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Property profile & analytics
FOR LEASE
Manufacturing properties

520 N 8Th St Lake City, MN 55041

288,418 SF 3.64 ac lot Built 1940
Entity Owned Absentee Owner Free & Clear
Property ID
US46-1365444
Property summary
AI-generated overview

This exceptional industrial property at 520 N 8th Street in Lake City, Minnesota, offers a unique opportunity for businesses seeking flexible and spacious accommodations. The building boasts a total of 336,223 square feet, with multiple tenancy options available. Currently, there is 65,698 square feet of vacant space ready for immediate occupancy. Units can be leased in sizes ranging from a minimum of 12,595 square feet to a maximum contiguous space of 53,103 square feet, providing ample room for various business needs. The property's industrial nature is enhanced by a 16-foot ceiling height, providing excellent vertical space for storage or equipment. For convenient loading and unloading, the building features one drive-in bay. The property is classified as both Traditional Office and Warehouse space, making it suitable for a wide range of uses. Located in Lake City, MN, zip code 55041, this property offers a strategic location with easy access to transportation routes. This is an excellent opportunity to secure a substantial and versatile industrial space in a desirable location. Inquire today to learn more about leasing options and to schedule a viewing.

Property profile
Verified
Property type Manufacturing properties
Use group HEAVY MANUFACTURING
Year built 1940
Total area 288,418 SF
Lot 3.64 ac (158,460 SF)
APN R22.01058.00
UPID US46-1365444
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
  • Federal-Mogul TP Liners Industrial Manufacturer Production Facility
  • Federal-Mogul Corporation Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$965k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.89M
Blend (final) Blend
$1.43M
Owner & transaction history
FEDERAL MOGUL POWERTRAIN INC
FEDERAL MOGUL POWERTRAIN INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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