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    Albert Lea, MN Commercial Land for Sale

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    Clarks Grove, MN Glenville, MN Oakland, MN
    13 results
    Prime Commercial Land I-35 Frontage
    $975,000
    6.50 Acres
    Prime Commercial Land I-35 Frontage

    21133 775th St, Albert Lea, MN 56007

    6.5± acre commercial land with utilities and flexible zoning.
    • Premier development opportunity with IDD zoning, allowing for a wide range of uses.
    • Excellent location directly off Interstate 35 with high traffic counts.
    • Utilities are already in place, shortening development timelines.
    • Located in a thriving commercial hub with national brands nearby.
    • Rezoning is complete, allowing developers to move directly into planning.
    Updated: Jun 6, 2025
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    Prime Commercial Land I-35 Frontage
    $575,000
    7.00 Acres
    Prime Commercial Land I-35 Frontage

    21135 775th Ave, Albert Lea, MN 56007

    7-acre commercial land parcel with IDD zoning and utilities.
    • Premier development opportunity with high visibility off Interstate 35 (21,000+ vehicles per day).
    • Flexible IDD zoning allows for a wide range of uses.
    • Utilities available on‑site.
    • Located in a thriving commercial hub.
    • 7.0± acre parcel with rezoning complete.
    Updated: Jun 21, 2025
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    Retail Pad off I-90
    $250,000
    Retail Pad off I-90

    1.5 acre retail pad for redevelopment near I-90.

    1619 Main Street West, Albert Lea, MN 56007

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    Albert Lea Industrial Site
    $557,800
    13.50 Acres
    Albert Lea Industrial Site

    Visible industrial site with highway access and utility availability.

    0 US I-90, Albert Lea, MN 56007

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    Commercial Land Near I-35
    $420,250
    16.81 Acres
    Commercial Land Near I-35

    Land convenient to I-35, Home Depot, Walmart, and Love’s.

    Consul St, Albert Lea, MN

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    Commercial Land For Sale
    Contact for pricing
    0.14 Acres
    Commercial Land For Sale

    Land for development in a high visibility commercial area.

    Tbd Bridgeport Subdivision, Albert Lea, MN 56007

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    I-35/I-90 Accessible Land Parcels
    $2,745,000
    60.00 Acres
    I-35/I-90 Accessible Land Parcels

    Land parcels ideal for light industrial or distribution ventures.

    777th Ave & E Main St, Albert Lea, MN

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    Prime Commercial Land I-35 Access
    $975,000
    283,140 SF
    Prime Commercial Land I-35 Access

    6.5 acre commercial lot with I-35 access.

    21133 775th St, Albert Lea, MN 56007

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    Land Near Albert Lea Lake
    $121,500
    12.15 Acres
    Land Near Albert Lea Lake

    Land with lake access and proximity to downtown Albert Lea.

    S Shore Dr & Hwy 65, Albert Lea, MN

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    Land with Highway Access
    Contact for pricing
    58.45 Acres
    Land with Highway Access

    Land with sewer, water, and high traffic visibility.

    Bridge Ave & I-90, Albert Lea, MN

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    5 Acre Commercial Lot
    $329,000
    5.00 Acres
    5 Acre Commercial Lot

    5 acre lot zoned for various business uses.

    2320 E Main St, Albert Lea, MN

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    5 Acre Commercial Lot
    $329,000
    5.00 Acres
    5 Acre Commercial Lot

    5 acre lot with B-2 zoning and I-35 access.

    2320 E Main St, Albert Lea, MN 56007

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    Walmart Outlot Land For Sale
    Contact for pricing
    0.65 Acres
    Walmart Outlot Land For Sale

    0.65 acre commercial land available as Walmart outlot.

    Blake Ave, Albert Lea, MN 56007

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 13 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Land with Interstate Frontage
    $1,512,500
    60.50 Acres
    Prime Land with Interstate Frontage

    60.5 acres with high visibility and easy interstate access.

    0 US I-90 & 31st St SW, Austin, MN 55912

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    2.24 Acres Development Opportunity
    $325,000
    2.24 Acres
    2.24 Acres Development Opportunity

    2.24 acres with Interstate Hi-Rise sign, great visibility!

    XXX 31st Street SW, Austin, MN 55912

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    Commercial Land in Wells Business Park
    $38,281
    2.00 Acres
    Commercial Land in Wells Business Park

    Commercial land for sale in new Wells Business Park.

    L2 B2 Business Park Addition, Wells, MN 56097

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    Wells Business Park Land
    Contact for pricing
    1.21 Acres
    Wells Business Park Land

    Commercial land available in Wells Business Park.

    L1 B1 Business Park Addition, Wells, MN 56097

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    Albert Lea, MN Commercial Land Investment Opportunities Market Analysis

    Explore 13 commercial land for sale in Albert Lea, MN, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 283,141 square feet of properties for sale, with an estimated market value of $1,225,000.

    Sale prices for commercial lots in Albert Lea, MN start at $250,000, averaging $612,500, and reaching up to $975,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial land 13
    Residential land & home lots 9
    Industrial land 5

    Property Size Breakdown

    The majority of commercial real estate listings in Albert Lea fall within the 1 to 5 acres range.

    Demographics Overview

    Population 21K
    Population Growth (5Y) +1.4%
    Median Household Income $66,479
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

    Identify Albert Lea submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    56007 $523.1K

    Taxes & Financing

    Tax Rate (average for all types) 2.76%
    Property Tax per SF $0.93 per sq ft
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

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