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Insulated Heated Flex Space
For Sale
$800,000

24104 755th Ave, Albert Lea, MN 56007

The layout combines warehouse, shop, office, and mezzanine areas under one roof.

Property Size12,330 SF
Lot Size22.00 Acres
Price / SF$64.88
Days on Market107

Property Features for 24104 755th Ave

General Information

Standard status Active
Size 12,330 SF
Lot size 22.00 Acres

Site & Location

Highway Access Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 20 ft
Warehouse Space 7,670 SF
Office Build-Out 330 SF
Mezzanine 330 SF
Dock-High Doors 6

Taxes and HOA fees

Annual Taxes $10,988

Building Details

Buildings 2
Building Size 12,330 SF
Listing Agency: REMAX Results
Listed By: Bryce A Caldwell · License #40789488
Source: Exprealty
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 8 at 9:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX Results

Investment Insights

Based on property information with market context.

This flex property includes a 12,330-square-foot commercial building on 22 acres. The main structure contains approximately 7,670 SF of warehouse space, 4,000 SF of shop area, 330 SF of office space, and a 330 SF mezzanine. The building is insulated and heated, with 20-foot interior clear height, 17-foot overhead doors, one loading dock, and five additional outdoor dock positions.

A partially completed ~8,000 SF secondary structure is also located on the site. The acreage provides space for outdoor storage, fleet parking, and equipment staging, while the existing improvements have supported manufacturing and recycling uses. The property is positioned 1 mile from Interstate 90 at 24104 755th Ave in Albert Lea, Minnesota, near an assisted living community, electric company, autobody and graphics shop, county offices, and a church.

Key Highlights

  • 12,330‑square‑foot commercial building on 22 acres
  • Approximately 7,670 SF of warehouse and 4,000 SF of shop space
  • 20‑foot interior clear height with 17‑foot overhead doors

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Department Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20 ft
Clear height
6
Dock-high doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

Demographics for 56007, MN

21,434
Population
9,873
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
88%
High-School Grad
169.3 sq mi
ZIP Area
127
Density / Sq Mi
$66,479
Median Household Income
$43,867
Median Earnings
$843
Median Rent
$161,100
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - The layout combines warehouse, shop, office, and mezzanine areas under one roof.
Where is this flex space located?
The property is located at 24104 755th Ave Albert Lea, MN.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 12,330‑square‑foot commercial building on 22 acres; Approximately 7,670 SF of warehouse and 4,000 SF of shop space; 20‑foot interior clear height with 17‑foot overhead doors
More about this property
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