Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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