23889 Co Hwy 1

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23889 Co Hwy 1

Fergus Falls, MN 56537
Asking Price
$595K
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial warehouse available for acquisition in Fergus Falls, Minnesota
  • Asset spans 24 acres with frontage on County Highway 1
  • Current asking price is 595,000 dollars for the site
  • Pricing reflects a value below total replacement cost
  • Suitable for various industrial, logistics, or manufacturing applications

What's Special

This industrial warehouse is currently for sale, providing a strategic acquisition for investors or owner-users looking to expand operations within the Fergus Falls, Minnesota market. The facility occupies a significant 24-acre parcel that benefits from direct frontage along County Highway 1. Given the site’s substantial acreage and industrial designation, the property is well-suited for logistics, distribution, manufacturing, or large-scale equipment storage needs. The asking price is positioned below the current replacement cost for the existing improvements and the associated land value. Fergus Falls serves as a regional hub within Otter Tail County, supported by a diverse local economy and accessible transportation networks. Industrial assets in this region benefit from the connectivity provided by major thoroughfares, facilitating regional distribution. Buyers seeking a functional industrial footprint with room for operational growth or future site development will find this offering a practical choice for their portfolio.

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NOI
$80,000
Cap Rate
13.45%
DSCR
2.26
Strong
Cash-on-Cash
25.03%
Monthly Payment
$2,943.735
Annual Cash Flow
$44,675.176

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