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Property profile & analytics
OFF-MARKET
Land

0 Northside Dr Alexandria, MN 56308

0.75 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 0.75 ac (32,670 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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