4187 16th NW St, Backus, MN 56435-2101
This exceptional commercial property, situated on the highly trafficked MN Highway 371 between Backus and Hackensack, presents a remarkable investment opportunity. Boasting 2.94 acres of land and 559 feet of road frontage, this location ensures maximum visibility for any business. The substantial 4,954 square foot building offers versatile space, ideal for a variety of commercial uses. The layout includes a sizable 50 x 32 foot office area, perfect for administrative functions or client interaction. A generous 46 x 29 foot shop provides ample room for workshops, storage, or manufacturing, depending on the intended business. Additionally, a 38 x 12 foot storage area offers extra space for inventory or equipment. The property is being sold "as is," providing an opportunity for buyers to customize and develop the space to meet their specific needs. This prime location and substantial building size make this a rare find in the Backus area. Don't miss this chance to establish your business in a highly visible and accessible location. The property's size and highway frontage offer significant potential for growth and expansion.
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
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.