Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    84601 Olson Ave Madelia, MN

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,999,999

    Freestanding retail building on a large commercial lot.

    Property size:
    11,414 SF
    Lot size:
    4.71 Acres

    Property Features for 84601 Olson Ave

    General Information

    Size
    11,414 SF
    Lot size
    4.71 Acres

    Source: CBRE - Minnesota Agent Matt P Friday

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

    Overview

    Retail Building on 4.71 Acres

    This is a freestanding retail building constructed in 2004. The building has 11,414 square feet of space and is situated on a 4.71-acre lot. The property is zoned commercial. Traffic counts on MN 60 are 10,888 vehicles per day.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Gym & Fitness Building Supply Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Hope & Faith Floral Studio & Gifts - Downtown Madelia

    Location Insight

    • Map
    • Local Demand
    City
    Madelia
    County
    Watonwan
    State
    Minnesota
    Longitude
    -94.417526
    Latitude
    44.045818

    Nearby Similar for Lease

    • Contact for pricing
      3,200 SF

      Prime Retail or Office Space

      Move-in ready retail or office space with excellent frontage.
      19 Gage Ave NE, Madelia, MN 56062
      View Details

    FAQs

    What type of property is this?
    Storefront property - Freestanding retail building on a large commercial lot.
    Where is this storefront property located?
    The property is located at 84601 Olson Ave Madelia, MN.
    What are key features of this property?
    This property features: - Freestanding 11,414 SF building on 4.71 acres; - Zoned Commercial; - High visibility with 10,888 vpd on MN 60
    (612) 336-4209
    Request Owner's contact information
    84601 Olson Ave Madelia, MN
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    84601 Olson Ave
    Madelia, MN
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    84601 Olson Ave Madelia, MN
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.