0 Us I-90, Albert Lea, MN 56007
This exceptional 13.5-acre commercial land parcel presents a remarkable investment opportunity in Albert Lea, Minnesota. Strategically located on US I-90, this property boasts 808 feet of prime frontage, ensuring unparalleled visibility for your business. With an impressive daily traffic count of 12,000 vehicles on I-90 and 3,500 vehicles on Sykes Street, this site guarantees high exposure and accessibility. The property is zoned L-1, Limited Industrial, allowing for a diverse range of permitted uses, including manufacturing, warehousing, retail, and consumer services. Its convenient location, less than three-quarters of a mile from the Albert Lea Municipal Airport, coupled with readily available utilities, makes it an ideal site for development. The property's 588,060 square feet are priced at $0.95 per square foot, totaling $557,800. The site's existing infrastructure and proximity to similar businesses create a synergistic environment for growth and success. This is a rare opportunity to acquire a highly visible and versatile industrial site in a thriving location. The APN is R34.391.0010.
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.