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    1920 Turning Leaf SW Ln Alexandria, MN 56308-4662
    Property profile & analytics

    1920 Turning Leaf SW Ln, Alexandria, MN 56308-4662

    View on Map

    • Flex space
    • 59,254 SF
    • 21.21 lot acres
    Off-Market
    Last Sale Feb 18, 2026
    $4,715,000
    Property ID
    US46-1435703
    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.

    Value Estimations
    $4,980,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Flex space

    Property Details for 1920 Turning Leaf SW Ln

    Year built
    2002
    Lot size
    21.21 lot acres
    Property type
    Flex space
    APN
    63-0120-740
    APU
    630120740

    Description

    The Turning Leaf Business Center, a Class A, single-story building (177,000 total square feet) in Alexandria, Minnesota, offers flexible office and warehouse space for lease or sale. Built in 2002, this property sits on 30 acres (1,306,800 square feet) and boasts 22-foot ceilings, providing ample room for various business needs. Currently, 67,675 square feet of space is available, divisible into units as small as 1,014 square feet and up to 60,294 contiguous square feet. The building features convenient amenities including multiple outdoor patios, a large common eating area with vending machines and a coffee bar, fully furnished meeting rooms, and an elevator for accessibility. Ample parking is provided with 65 spaces. Its prime location on County Road 45 offers easy access to Interstate 94 (Exit 100) and is less than two miles from downtown Alexandria, providing employees with convenient access to shopping and dining options. The property's APN is 63-0120-740. This exceptional property is situated in the MN - Out of Metro North submarket and presents a unique opportunity for businesses seeking high-quality space in a desirable location. The property is zoned for office, industrial, executive office, warehouse, and distribution uses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,975,000
      6.5%
      $5,515,000
      7%
      $5,120,000
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $7,485,000
      RESTAURANT
      $6,560,000
      RETAIL STORES
      $5,615,000
      WAREHOUSE, STORAGE
      $4,330,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Douglas
    State
    Minnesota
    Longitude
    -95.4048
    Latitude
    45.8903
    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
    $260,478
    $776,200
    $9,307,500
    $10,083,700
    -
    $776,200
    $9,307,500
    $10,083,700
    More about this property
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