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    Northside Dr Alexandria, MN 56308

    Sponsored
    For Sale
    $160,000

    0.75-acre lot, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 0.75-acre commercial lot in Alexandria, Minnesota, presents a unique opportunity for businesses seeking a prime location within city limits. Located on Northside Dr NE, near N Nokomis and with easy access to Hwy 29 N and I-94, this property boasts excellent visibility and convenient transportation links. Priced at $160,000, it offers significant value, eliminating the substantial costs often associated with developing commercial land. The site features city sewer and water connections, along with over 26,000 square feet of impervious area, simplifying the construction process. Importantly, the extensive drainage system is already in place, a significant advantage that saves both time and money. This ready-to-build lot is ideal for a variety of commercial ventures, including offices, retail spaces, storage facilities, and more. The seller is open to discussing creative financing options and build-to-suit possibilities, making this an even more attractive proposition. Don't miss this chance to establish your business in a thriving location with exceptional infrastructure and convenient access to major transportation routes. The property is situated in Douglas County, Minnesota, with a zip code of 56308.

    Property Features for 0 Northside Dr

    General Information

    Property type
    Land
    Lot Size
    32,670 SF

    HighLights

    • 0.75‑acre commercial lot in Alexandria, MN, priced at $160,000.
    • Located on Northside Dr NE, near N Nokomis, with easy Hwy 29 N & I‑94 access.
    • City sewer & water, over 26,000 sq ft impervious area, and existing drainage system.
    • Ready‑to‑build, ideal for offices, retail, or storage; seller open to creative financing & build‑to‑suit options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alexandria
    County
    Douglas
    State
    Minnesota
    Longitude
    -95.3617573
    Latitude
    45.9038958

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    FAQs

    What type of property is this?
    Land - 0.75-acre lot, ready to build.
    Where is this land located?
    The property is located at Northside Dr Alexandria, MN.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: 0.75-acre commercial lot in Alexandria, MN, priced at $160,000.; Located on Northside Dr NE, near N Nokomis, with easy Hwy 29 N & I-94 access.; City sewer & water, over 26,000 sq ft impervious area, and existing drainage system.
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    Northside Dr 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
    Northside Dr Alexandria, MN 56308
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