Your email has been sent.
821 3rd St 30,000 SF Vacant Flex Building Farmington, MN 55024 $3,840,000 ($128/SF) 5% Cap Rate



Investment Highlights
- No deferred maintenance on this beautiful brick building.
Executive Summary
Property Facts
| Price | $3,840,000 | Lot Size | 0.94 AC |
| Price Per SF | $128 | Rentable Building Area | 30,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Cap Rate | 5% | Year Built/Renovated | 1956/2019 |
| Property Type | Flex | Parking Ratio | 1.33/1,000 SF |
| Property Subtype | Light Manufacturing | Clear Ceiling Height | 14’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 10 |
| Zoning | B-4 Neighborhood Business - low to medium density housing combined with complementary and supporting business land uses that serve a neighborhood | ||
| Price | $3,840,000 |
| Price Per SF | $128 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5% |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 0.94 AC |
| Rentable Building Area | 30,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1956/2019 |
| Parking Ratio | 1.33/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 10 |
| Zoning | B-4 Neighborhood Business - low to medium density housing combined with complementary and supporting business land uses that serve a neighborhood |
Amenities
- 24 Hour Access
- Front Loading
- Signage
- Yard
- Accent Lighting
- Roof Terrace
- Storage Space
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
Appliance ReNew is a locally owned / operated recycle business and new mattress seller. We are a major provider of NEW (scratch and Dent) and used appliances and new mattresses in the south metro of Minneapolis / St Paul market. All of our appliances come with a parts and labor warranty. At Appliance ReNew, you can find quality used appliances to fit your needs and your budget. We sell washers, dryers, gas and electric stoves, refrigerators and more. All the appliances we sell have been inspected, serviced and certified to deliver the quality that you and your family deserve. All of our new mattresses are high quality and come with a manufacture warranty. Our goal is to deliver quality pre-owned appliances at great value for our customers.
- Expert T Billing
- Professional, Scientific, and Technical Services
- -
- -
- -
Oxygen for your Network – Like the air we breathe, our clients should take their technology for granted, stay productive and focus on what they do best.SOL-IS is a locally owned and operated IT Managed Services Provider serving the greater Minneapolis and St. Paul region. With a focus on operating as our client’s IT department. Services available can provide help desk support, consulting, proactive Managed Services and cloud computing to small businesses that cannot afford an full time IT staff.
- Wild Fig Marketing
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | - | ||
| Expert T Billing | Professional, Scientific, and Technical Services | - | - | - | ||
|
Professional, Scientific, and Technical Services | - | - | - | ||
| Wild Fig Marketing | - | - | - | - |
Property Taxes
| Parcel Number | 14-56700-00-220 | Improvements Assessment | $510,100 |
| Land Assessment | $230,300 | Total Assessment | $740,400 |
Property Taxes
Presented by
Sackett Properties & Management, Inc
821 3rd St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
