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15901 85th St NE 31,841 SF Specialty Building Offered at $7,203,092 CAD in Elk River, MN 55330



Investment Highlights
- Explosive population growth in the trade area — Otsego is growing 3.79% annually, up 26.17% since 2020, with a median household income of $119,927
- Significant operational upside under professional management — no online rental platform, outdated website, and no revenue management program
- Prime retail-adjacent location — situated less than half a mile from the Target-anchored shopping center at 87th Street NE
- High Quality Build and Site Security — fully paved concrete and asphalt drive aisles, complete perimeter fencing with gated access
Executive Summary
Call for Offers Due: Thursday, September 3, 2026
Property Facts
| Price | $7,203,092 CAD | Building Class | C |
| Price Per SF | $131.76 CAD | Lot Size | 5.48 AC |
| Sale Type | Investment | Building Size | 54,670 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Self-Storage | Year Built | 2004 |
| Price | $7,203,092 CAD |
| Price Per SF | $131.76 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 5.48 AC |
| Building Size | 54,670 SF |
| No. Stories | 1 |
| Year Built | 2004 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 118-096-001040 | Improvements Assessment | $4,860,979 CAD |
| Land Assessment | $1,357,921 CAD | Total Assessment | $6,218,900 CAD |
Property Taxes
Parcel Number
118-096-001040
Land Assessment
$1,357,921 CAD
Improvements Assessment
$4,860,979 CAD
Total Assessment
$6,218,900 CAD
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15901 85th St NE
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