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Property profile & analytics
OFF-MARKET
Land

0 Nevada St Alexandria, MN 56308

116.92 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 116.92 ac (5,093,035 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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