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5071 Wild Rose Ln NW - Wild Rose Storage 22,336 SF Specialty Building Offered at $899,000 at a 6.70% Cap Rate in Bemidji, MN 56601

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INVESTMENT HIGHLIGHTS

  • New Construction & Expansion–Built in 2020 with an expansion completed in 2022, totaling 22,336 rentable square feet and 93 all-steel, drive up units
  • Energy Efficient Operations – Solar array offsets all utility costs and generates ~$100/month in additional income.
  • Growth Potential – Situated on 3.69 acres with room for additional storage buildings, portable units, or outdoor parking.
  • Secure & Convenient – Fenced property with manual gate access and a camera system, ensuring tenant safety and reliability.

EXECUTIVE SUMMARY

Wild Rose Storage presents investors with the opportunity to acquire a modern, high-quality self storage facility in the growing Bemidji, Minnesota market. The facility comprises 22,336 rentable square feet and 93 all-steel, drive-up units, offering tenants convenient and durable storage solutions. Originally built in 2020, the property underwent a recent expansion in 2022, further enhancing its capacity and long-term operational appeal. Situated on 3.69 acres, the site provides room for continued growth through additional storage buildings, portable units, or outdoor parking. The facility is secured with fencing, a manual gate, and a camera system, ensuring safety and peace of mind for customers.
Offered at $899,000, Wild Rose Storage is attractively priced below replacement cost. In addition to its strong physical fundamentals, the property features a solar array that offsets all utility expenses for the business while generating approximately $100 per month in additional income. With its combination of high-quality construction, expansion potential, and operational efficiencies, Wild Rose Storage represents a rare opportunity to acquire a well-positioned asset in a stable regional market.

PROPERTY FACTS Under Contract

Price $899,000
Price Per SF $40.25
Sale Type Investment
Cap Rate 6.70%
Property Type Specialty
Property Subtype Self-Storage
Lot Size 3.69 AC
Building Size 22,336 SF
No. Stories 1
Year Built/Renovated 2020/2022
  • Listing ID: 38097912

  • Date on Market: 10/16/2025

  • Last Updated:

  • Address: 5071 Wild Rose Ln NW, Bemidji, MN 56601

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