

    401 4Th St, Courtland, MN 56021

    13,686 SF 82.49 ac lot Built 1981
    Individually Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US46-2605696
    Property summary
    AI-generated overview

    This exceptional business opportunity encompasses a fully operational sawmill situated on a sprawling 41.24-acre lot in Courtland, Minnesota. The property boasts substantial existing structures, ideal for immediate use and expansion. The main building offers a generous 13,686 square feet of space, complemented by a 3,000 square foot planer building, a 1,020 square foot outbuilding, a 660 square foot steambox, an 800 square foot kiln, and two sizable warehouses totaling 22,400 square feet (11,200 sq ft each). An additional 1,200 square foot electric building provides further utility. The total building square footage across all structures is 42,766 square feet. This expansive property presents a rare chance to acquire an established business with significant growth potential. The seller is open to considering contract for deed financing, offering a flexible acquisition option for qualified buyers. All measurements should be independently verified by the buyer. This turnkey operation is ready for a new owner to capitalize on its established infrastructure and market position. The property's size and existing buildings provide ample room for expansion and diversification of operations. This is a unique opportunity to own a substantial commercial property in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1981
    Construction STEEL FRAME
    Total area 13,686 SF
    Lot 82.49 ac (3,593,264 SF)
    APN 14.892.0080
    UPID US46-2605696
    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
    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
    Minnesota Valley Forest Products In · 4 yrs held
    Minnesota Valley Forest Products In
    since 2022
    Last sale
    $225,000
    6 recorded transactions
    2022
    2021
    $225,000
    2019
    $32,000
    2019
    $18,000
    2018
    $177,585
    2013
    $45,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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