21135 775th Ave - Commercial LAND FOR SALE


Albert Lea, MN 56007 304,920 SF
$575,000 USD
507-382-0908
21135 775th Ave, Albert Lea, MN for Sale
$575,000 USD
Commercial LAND - FOR SALE
1/24
304,920 SF

21135 775th Ave
Albert Lea, MN 56007


OVERVIEW

21135 775th Ave, Albert Lea with 7.00 acres of land available for rezoning to best fit your needs! The city is open to working with you! Positives abound: approximately 2.7 miles to the Albert Lea Municipal Airport; located immediately off US I-35 (which runs from Duluth, MN to Laredo, TX); as well as East Main Street which runs to downtown Albert Lea. Traffic along US I-35 numbers in the over 21,000 vehicles per day! AND, Albert Lea has noted several new developments and growth in recent years. Other development in the area includes: Love's Travel Shop/Wendy's -- adjacent to the east; TA Truck Service (Trail's Petro Travel Center); Holiday Inn Express; Wal-Mart Supercenter; Maurices; Syverson Volvo; Dollar Tree; Home Depot... While the property is currently zoned "residential", rezoning is anticipated given the great commercial location. Rezoning to IDD (Interstate Development District) has been discussed with the City. This district takes advantage of land that is visible from or adjacent to interstate highways. Permitted use include some of the following: retail and consumer services; restaurants; hotels and motels; vehicle sales/services; lumberyards; churches; clubs; medical centers; industrial offices; manufacturing; warehousing; multifamily; retail of low potency cannabis products not more than 5% of the retail products available as measured by existing shelf or display space. Utilities are available and include electric, natural gas, city water, and sewer. This parcel also lies just north of 21133 775th Ave, which is 6.5 acres and is also available for development. Parcels can be purchased separately or combined if you need a larger parcel to meet your development goals.

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/ACRE

$82,143/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Albert Lea - Rezone To Fit Your Needs!

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Auto Dealership, Convenience Store, Hold for Development, Hold for Investment, Restaurant, Storefront Retail/Office

LAND ACRES

7 AC

LAND SF

304,920 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets

ZONING

Rezone Recommended

APN/PARCEL ID

34.398.0180

ASK ABOUT THIS PROPERTY

Terri JensenNational Land RealtyMore Info
507-382-0908

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Terri JensenNational Land RealtyMore Info
507-382-0908

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.