3507 Dakota StAlexandria, MN 56308

  • Office properties
  • 631 SF
For Lease
$10.48/SF/YR View listing

Property Details for 3507 Dakota St

Year built
2016
Lot size
1.57 AC
Property size (Sq ft)
631 SF
Property type
Office properties
Property subtype
Other office properties
APN
63-3138-935
APU
633138935

Description

This exceptional single-tenant industrial property, located at 3507 Dakota Street in Douglas County, offers 5,154 square feet of versatile space ideal for manufacturing, warehousing, or distribution operations. The building features a 16-foot ceiling height, providing ample vertical storage capacity. Ten convenient drive-in doors ensure efficient loading and unloading of goods, streamlining operations and maximizing productivity. The property boasts a fully fenced outdoor area, providing ample space for storage, equipment, or expansion opportunities. The absence of elevators is offset by the generous drive-in access, making this space particularly well-suited for businesses that prioritize ground-level operations. This single-building property presents a unique opportunity for businesses seeking a functional and well-located industrial space. Its strategic location in Douglas County offers easy access to major transportation routes, facilitating seamless logistics and distribution. The property's layout and features are designed to optimize workflow and enhance operational efficiency. The combination of indoor and outdoor space makes this an attractive option for businesses requiring both storage and operational areas. This property is ready for immediate occupancy and presents a compelling investment opportunity for businesses seeking to establish or expand their operations in a prime industrial location. The fully fenced rear area provides added security and privacy. This is a rare opportunity to acquire a well-maintained and strategically located industrial property in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $116,013
    6.5%
    $107,089
    7%
    $99,439
  • Comparable approach

    Method
    Valuation
    Relative Method
    $32,206
    Geo Method
    $32,206
  • Alternative Use

    Use
    Valuation
    Residential
    $132,790
    Hospitality
    $121,635
    Educational
    $101,199
    Medical
    $104,679
    Retail
    $157,420
3507 Dakota St, Alexandria, Minnesota

Location Insight

City
Alexandria
County
Douglas
State
Minnesota
Latitude
45.8583
Longitude
-95.3922
CBSA code
10820
CBSA name
ALEXANDRIA, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,978
$114,900
$254,100
$369,000
-
$114,900
$254,100
$369,000

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