Self storage property in Minnesota

Search self storage property records in Minnesota to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through Minnesota commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

Popular searches around Minnesota

Reonomy operates the most comprehensive database for Minnesota Self Storage Property and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Minnesota commercial real estate professionals. Members from Minnesota include brokers, investors and service providers, many of whom specialize in Minnesota Self Storage Property.

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Minnesota self storage property sold prices and values

The average assessed value of self storage properties in Minnesota is $712,099. Self storage property sale prices in Minnesota have a median of $360,000. The last 24 months of sales history has seen 188 sales, with 117 sales greater than $250,000, 32 sales valued at over $1,000,000, and 4 sales valued at over $10,000,000. The average price per square foot of self storage properties in Minnesota over the last 24 months is $39.

Values and sold prices (last 24 months) United States Minnesota
Average price/sqft $495 $95
Median price/sqft $44 $39
Average sold price $3,216,305 $993,961
Median sold price $298,704 $360,000
Number of sales 5,953 188
Number of sales over $250k 3,213 117
Number of sales over $1m 1,619 32
Number of sales over $10m 246 4
Average total tax amount $17,864 $22,827
Average assessed value $822,856 $712,099
Average market value $941,930 $713,693

Minnesota self storage property property averages

The average lot size of self storage properties in Minnesota is 55,673 sf. This is 24% above the United States average. The average building area is 29 sf and the median year built is 1997.

Property averages United States Minnesota
Average lot size 309,736 sf 192,148 sf
Median lot size 43,523 sf 55,673 sf
Average building area 236 sf 61 sf
Median building area 25 sf 29 sf
Median year built 1989 1997
Average number of units 73 6
Median number of units 3 4

Minnesota self storage property total supply

There are 1,852 self storage properties in Minnesota. This is 191% below the United States average. The total acerage is 5,011 acres and the aggregate building area for self storage properties in Minnesota is 55,185 sf.

Supply United States Minnesota
Number of parcels 81,948 1,852
Aggregate lot acerage 555,961 5,011
Aggregate building area 8,624,182 sf 55,185 sf
Aggregate units 1,056,944 496

Minnesota self storage property industrial mortgages

There are 1,751 mortgages for self storage properties across Minnesota in the Reonomy database. The average value of those mortgages is $3,485,028. This is 95% below the United States average.

Debt United States Minnesota
Number of mortgages 102,058 1,751
Average value of mortgages $9,897,942 $3,485,028

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