Property profile

0 Blake Ave Albert Lea, MN 56007

OFF-MARKET
Land
0.65 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.65-acre commercial land parcel presents a unique investment opportunity in Albert Lea, Minnesota. Strategically situated between Highway 65 and Interstate 35W, this property enjoys unparalleled visibility and accessibility. The location benefits from the significant retail growth currently underway in the area, ensuring strong potential for future development. The site's proximity to both Interstate 90 and downtown Albert Lea provides convenient access to a large customer base and a thriving community. The property is classified as commercial land and is ideal for a variety of uses, capitalizing on its prime location within a busy retail corridor. Its size offers ample space for development, making it an attractive option for businesses seeking a high-traffic location with excellent visibility. The address is 11550 Blake Ave, Albert Lea, MN 56007, in Freeborn County. This is a rare opportunity to acquire a well-positioned commercial lot in a growing market, offering significant potential for return on investment. The property's location offers easy access to major transportation arteries, connecting businesses to a wider regional market. This makes it an attractive proposition for businesses seeking a strategic location to expand their reach and tap into a robust consumer base. The site's potential is further enhanced by the existing retail development in the immediate vicinity, creating a synergistic environment for new businesses.

Property profile

Verified
Property type Land
Lot 0.65 ac (28,314 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Blake Ave Albert Lea, MN 56007
Albert Lea metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Blake Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message