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    Albert Lea, MN
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    Albert Lea, MN Commercial Land for Sale

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    8 properties
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    Commercial Corner Lot
    Updated: Jun 9
    Commercial Corner Lot

    1916 Main Street, Albert Lea, MN 56007

    $285,000
    1.30 AC lot
    1.3‑acre commercial corner lot in Albert Lea
    Business/Commercial zoning
    Level, subdivided parcel with light tree coverage
    Established shared driveway for ingress and egress
    City water, sewer, electricity, and natural gas available
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    Interstate Commercial Development Land
    Updated: Jun 6, 2025
    Interstate Commercial Development Land

    21133 775th St, Albert Lea, MN 56007

    $975,000
    6.50 AC lot
    6.5+/- acres of commercial land
    IDD (Interstate Development District) zoning
    More than 21,000 vehicles per day
    Directly off Interstate 35 with East Main Street connectivity
    City water and sewer, electricity, natural gas, and fiber available
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    Industrial Land with Highway Frontage
    Industrial Land with Highway Frontage

    US I-90, Albert Lea, MN 56007

    $557,800
    13.50 AC lot

    L-1 zoning permits manufacturing, warehousing, retail, and consumer-service uses.

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    Commercial Land with Highway Access
    Commercial Land with Highway Access

    77783 209th St, Albert Lea, MN 56007

    Contact for pricing
    1 sqft 1.54 AC lot

    Available for sale or lease beside a travel center serving truck and traveler traffic.

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    Retail Pad off I-90
    Retail Pad off I-90

    1619 Main Street West, Albert Lea, MN 56007

    $250,000
    1 sqft

    1.5 acre retail pad for redevelopment near I-90.

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    Prime Commercial Land I-35 Access
    Prime Commercial Land I-35 Access

    21133 775th St, Albert Lea, MN 56007

    Contact for pricing
    283,140 sqft 6.50 AC lot

    6.5 acre commercial lot with I-35 access.

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    I-35/I-90 Accessible Land Parcels
    I-35/I-90 Accessible Land Parcels

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

    Contact for pricing
    60.00 AC lot

    Land parcels ideal for light industrial or distribution ventures.

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    5 Acre Commercial Lot
    5 Acre Commercial Lot

    2320 E Main St, Albert Lea, MN 56007

    Contact for pricing
    5.00 AC lot

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

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 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.

    Commercial Development Land Parcel
    Commercial Development Land Parcel

    31st St SW, Austin, MN 55912

    Contact for pricing
    2.24 AC lot

    Two-plus acre commercial land parcel with visibility from I-90 and Oakland Ave and newly completed road access in 2023.

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    2.24 Acres Development Opportunity
    2.24 Acres Development Opportunity

    XXX 31st Street SW, Austin, MN 55912

    Contact for pricing
    2.24 AC lot

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

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    Service Commercial Development Parcel
    Service Commercial Development Parcel

    L1 B1 Business Park Addition, Wells, MN 56097

    Contact for pricing
    1.83 AC lot

    Service/commercial zoning with water available for commercial development.

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    Commercial Land in Business Park
    Commercial Land in Business Park

    L2 B2 Business Park Addition, Wells, MN 56097

    $38,281
    3.07 AC lot

    Service-commercial zoning and direct State Highway 22 exposure support a range of commercial development plans.

    View details

    Albert Lea, MN Commercial Land Market Trends and Statistics

    Explore 8 commercial land for sale in Albert Lea, MN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 4,109,451 square feet of properties for sale, with an estimated market value of $2,067,800.

    Sale prices for commercial lots in Albert Lea, MN start at $250,000, averaging $516,950, 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 property segments ranked by active listings on the market

    Residential land & home lots 12
    Commercial land 11
    Industrial land 3
    Agricultural land / Farmland 2
    Waterfront Land 2

    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 average listing prices of real estate assets

    Neighborhood Average Price
    56007 $517K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Freeborn County

    New Delisted

    Property Size Breakdown

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

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Albert Lea, MN

    • 56007

    Featured Albert Lea Real Estate Agencies

    Realmo connects you with licensed Albert Lea CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Leland Realty, Inc.
    305 1st Ave S Albert Lea, MN 56007
    Phone: (507) 373-9586
    www.lelandrealty.com
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