524 Willow Dr Alexandria, MN 56308-1333
This exceptional commercial property, located at 524 Willow Drive in Alexandria, Minnesota, presents a unique investment opportunity. The property consists of two single-story buildings totaling 6,570 square feet, situated on a spacious 1.48-acre lot. Built in 1982 and extensively renovated in 2024, the buildings boast a 9-foot ceiling height and offer ample parking with 24 spaces. The property's zoning is CPU - Commercial, and its APN is 632856000. The property is currently configured as a single-tenant space, ideal for a variety of uses, including traditional office space or medical office space. The layout includes 12 rooms and 5 bathrooms, making it particularly well-suited for a care facility, daycare center, or similar operation. The property features a partially fenced yard and a large garage, adding to its functionality and appeal. The property taxes are $1.08 per square foot. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a well-maintained and versatile space in a desirable area. The property's recent renovation ensures modern amenities and functionality, while its substantial size and ample parking provide flexibility for a range of potential tenants. This is a rare opportunity to acquire a well-positioned commercial property in Alexandria, Minnesota.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.