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    210 N St Mary Ave Albert Lea, MN

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    For Sale
    $1,000,000

    Large office building near Mayo Clinic with business opportunities.

    Property size:
    17,200 SF
    Lot size:
    1.71 Acres

    Property Features for 210 N St Mary Ave

    General Information

    Size
    17,200 SF
    Lot size
    1.71 Acres

    Source: Hamilton Real Estate Agent Ari Kolas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Raw Office Space Near Clinic

    This property features a substantial amount of raw office space, situated on a 1.71-acre lot. The building has a footprint of 17,200 square feet, offering approximately 30,000 square feet of total space. Its location is near the Mayo Clinic and Fountain Lake. The multiple offices and entrances allow for various configurations and different business opportunities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Albert Lea
    County
    Freeborn
    State
    Minnesota
    Longitude
    -93.3686555
    Latitude
    43.6478006

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    FAQs

    What type of property is this?
    Office building - Large office building near Mayo Clinic with business opportunities.
    Where is this office building located?
    The property is located at 210 N St Mary Ave Albert Lea, MN.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Great location near Mayo Clinic and Fountain Lake; - Large 17,200 SF building footprint with +/- 30,000 SF total space; - Situated on a huge 1.71-acre lot
    (507) 271-5553
    Request Owner's contact information
    210 N St Mary Ave Albert Lea, MN
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    Albert Lea, MN
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    210 N St Mary Ave Albert Lea, MN
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