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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 on E Main Street into Albert Lea with high visibility
    Level parcel with light tree coverage and established shared driveway for access
    Zoned Business/Commercial
    Utilities available: city water, sewer, electricity, and natural gas
    All major utilities are available for development on this subdivided lot
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    Commercial Development Land with IDD Zoning
    Updated: Jun 6, 2025
    Commercial Development Land with IDD Zoning

    21133 775th St, Albert Lea, MN 56007

    $975,000
    6.50 AC lot
    6.5+/- acre parcel at 21133 775th Ave in Albert Lea, MN with IDD (Interstate Development District) zoning
    Rezoning to IDD is complete, supporting direct planning for a range of commercial, industrial, and community/residential uses
    Utilities available: city water and sewer, electricity, natural gas, plus internet WCTA pedestal with Fiber to the Business (FTTB)
    Direct access to Interstate 35 with immediate connectivity to East Main Street and downtown Albert Lea
    Located about 2.7 miles from Albert Lea Municipal Airport
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    Commercial Development Land
    Commercial Development Land

    Bridgeport Subdivision, Albert Lea, MN 56007

    Contact for pricing
    0.14 AC lot

    Small parcel offered for commercial development in a high-visibility area near the airport and Interstate 90.

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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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    Commercial Land Near I-35
    Commercial Land Near I-35

    Consul St, Albert Lea, MN

    $420,250
    16.81 AC lot

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

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

    21133 775th St, Albert Lea, MN 56007

    $975,000
    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

    $2,745,000
    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

    $329,000
    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.

    2.24 Acres Development Opportunity
    2.24 Acres Development Opportunity

    XXX 31st Street SW, Austin, MN 55912

    $325,000
    2.24 AC lot

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

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    Austin Commercial Land For Sale
    Austin Commercial Land For Sale

    1400 18th Ave NW, Austin, MN 55912

    $499,900
    1.98 AC lot

    1.98 acres of commercial land in Austin, Minnesota.

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    Service/Commercial Development Land
    Service/Commercial Development Land

    L1 B1 Business Park Addition, Wells, MN 56097

    Contact for pricing
    1.21 AC lot

    Build-ready lot in a new business park with service/commercial zoning along State Highway 22.

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    Service/Commercial Development Lot
    Service/Commercial Development Lot

    L2 B2 Business Park Addition, Wells, MN 56097

    $38,281
    2.00 AC lot

    Build-ready service or commercial lot with highway visibility and infrastructure already installed.

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    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 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 property segments ranked by active listings on the market

    Commercial land 12
    Industrial land 7
    Residential land & home lots 7

    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 $493.4K

    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.

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