Technical
Financial
Distress signals
Property profile

411 1st Ave Albert Lea, MN 56007

OFF-MARKET
Other industrial properties
Property ID
US46-2450816
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This industrial property comprises 200,000 square feet of leasable space and is situated on a 15.27-acre site. The property includes 70 surface parking spaces and is configured for industrial use.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
APN 34.007.5560
UPID US46-2450816

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Home Health Care Service
  • Industrial Manufacturer Production Facility
  • Industrial Manufacturer Production Facility

Location

411 1st Ave Albert Lea, MN 56007-1779
Albert Lea metro Census 180800 ALBERT LEA, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.25M

Owner & transaction history

since 2022
Last sale
$1.3M
1 recorded transaction
2022
$1.3M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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