Albert Lea, MN High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Albert Lea, Minnesota Market population: 18K. Compare commercial properties across all major asset classes...
Advertisement
12 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Albert Lea MN Properties: 6.3000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Albert Lea MN
Common questions from investors exploring commercial real estate in Albert Lea MN.
What's the overall investment potential of Albert Lea, MN?
+
The 13.8% poverty rate and 92.5% health insurance coverage in Albert Lea suggest a relatively stable market with access to employment opportunities, while the top industries in Finance & Insurance and Public Administration indicate a diverse economy. With a median household income of $36,784 and a high homeownership rate of 70.4%, this market offers potential for long-term investment growth. The short average commute time of 15.3 minutes also adds to the quality of life for residents.
How does the ethnic diversity of Albert Lea impact the rental market?
+
The ethnic diversity in Albert Lea, with top ethnicities including White, White Non-Hispanic, and Hispanic, suggests a culturally rich and potentially vibrant rental market. Combined with the relatively high employment rate of 8,464 and low poverty rate, this diversity could lead to a strong demand for rental properties, especially in areas with easy access to the top commute methods like driving or carpooling.
What are the key factors to consider when evaluating property values in Albert Lea?
+
When evaluating property values in Albert Lea, consider the median property value of $91,200 and the median property taxes of $5,742, which are relatively affordable. The GINI coefficient of 0.448 indicates a moderate level of income inequality, but the high health insurance coverage rate of 92.5% and short average commute time of 15.3 minutes contribute to a stable quality of life, potentially supporting property value appreciation over time.
How does the commute time and method impact the attractiveness of Albert Lea for investors?
+
The short average commute time of 15.3 minutes in Albert Lea, with top commute methods including driving alone, carpooling, and working from home, indicates a convenient and flexible transportation network. This, combined with the relatively high employment rate and diverse top industries, makes Albert Lea an attractive location for both residents and investors, potentially leading to increased demand for housing and rental properties.
What role does the income inequality and poverty rate play in assessing tenant quality in Albert Lea?
+
The poverty rate of 13.8% in Albert Lea, although relatively low, should be considered in conjunction with the high health insurance coverage rate of 92.5% and the moderate income inequality indicated by the GINI coefficient of 0.448. This combination suggests that while there may be some challenges related to tenant quality, the overall stability of the market and access to employment opportunities could mitigate these risks, making it a viable location for real estate investment.
Albert Lea MN Real Estate & City Facts
Key facts and real estate information about Albert Lea MN.
What's the overall investment potential of Albert Lea, MN?
+
The 13.8% poverty rate and 92.5% health insurance coverage in Albert Lea suggest a relatively stable market with access to employment opportunities, while the top industries in Finance & Insurance and Public Administration indicate a diverse economy. With a median household income of $36,784 and a high homeownership rate of 70.4%, this market offers potential for long-term investment growth. The short average commute time of 15.3 minutes also adds to the quality of life for residents.
How does the ethnic diversity of Albert Lea impact the rental market?
+
The ethnic diversity in Albert Lea, with top ethnicities including White, White Non-Hispanic, and Hispanic, suggests a culturally rich and potentially vibrant rental market. Combined with the relatively high employment rate of 8,464 and low poverty rate, this diversity could lead to a strong demand for rental properties, especially in areas with easy access to the top commute methods like driving or carpooling.
What are the key factors to consider when evaluating property values in Albert Lea?
+
When evaluating property values in Albert Lea, consider the median property value of $91,200 and the median property taxes of $5,742, which are relatively affordable. The GINI coefficient of 0.448 indicates a moderate level of income inequality, but the high health insurance coverage rate of 92.5% and short average commute time of 15.3 minutes contribute to a stable quality of life, potentially supporting property value appreciation over time.
How does the commute time and method impact the attractiveness of Albert Lea for investors?
+
The short average commute time of 15.3 minutes in Albert Lea, with top commute methods including driving alone, carpooling, and working from home, indicates a convenient and flexible transportation network. This, combined with the relatively high employment rate and diverse top industries, makes Albert Lea an attractive location for both residents and investors, potentially leading to increased demand for housing and rental properties.
What role does the income inequality and poverty rate play in assessing tenant quality in Albert Lea?
+
The poverty rate of 13.8% in Albert Lea, although relatively low, should be considered in conjunction with the high health insurance coverage rate of 92.5% and the moderate income inequality indicated by the GINI coefficient of 0.448. This combination suggests that while there may be some challenges related to tenant quality, the overall stability of the market and access to employment opportunities could mitigate these risks, making it a viable location for real estate investment.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Albert Lea MN Commercial Property: $36,784
Advertisement
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
Advertisement
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
Advertisement
⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
Advertisement