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 $671,619. Self storage property sale prices in Minnesota have a median of $350,000. The last 24 months of sales history has seen 181 sales, with 103 sales greater than $250,000, 28 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 $332 $102
Median price/sqft $45 $39
Average sold price $3,134,163 $907,639
Median sold price $300,000 $350,000
Number of sales 5,991 181
Number of sales over $250k 3,255 103
Number of sales over $1m 1,588 28
Number of sales over $10m 230 4
Average total tax amount $17,824 $21,516
Average assessed value $813,395 $671,619
Average market value $893,715 $672,449

Minnesota self storage property property averages

The average lot size of self storage properties in Minnesota is 58,887 sf. This is 30% above the United States average. The average building area is 32 sf and the median year built is 1998.

Property averages United States Minnesota
Average lot size 340,073 sf 196,045 sf
Median lot size 43,515 sf 58,887 sf
Average building area 212 sf 63 sf
Median building area 25 sf 32 sf
Median year built 1989 1998
Average number of units 73 6
Median number of units 3 3

Minnesota self storage property total supply

There are 1,867 self storage properties in Minnesota. This is 190% below the United States average. The total acerage is 5,072 acres and the aggregate building area for self storage properties in Minnesota is 57,730 sf.

Supply United States Minnesota
Number of parcels 80,900 1,867
Aggregate lot acerage 593,230 5,072
Aggregate building area 7,740,882 sf 57,730 sf
Aggregate units 1,050,559 509

Minnesota self storage property industrial mortgages

There are 1,786 mortgages for self storage properties across Minnesota in the Reonomy database. The average value of those mortgages is $5,274,237. This is 61% below the United States average.

Debt United States Minnesota
Number of mortgages 99,089 1,786
Average value of mortgages $9,982,690 $5,274,237

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