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24104 755th Ave 33,829 SF 100% Leased Industrial Building Albert Lea, MN 56007 $1,089,728 CAD ($32.21 CAD/SF)
Executive Summary
Positioned just 1 mile from Interstate 90, this versatile industrial property offers a rare combination of scale, functionality, and future potential. The site features a 12,330 square foot commercial building on 22 acres, making it ideal for a wide range of industrial and commercial uses. The existing structure includes approximately 7,670 SF of warehouse space, 4,000 SF of shop area, along with 330 SF of office space and a 330 SF mezzanine for additional storage. The entire building is insulated and heated, with 20’ interior clear height, 17’ overhead doors, and an existing loading dock plus five additional outdoor dock positions—supporting efficient operations for logistics, manufacturing, or service-based businesses. The expansive acreage provides ample yard space for outdoor storage, fleet parking, or equipment staging, with significant room for future expansion or redevelopment. A secondary partially completed ~8,000 SF structure adds further upside for an owner-user or investor looking to customize the site. Historically utilized for manufacturing and recycling, the property is well-suited for continued industrial use but also presents strong potential for contractor yards, trucking and logistics operations, equestrian facilities, equipment storage, distribution or other industrial applications. Its flexible layout and abundant land make it adaptable to a variety of business models. Located in a developing corridor with a mix of uses including a nearby assisted living community, electric company, autobody and graphics shop, county offices and church the property offers both accessibility and long-term redevelopment potential.
Property Facts
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $520,754 CAD | |
| Land Assessment | $160,871 CAD | Total Assessment | $681,625 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$160,871 CAD
Improvements Assessment
$520,754 CAD
Total Assessment
$681,625 CAD
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24104 755th Ave
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