Positioned along the high-visibility US Highway 169 corridor, this single-story industrial property delivers a compelling investment opportunity with a notable 15.2% cap rate. Encompassing 3,800 square feet on a 0.55-acre parcel, the asset is currently structured for single tenancy with Class C construction standards and essential utilities in place, including gas, water, and sewer connections. The building features a clear ceiling height of 12 feet, one grade-level drive-in door, and a parking ratio of 1.32 spaces per 1,000 SF, accommodating operational flexibility for warehousing or light industrial use.
Recent property assessments reflect land and structural valuations totaling $238,700, supporting favorable economics for long-term ownership or redevelopment. The site’s positioning on US Highway 169 provides outstanding connectivity and visibility, ensuring consistent traffic exposure and access to surrounding commercial and industrial markets. Zimmerman’s strategic location within Sherburne County affords proximity to high-growth regions while maintaining cost efficiency compared to larger metro submarkets.
Whether maintained as an income-generating asset or repositioned for alternative uses, this property’s location and specifications underscore its adaptability in today’s market. The combination of existing structure, commercial zoning, and a drivable surrounding environment positions it well for businesses or investors seeking leverage in Minnesota’s industrial sector.