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Office-Warehouse Flex Property
New
For Sale
$599,900

404 Airport Road, Albert Lea, MN 56007

Office and retail space accompanies a larger warehouse area near the airport, with access to I90.

Property Size13,720 SF
Price / SF$43.72
Days on Market4

Property Features for 404 Airport Road

General Information

Standard status Active
Size 13,720 SF
Property subtype Commercial
Zoning Business/Commercial

Site & Location

Highway Access Yes
Mixed-Use Components retail, warehouse

Additional Details

Warehouse Space 11,280 SF

Taxes and HOA fees

Annual Taxes $14,702

Building Details

Year Built 1940
Units 1
Building Size 13,720 SF
Listing Agency: Leland Realty
Listed By: Steven Lehner
Source: Getyoumoved
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 3:27PM

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 Leland Realty

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Investment Insights

Based on property information with market context.

This 13,720-square-foot flex property includes 2,440 square feet of office/retail space and 11,280 square feet of warehouse area. Built in 1940, the property is zoned Business/Commercial.

Located near the airport, the property also offers access to I90. It is available for sale or lease.

Key Highlights

  • 13,720 square feet total, with 2,440 square feet of office/retail and 11,280 square feet of warehouse space
  • Access to I90 and proximity to the airport
  • Built in 1940; zoned Business/Commercial

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Plumbing Service Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

214
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Food Service & Catering — 2200 Hi Tec Ave, Albert Lea, MN 56007
  • Hy-Vee Catering — 2708 Bridge Ave, Albert Lea, MN 56007

Frequently Asked Questions

What type of property is this?
Flex space - Office and retail space accompanies a larger warehouse area near the airport, with access to I90.
Where is this flex space located?
The property is located at 404 Airport Road Albert Lea, MN.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 13,720 square feet total, with 2,440 square feet of office/retail and 11,280 square feet of warehouse space; Access to I90 and proximity to the airport; Built in 1940; zoned Business/Commercial
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