0 Northside Dr Alexandria, MN 56308
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.