211 Nokomis St Alexandria, MN 56308
Property profile & analytics
211 Nokomis St Alexandria, MN 56308
- Drive through restaurants
- 4,132 SF
- 0.17 lot acres
Property ID
US46-1303769
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.
Location Intelligence
Current Use by Public Records
- Drive through restaurants
Property Details for 211 Nokomis St
- Year built
- 1997
- Lot size
- 0.17 lot acres
- Property size
- 4,132 SF
- Property type
- Drive through restaurants
- APN
- 63-0609-000
- APU
- 630609000
Description
This exceptional Alexandria, MN property offers a unique investment opportunity encompassing 3.76 acres of land and two existing buildings. The main focus is a 5,518-square-foot retail building, formerly a Burger King and convenience store, currently vacant and available for lease or redevelopment. A second building, a 9,000-square-foot retail space occupied by TireMaxx, presents additional possibilities. An adjacent half-acre lot provides further development potential, suitable for ground lease or sale. The entire portfolio presents significant redevelopment potential, allowing for a complete site overhaul or selective building repurposing. A sale-leaseback option with TireMaxx is available, but not a requirement for the sale of the entire portfolio. This flexible offering caters to various investment strategies, from straightforward leasing to large-scale redevelopment projects. The property's location at 209 Nokomis St, Alexandria, MN 56308, offers high visibility and accessibility. The site's versatility makes it ideal for a range of retail, restaurant, or other commercial uses. Consider the potential for a mixed-use development, capitalizing on the high-traffic location and ample space. This is a rare chance to acquire a substantial commercial property with multiple development paths in a thriving Minnesota market.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Alexandria
- County
- Douglas
- State
- Minnesota
- Longitude
- -95.366
- Latitude
- 45.89
- 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
$14,830
$193,800
$432,800
$626,600
-
$193,800
$432,800
$626,600
