21205 Eaton Avenue

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21205 Eaton Avenue

Farmington, MN 55024
Asking Price
$2.65M
Asset Type
Warehouse Industrial
Class
Class B

What's Special

21205 Eaton Avenue, Farmington, MN 55024 <ul><li>​Approx. 21,600 SF office warehouse building on a 1.99 acre site available for sale</li><li>​One story building + mezzanine</li><li>​Built in 2004</li><li>​Four (4) dock doors</li><li>​One (1) drive-in door</li><li>​Located at Hwy 50 & Eaton Ave, in Farmington's Industrial Park - west side of Farmington (approx. 7 miles to I-35 & 2 miles to Hwy 3)</li><li>​Sprinklered</li><li>​Zoned I - Industrial</li><li>​Dakota County PID: 14-25850-03-042</li><li>​2026 RE Taxes: $43,752</li><li>​Price

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NOI
$80,000
Cap Rate
3.02%
DSCR
0.51
Underwater
Cash-on-Cash
-9.73%
Monthly Payment
$13,110.754
Annual Cash Flow
$-77,329.049

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