Tbd 39th Avenue Ne

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Tbd 39th Avenue Ne

Alexandria, MN 56308
Asking Price
$150K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel available for acquisition in Alexandria
  • Total lot size measures approximately 1.56 acres
  • Asking price for the commercial property is 150000 dollars
  • Site offers potential for diverse retail or office development
  • Located within a stable and growing regional Minnesota market

What's Special

This commercial land is available for sale, providing a strategic site for investors or developers seeking to establish a presence in Alexandria. Spanning 1.56 acres, the parcel offers substantial space for various commercial projects, including retail storefronts, service centers, or office developments. Alexandria serves as a primary hub for Douglas County, benefiting from a stable regional economy and consistent growth in the tourism and manufacturing sectors. The location allows for accessibility to the broader local market, making it an appropriate setting for businesses that require visibility and efficient site circulation. Developers can leverage the open footprint to tailor the land to specific commercial requirements while taking advantage of the established submarket infrastructure. The site remains a practical choice for those aiming to expand their portfolio with a versatile land holding in a growing Minnesota community.

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NOI
$80,000
Cap Rate
53.33%
DSCR
8.98
Strong
Cash-on-Cash
157.99%
Monthly Payment
$742.118
Annual Cash Flow
$71,094.582

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