0 SW Corner 330th St/830th Ave

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0 SW Corner 330th St/830th Ave

Ellendale, MN 56026
Asking Price
$1.46M
Asset Type
Land
Class
Class B

What's Special

This 17-acre land parcel is located at the southwest corner of 330th Street and 830th Avenue in Ellendale, Minnesota. Positioned within Steele County, the site features immediate proximity to Interstate 35, a primary north-south transportation artery connecting the Twin Cities to Iowa. The surrounding neighborhood is characterized by a mix of agricultural operations and rural industrial facilities. Local amenities in the nearby town of Ellendale include essential retail services and regional cooperative hubs, supporting the logistical needs of businesses operating along the interstate corridor. The property is suited for industrial development, agricultural ventures, or outdoor storage facilities. Ideal use cases include distribution centers, cold storage, or heavy equipment dealerships that require high visibility and easy highway access. Potential occupants typically include logistics providers, regional agricultural suppliers, or manufacturing firms seeking a strategic location between Owatonna and Albert Lea. The flat topography and straightforward road access accommodate large vehicle maneuvering and specialized facility construction tailored to rural commercial requirements.

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NOI
$80,000
Cap Rate
5.47%
DSCR
0.92
Underwater
Cash-on-Cash
-1.56%
Monthly Payment
$7,236.394
Annual Cash Flow
$-6,836.73

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