0 Nevada St Alexandria, MN 56308
Exceptional 116.92-acre commercial land opportunity in Alexandria, Minnesota, ideally situated near I-94, offering unparalleled visibility and accessibility. This expansive property, comprised of six contiguous parcels (APN: 63-3535-000, 63-3500-000, 63-3500-005, 63-3500-020, 63-3500-100, 63-3500-200), is zoned Commercial - B1 and presents a unique chance for large-scale development. Its strategic location adjacent to the Alexandria Industrial Park and between freeway exits 100 and 103 ensures convenient transportation. The property's proximity to the airport and the lakes area further enhances its appeal. This site is perfect for a variety of uses, including a campus expansion, outlet mall, business park, or convention center. The potential for out-lots is also available once infrastructure is in place. The asking price is $1,250,000. While total available space is listed as 5,093,035 square feet and total expenses are $11,426, these figures are for informational purposes only and should be independently verified. This is a rare opportunity to acquire a significant land holding in a thriving Minnesota market.
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.