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Property profile & analytics
OFF-MARKET
Commercial real estate

15 1st S Ave Long Prairie, MN 56347-1452

1,476 SF Built 1973
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US46-2224116
Property summary
AI-generated overview

This exceptional 2,870 square foot commercial land parcel presents a unique investment opportunity in the heart of Long Prairie, Minnesota. Located at 15 1st Avenue, this property boasts a highly desirable location, less than a block from US Highway 71, ensuring excellent visibility and accessibility. The land, which was previously improved with a duplex building constructed in 1973, offers significant potential for redevelopment or repurposing. The previous structure featured two updated and spacious units, occupied by established businesses, indicating strong tenant demand in the area. The property also includes a convenient blacktop parking lot, enhancing its appeal to potential tenants or businesses. The existing steel siding and roof on the previous structure suggest durability and longevity. The property's address is 15 1st Avenue, Long Prairie, MN 56347, situated in Todd County. With its strategic location and substantial size, this lot is ideal for a variety of commercial ventures. The asking price is $265,000, representing a compelling investment opportunity in a thriving Minnesota community. This is a blank canvas for your next commercial project. Don't miss this chance to acquire a prime piece of commercial real estate in Long Prairie.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1973
Total area 1,476 SF
APN 36-0044600
UPID US46-2224116
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
Current use
Occupant on record · Public records
  • Lifesteps Counseling Counselor
  • H&R Block Tax Preparation
  • Jennifer Oldenburg Marriage Or Relationship Counselor
  • Staci Beto Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lees Property Management LLC · 1 yrs held
Lees Property Management LLC
since 2025
Last sale
$245,000
4 recorded transactions
2025
$245,000
2023
Price N/A
2016
Price N/A
2009
$95,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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