Financial
Distress signals
Property profile

2400 Myers Rd Albert Lea, MN 56007

OFF-MARKET
Commercial real estate
Property ID
US46-2423637
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional single-tenant office building, located at 2400 Myers Road in Albert Lea, Minnesota, presents a fantastic opportunity. The 3,250 square foot free-standing structure is situated in Freeborn County, conveniently located east of Highway 65 and just north of Interstate 35, offering easy access and high visibility. The building features a traditional office layout, perfect for a variety of businesses. Inside, you'll find generously sized private offices, providing ample space for

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value$482k
Assessed land$205k
Assessed improvement$277k
Effective rate4.16%

Value estimate

· Sep 2026
$480k
$432k – $528k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFREEBORN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply10.8
HVAC Service9.6
Restaurant9.5

Location

2400 Myers Rd Albert Lea, MN 56007-5315
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Albert Lea, MN 56007 $114,500 Jun 2024 No data
1115 Main, Albert Lea, MN 56007-3600 $114,500 Jun 2024 No data
115 College, Albert Lea, MN 56007-2607 $155,000 Feb 2024 No data
801 Main, Albert Lea, MN 56007-2938 $125,000 Aug 2022 No data
Albert Lea, MN 56007 $200,000 Aug 2022 No data
507 Pilot, Albert Lea, MN 56007-2071 $150,000 Jun 2022 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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