1004 Shamrock LnAlbany, MN 56307

  • Commercial real estate
  • 4,180 SF
For Sale
$250,000 View listing

Property Details for 1004 Shamrock Ln

Year built
1977
Construction
WOOD
Lot size
1.03 AC
Property size (Sq ft)
4,180 SF
Property type
Commercial real estate
APN
40.25037.0000
APU
40250370000

Description

This exceptional commercial property presents a unique investment opportunity in the thriving city of Albany, Minnesota. Situated on a sizable 1.03-acre lot, this 6,800 square foot building boasts unparalleled visibility due to its strategic location with direct exposure to I-94. The existing structure offers significant potential for a variety of commercial uses, making it an ideal canvas for redevelopment or adaptive reuse. Imagine transforming this space into a bustling restaurant, taking advantage of the high traffic count and convenient access from the interstate. Alternatively, the property's size and location lend themselves to a complete redevelopment project, allowing for the creation of a modern and efficient commercial space tailored to your specific needs. The expansive lot provides ample room for parking, outdoor seating, or additional building expansion. This is a rare chance to acquire a substantial commercial property in a prime location with excellent growth potential. Don't miss this chance to capitalize on this exceptional opportunity in a dynamic market. The asking price is $250,000. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $879,654
    Hospitality
    $805,758
    Educational
    $670,381
    Medical
    $693,437
    Retail
    $1,042,815

Location Insight

City
Albany
County
Stearns
State
Minnesota
Latitude
45.6286
Longitude
-94.5778
CBSA code
41060
CBSA name
ST. CLOUD, MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,626
$92,800
$182,000
$274,800
-
$92,800
$182,000
$274,800

FAQs

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