The Alexandria Gateway - Alexandria, MN 58308
$12,937,320
Property Note
A rare opportunity to acquire a regional-scale development site at Alexandria's interstate gateway. The Alexandria Gateway brings together approximately 132 contiguous acres north of Interstate 94 with extensive frontage along 50th Avenue SE — one of the largest development tracts currently available in the Alexandria market. Its scale allows a developer or major owner-user to plan a coordinated district rather than assemble smaller parcels over time.
Alexandria is a progressive metro with a population of over 15,000 people and operates as a regional employment, healthcare, manufacturing, shopping, hospitality, and tourism hub. Public data show nearly $949.4 million in 2022 retail sales within the city — approximately $63,852 per resident — while the local economic-development organization reports seasonal population expansion to roughly 35,000 at summer peak.
INVESTMENT HIGHLIGHTS:
- 132± contiguous acres under common offering control, with nearly one mile of combined I-94 / 50th Avenue SE frontage.
- Alexandria 2040 Comprehensive Plan identifies the area for future Highway Commercial use.
- Regional demand anchored by manufacturing, healthcare, education, tourism, retail, and agriculture — not a single economic engine.
- Multiple exit paths: whole-site sale, phased vertical development, land subdivision, ground leases, or build-to-suit.
- Scale sufficient for a master-planned district: anchor pads, corporate/HQ sites, hospitality, medical, mixed-use, and open space in one plan.
Property Overview
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Legal:
Parcel 2: Sect - 5 Twp - 127 Range - 37 PART OF NW4 SW4 W OF RR & N OF I-94 UNPLATTED ALEXANDRIA CITY. AC 1.00
Parcel 3: Sect - 6 Twp - 127 Range - 37 NE4 N OF I-94 EX: S 85.6' & 8.46 AC. AC 114.42
Parcel 4: Sect - 6 Twp - 127 Range - 37 NW PT OF N 671.81' OF E 796.1' OF NW4NE4 AC 8.46
Parcel 5: Sect - 6 Twp - 127 Range - 37 S 85.6' OF S2 NE4 LYING N OF I-94 UNPLATTED ALEXANDRIA CITY. AC 1.00
Parcel 6: Sect - 6 Twp - 127 Range - 37 PART OF NE4 SE4 N OF I-94 UNPLATTED ALEXANDRIA CITY. AC .65