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    FOR LEASE
    Industrial properties

    200 Alton Ave, New Prague, MN 56071

    7.99 ac lot
    Entity Owned 13-yr Hold Free & Clear
    Property ID
    US46-2306495
    Property summary
    AI-generated overview

    This exceptional retail space, located at 200 Alton Ave in New Prague, Minnesota, offers 1,200 square feet of versatile commercial space within the larger New Prague Commons complex. The entire building encompasses 73,415 square feet, providing ample space for potential synergy with other businesses. This single-suite property is situated in Le Sueur County, zip code 56071, offering convenient access for customers and employees alike. The property is currently available for lease and presents a fantastic opportunity for a variety of retail businesses seeking a prominent location in a thriving community. The space is ready for immediate occupancy, allowing for a quick start to operations. With its strategic location and ample square footage, this retail space is ideal for businesses looking to establish a strong presence in the New Prague market. The property's address is easily accessible and benefits from high visibility, ensuring maximum exposure for your business. This is a rare opportunity to secure a well-positioned retail space in a desirable location. The 1,200 square feet provides ample room for a variety of retail configurations, allowing for customization to suit specific business needs. Don't miss this chance to secure your place in the vibrant New Prague business community.

    Property profile
    Verified
    Property type Industrial properties
    Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
    Lot 7.99 ac (348,044 SF)
    APN 23.562.0010
    UPID US46-2306495
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $580k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $580k
    Owner & transaction history
    New Prague Station LLC · 13 yrs held
    New Prague Station LLC
    since 2012
    2 recorded transactions
    2012
    $10.2M
    2012
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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