How many Industrial Property listings are available for sale in Ely?
Currently, there are 0 Industrial Property listings for sale near Ely, MN. New industrial properties are frequently listed on LoopNet, keeping the listing options current and dynamic.
How much is an Industrial Property for sale in Ely?
The average price per square foot for Ely industrial properties for sale is about $449. Factors such as availability of loading docks or parking garages, utility connectivity, zoning regulations, size and condition of the property, etc. help determine the price for Industrial Property in Ely, MN.
What is the average size of Industrial Property available for sale in Ely?
The average size of Industrial Property available for sale in Ely, MN is approximately 6,722 SF. The largest available for sale is 10,000 SF and the smallest is 3,680 SF.
To determine the size to purchase, consider factors such as specialized features, areas for heavy machinery, type of operations, space needed for goods to be stored or manufactured, etc.
What is the average cap rate for Industrial Properties in Ely?
The average cap rate for industrial properties in the Ely, MN area is typically 11.62%, with factors including location, property type and market conditions influencing the number.
Find out more about cap rates and other factors that help determine the rate.
What are some key differences between Industrial and Warehouse space in Ely?
Industrial spaces in Ely, MN are generally tailored for manufacturing and production, equipped with heavy machinery and specialized infrastructure such as reinforced floors and extensive power systems.
In contrast, warehouse spaces prioritize storage and distribution, featuring tall ceilings, expansive floor areas, and logistical amenities like loading docks and inventory management systems.
While industrial spaces are often located near transportation hubs in Ely for raw material access, warehouses may be strategically placed for efficient distribution to consumer markets.