$3,200,000$
391 Old Hwy 12 W
Ortonville, MN, 56278
About 391 Old Hwy 12 W
This is a 100% leased, single tenant NNN industrial investment in Ortonville, Minnesota. The 94,632 SF warehouse is leased to a Top Fortune 500 company in agribusiness. The building is being converted from refrigerated to ambient storage. The property offers day one cash flow from a newly executed lease. It is priced at an 11.24% in place cap rate, and built in annual rent escalations grow income over the term. At $33.82/SF, the price is a low basis for a functional industrial building.
The building sits on approximately 5 acres zoned industrial. It has four loading docks, 16’–20′ ceiling heights and full sprinkler coverage, with room to expand. The site is in the City of Ortonville’s Opportunity Zone, in an established agricultural market with regional access to Minnesota, South Dakota and North Dakota.
The building sits on approximately 5 acres zoned industrial. It has four loading docks, 16’–20′ ceiling heights and full sprinkler coverage, with room to expand. The site is in the City of Ortonville’s Opportunity Zone, in an established agricultural market with regional access to Minnesota, South Dakota and North Dakota.
Listing Provided Courtesy of RE/MAX Now (Valley City)
391 Old Hwy 12 W Property Details
Price:
$3,200,000
MLS #:
NST6825889
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Nov 17, 2025
Total Sq Ft:
94,000
Lot Size:
217,800 sqft / 5.00 acres (approx)
Year Built:
1960
Schools
School District:
Ortonville Area
Interior Features
Cooling
Zoned
Heating
Other
Levels
One
Exterior & Lot Features
Accessibility Features
None
Construction Materials
Steel Siding
Exterior Features
Metal
Garage Spaces
4
Parking Features
Parking Lot
Roof
Metal
Property Taxes & Financial Details
Tax Year
2025
Taxes
$6,843
Location
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391 Old Hwy 12 W
Ortonville, MN
