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    OFF-MARKET
    Land

    0 Blake Ave, Albert Lea, MN 56007

    0.65 ac lot
    Property ID
    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
    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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