Plymouth, Minnesota, is an attractive location for investors looking to purchase industrial properties, with its strong economy and excellent infrastructure. Industrial properties in Plymouth offer a range of investment opportunities, from manufacturing and logistics to research and development. As a hub for corporate headquarters, Plymouth is home to companies like OneBeacon, Select Comfort, Christopher & Banks, and Tonka Water, making it an ideal location for businesses looking to establish a presence in the Minneapolis-St. Paul metropolitan area. The city's amenities, including the Park Nicollet Plymouth Clinic and WestHealth Medical Center, as well as its parks and sports facilities, such as French Regional Park and the Plymouth Ice Center, make it an attractive location for businesses and employees alike. Additionally, Plymouth's education institutions, including Association Free Lutheran Bible School and Seminary and West Lutheran High School, provide a skilled workforce. With its humid continental climate and average summer daytime temperatures reaching around 83 °F, Plymouth is a great place for business and travel, with attractions like Medicine Lake and the Medicine Lake Regional Trail offering opportunities for outdoor recreation.
Currently, there are 3 industrial properties for sale in Plymouth, with an average price per square foot of $156 USD and an average size of 20,218 square feet. The largest property available is 27,553 square feet. In addition to industrial properties, Plymouth also offers a range of other property types, including warehouses, with their proximity to Interstate 494 and U.S. Highway 169 making them ideal for logistics and distribution. Land is also available for development, with opportunities for commercial and residential projects. Apartment buildings are another option, with many existing complexes in the area offering a range of amenities for residents. Commercial real estate, including office buildings and retail spaces, is also available, with many properties located in the city's central business district. Overall, Plymouth offers a range of investment opportunities for businesses and individuals looking to establish a presence in the Minneapolis-St. Paul metropolitan area.
What is the average price per square foot for industrial properties in Plymouth?
The average price per square foot for industrial properties in Plymouth is $156 USD, with an average size of 20,218 square feet and a largest size of 27,553 square feet, among the 3 available listings.
How do location and transportation access affect industrial property values?
In Plymouth, Minnesota, the location and transportation access of industrial properties significantly impact their values, with proximity to major highways and transportation routes being a key factor in determining property values.
- Industrial properties located near Interstate 494, U.S. Highway 169, and Minnesota State Highway 55, which provide connections to other major areas in the region, tend to have higher values due to their accessibility and convenience.
- The city's infrastructure, including its 300 miles of city streets and 863 cul-de-sacs, also plays a role in determining property values, with properties located in areas with well-maintained infrastructure typically commanding higher prices.
- Additionally, the presence of major employers and corporate headquarters in Plymouth, such as OneBeacon, Select Comfort, Christopher & Banks, and Tonka Water, can also impact industrial property values, as properties located near these companies may be more attractive to businesses and investors.
Currently, there are 3 industrial properties for sale in Plymouth, with an average price per square foot of $156 USD and an average size of 20,218 square feet, ranging up to 27,553 square feet.
