For Sale
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Property summary
The property is a 1.3-acre commercial site located on North State Street near Interstate 90 in Fairmont, Minnesota, with more than 215 feet of highway frontage and direct access to I-90 via the N State Street corridor. The existing building has an approximate gross size of 1,540 square feet. The site is relatively level and provides outdoor space suitable for parking and potential expansion. It is generally adaptable to multiple commercial and light industrial uses, including configurations consistent with a fuel station, convenience store, automotive-related business, light industrial operation, or broader commercial redevelopment, with suitability for retail, service, or mixed-use development along N State Street. An adjacent 2.36-acre parcel to the east is nearby, which may allow the site to be assembled into a larger combined development area.
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
Similar Nearby for Lease
Value estimation
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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
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Property tax & assessments
Tax year 2022Property 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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