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Property profile & analytics
OFF-MARKET
Commercial real estate

510 Water St Albert Lea, MN 56007

0.2 ac lot
Property ID
US46-2551569
Property summary
AI-generated overview

Build your dream home on these exceptional residential lots located in Albert Lea, Minnesota, within Freeborn County. These three lots offer a fantastic opportunity for new construction or a savvy investment. Two lots boast generous .30-acre parcels, providing ample space for a substantial home and landscaping, while the third lot offers a comfortable .20-acre footprint. The address is 510 Water St, Albert Lea, MN 56007, conveniently situated with easy access to local amenities and services. The lots are zoned for residential use, allowing for a variety of home styles and designs. This is a rare opportunity to acquire land in a desirable location, perfect for those seeking to build their dream home or add to their investment portfolio. The lots are ready for development, offering a streamlined path to construction. Don't miss out on this chance to secure your piece of Albert Lea. The geographic coordinates are 43.650872 latitude and -93.374337 longitude. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Lot 0.2 ac (8,712 SF)
UPID US46-2551569
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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