1004 Shamrock Ln, Albany, MN 56307-8700
This exceptional commercial property presents a unique investment opportunity in the thriving city of Albany, Minnesota. Situated on a sizable 1.03-acre lot, this 6,800 square foot building boasts unparalleled visibility due to its strategic location with direct exposure to I-94. The existing structure offers significant potential for a variety of commercial uses, making it an ideal canvas for redevelopment or adaptive reuse. Imagine transforming this space into a bustling restaurant, taking advantage of the high traffic count and convenient access from the interstate. Alternatively, the property's size and location lend themselves to a complete redevelopment project, allowing for the creation of a modern and efficient commercial space tailored to your specific needs. The expansive lot provides ample room for parking, outdoor seating, or additional building expansion. This is a rare chance to acquire a substantial commercial property in a prime location with excellent growth potential. Don't miss this chance to capitalize on this exceptional opportunity in a dynamic market. The asking price is $250,000. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.