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Property profile & analytics

510 22Nd Ave Alexandria, MN 56308

  • Office Properties & Spaces
  • 2,022 SF
  • 0.04 lot acres
Value Estimation
Location Intelligence
Property ID
US46-1366907
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office Properties & Spaces

Property Details for 510 22Nd Ave

Year built
2001
Lot size
0.04 lot acres
Property size
2,022 SF
Property type
Office Properties & Spaces
APN
63-2966-500
APU
632966500

Description

This exceptional 1,935 square foot office space in Alexandria, Minnesota, presents a fantastic opportunity for businesses seeking a well-maintained and conveniently located property. Situated within a vibrant business complex overlooking a tranquil wildlife pond, this end unit offers unparalleled convenience and a serene atmosphere. The property boasts two separate entrances, providing flexibility and privacy, and is flooded with abundant natural light. Recently refreshed with fresh paint and cleaning, this space is truly move-in ready. The layout includes multiple private treatment rooms, ideal for medical or therapeutic practices, along with changing rooms and an x-ray suite – a legacy from its previous use as a chiropractic office. The existing wall between the two units can be easily removed to create a larger, open space, or a door can be added to maintain separation. The building exterior has also received recent upgrades, including new shingles and brickwork completed in June 2023, ensuring long-term value and curb appeal. The property sits on a 0.09-acre lot and offers ample parking for staff and clients. Common area maintenance (CAM) fees are $1.85 per square foot. This is a rare opportunity to acquire a turnkey office space in a desirable location. Don't miss out on this exceptional offering.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $265,000
  • CAP approach

    CAP return
    Estimation
    6%
    $205,000
    6.5%
    $190,000
    7%
    $195,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $205,000
    Geo Method
    $195,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $210,000
    Retail
    $205,000
    Mixed-Use
    $195,000
    Hospitality
    $230,000
    Educational
    $220,000
    Residential Income
    $220,000
    Energy
    $175,000
    Income-Based Land
    $220,000
    Food Service
    $215,000

Location Insight

  • Map
  • Local Demand
City
Alexandria
County
Douglas
State
Minnesota
Longitude
-95.3717
Latitude
45.8663
CBSA code
10820
CBSA name
ALEXANDRIA, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,328
$46,300
$256,500
$302,800
-
$46,300
$256,500
$302,800
More about this property
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