Property profile

514 22nd W Ave Alexandria, MN 56308

OFF-MARKET
Warehouses
Property ID
US46-1275794
5,284 SF 2.81 ac lot Built 2003
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2003
Total area 5,284 SF
Lot 2.81 ac (122,404 SF)
APN 63-3012-300
UPID US46-1275794

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
  • General Contractor Construction Company
  • Garden Center Hardware & Home Improvement

Location

514 22nd W Ave Alexandria, MN 56308-2850
Alexandria metro Census 450704 ALEXANDRIA, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$630k
Comparable Approach Comparable
$577k
Blend (final) Blend
$585k

Owner & transaction history

since 2017
4 recorded transactions
2026
Price N/A
2018
Price N/A
2017
$88,000
2007
$635,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $760,000 +45.1%
Restaurant $675,000 +29.2%
Retail stores $565,000 +8.5%

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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