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    1422 Broadway St Alexandria, MN 56308

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    For Lease
    $13 SF/Yr ($5,505 /Mo)

    Highly visible commercial land for lease on Broadway Street.

    Property size:
    5,082 SF
    Lot size:
    0.80 Acres

    Property Features for 1422 Broadway St

    General Information

    Size
    5,082 SF
    Lot size
    0.80 Acres

    Source: Upland Real Estate Group, Inc Agent Chad Sturm

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

    Overview

    Prime Commercial Land on Broadway

    This commercial land is strategically positioned on Broadway Street, a major thoroughfare in Alexandria. The property's zoning offers flexibility for a wide range of businesses. It is situated in a bustling part of Alexandria with a mix of residential and commercial properties. The property size is 5082 square feet. All fuel pumps, tanks, and canopies are to be removed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Douglas
    State
    Minnesota
    Longitude
    -95.3780835
    Latitude
    45.8758242

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    FAQs

    What type of property is this?
    Gas station - Highly visible commercial land for lease on Broadway Street.
    Where is this gas station located?
    The property is located at 1422 Broadway St Alexandria, MN.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Strategic location on Broadway Street, a major thoroughfare.; - Flexible zoning suitable for a wide range of businesses.; - Situated in a bustling area with mixed residential and commercial properties.
    (612) 436-1122
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    1422 Broadway St Alexandria, MN 56308
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    Alexandria, MN 56308
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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
    1422 Broadway St Alexandria, MN 56308
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