7826 Unit 9 County Rd 42 NE, Alexandria, MN 56308
Lots & Land - Alexandria, MN
- Added:
- Jun 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 10 at 5:06 am
Property Features for 7826 Unit 9 County Rd 42 NE
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Other
- Standard status
- Active
- APN
- 120830140
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 1932
- Expense value
- 450
- Expense
- Home Owner Assessments Fee
- Expense freq.
- Annually
Building Details
- Architectural style
- Other
Listing agent Jeffrey M Reed (320) 760-5003
Listing office Counselor Realty Inc of Alex 211 Broadway St, Alexandria, MN (320) 762-1111
Listing date Jun 9, 2026
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- New 48x80 storage building planned in a development with only 9 units.
- Heated and insulated: steel lined, in‑floor heat powered by a natural gas boiler.
- Includes overhead doors: 2 doors, each 14' tall.
- Unit layout planned with a kitchen, bathroom, and loft areas.
- Connected to ALASD sanitary sewer system and natural gas.
- Access off a county highway with association‑maintained lawn and snow removal.
Overview
Access is off a County Highway, supporting easy in-and-out use in any season. The development includes association-maintained lawn and snow removal. Utilities are connected to the ALASD sanitary sewer system and natural gas.
For operators and tenants needing year-round storage with straightforward drive-in access, the heated design and tall overhead doors can support a range of equipment and storage requirements. The presence of a kitchen, bathroom, and loft area adds practical onsite functionality for staff or daily use, while the association-managed exterior maintenance supports consistent property upkeep.
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.8k | $12.96 |
| − Vacancy | −$2.5k | −$0.65 |
| EGI | $47.3k | $12.31 |
| − OpEx | −$14.2k | −$3.69 |
| NOI | $33.1k | $8.62 |
Alternative Uses
Current Use by Public Records
Map
- City
- Alexandria
- County
- Douglas
- State
- Minnesota
- Longitude
- -95.32084215
- Latitude
- 45.97548564
