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Property profile & analytics
OFF-MARKET
Commercial real estate

4417 County Rd 82nd SE Alexandria, MN 56308-5490

0.92 ac lot Built 1947
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US46-1154907
Property summary
AI-generated overview

This exceptional 3,600 square foot retail property at 4417 County Road 82 SE in Alexandria, Minnesota presents a rare investment opportunity. Boasting excellent visibility on a major road, just minutes from downtown, this building offers immense potential for a variety of businesses. Recent upgrades significantly enhance its value, including a new furnace and AC unit, a completely updated electrical system, a newer roof, and a recently replaced water heater and water softener. The versatile space is perfect for a wide range of uses, from an event center or restaurant to retail shops or office spaces. The possibilities are truly limitless. A unique selling point is the inclusion of a vintage Empire Builder dining car, adding character and potential for creative business concepts. Situated on a nearly one-acre lot, the property provides convenient access and over 30 paved parking spaces. Its location adjacent to the Central Lakes Trail ensures high traffic volume and easy accessibility. This turnkey property is ready for immediate occupancy and offers a compelling combination of location, features, and potential. Don't miss this chance to own a truly one-of-a-kind commercial property in a thriving community.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1947
Lot 0.92 ac (40,075 SF)
APN 03-1799-000
UPID US46-1154907
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gwen Renae Schroeder · 8 yrs held
Gwen Renae Schroeder
since 2018
2 recorded transactions
2018
$82,500
2009
$230,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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