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    Xxxx Dakota St Alexandria, MN 56308

    For Sale
    $540,000

    4.4 Acres, B-1 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 4.4-acre commercial land parcel presents a remarkable investment opportunity in the thriving Alexandria, Minnesota business district. Located on Dakota Street, this property boasts a highly desirable B-1 General Business zoning designation, opening doors to a wide array of commercial ventures. Its strategic location offers unparalleled visibility and accessibility, situated directly adjacent to major retail anchors including Viking Bank, Target, Starbucks, UPS, and Walmart, ensuring high foot traffic and brand recognition. The property's proximity to an industrial park employing thousands further enhances its appeal, providing a robust customer base and workforce pool. The site's versatility extends beyond retail; its location near residential areas and churches makes it suitable for an apartment complex, while the presence of scenic wetlands adds to its aesthetic value. Utilities are readily available, with sewer, water, electric, and fiber optic connections already established on Dakota Street. The property offers the flexibility to develop the entire 4.4 acres or consider dividing it for smaller-scale projects. This is a rare chance to acquire a prime commercial site in a bustling and growing community. Don't miss this opportunity to establish your business in a location with exceptional visibility and access to a large customer base. The potential for significant return on investment is undeniable.

    Property Features for 0 Xxxx Dakota St

    General Information

    Property type
    Land
    Lot Size
    191,664 SF

    HighLights

    • $540,000 asking price.
    • 4.4‑acre commercial land parcel.
    • B‑1 General Business zoning.
    • Located in Alexandria, MN, near Viking Bank, Target, Starbucks, and other major retailers.
    • Utilities (sewer, water, electric, fiber optic) available on Dakota St.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Alexandria
    County
    Douglas
    State
    Minnesota
    Longitude
    -95.3858135
    Latitude
    45.8505447

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    FAQs

    What type of property is this?
    Land - 4.4 Acres, B-1 Zoning, High Traffic
    Where is this land located?
    The property is located at Xxxx Dakota St Alexandria, MN.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: $540,000 asking price.; 4.4-acre commercial land parcel.; B-1 General Business zoning.
    Request Owner's contact information
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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
    Xxxx Dakota St Alexandria, MN 56308
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