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    Albert Lea, MN
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    Albert Lea, MN Land for Sale

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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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    IDD Zoned Development Land
    Updated: Jun 21, 2025
    IDD Zoned Development Land

    21135 775th Ave, Albert Lea, MN 56007

    $575,000
    7.00 AC lot
    7.0+/- acre parcel in Albert Lea, MN with IDD (Interstate Development District) zoning and utilities available
    Direct adjacency to Interstate 35 with access to East Main Street and downtown Albert Lea
    Rezoning to IDD is complete, allowing developers to move directly into planning
    City water and sewer, electricity, and natural gas are available on site
    IDD zoning permits a broad mix including retail, restaurants/fast food, hotels/motels, industrial offices, warehousing, and transportation terminals
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    Commercial Development Land with IDD Zoning
    Commercial Development Land with IDD Zoning

    21133 775th St, Albert Lea, MN 56007

    $975,000
    6.50 AC lot

    6.5-acre Interstate Development District parcel with utilities and broad commercial, industrial, and residential-type uses for flexible projects.

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    Albert Lea Vacant Land Opportunity
    Albert Lea Vacant Land Opportunity

    Bridge Ave, Albert Lea, MN 56007

    $249,000
    4.73 AC lot

    4.73 acres of residential land on Bridge Street.

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    Residential Land in Albert Lea
    Residential Land in Albert Lea

    Stevens St, Albert Lea, MN 56007

    $299,000
    3.62 AC lot

    3.62 acres of residential land ready for development.

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    Residential Lot in Tiger Ridge
    Residential Lot in Tiger Ridge

    1738 Tiger Ridge Court, Albert Lea, MN 56007

    Contact for pricing
    0.46 AC lot

    Nearly half-acre lot ready for your dream home.

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    Buildable Lot in Albert Lea
    Buildable Lot in Albert Lea

    TBD (Lot 1) Wildwood Circle, Albert Lea, MN 56007

    $49,900
    2.57 AC lot

    2.57 acre buildable lot near town amenities.

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    Buildable Lot in Albert Lea
    Buildable Lot in Albert Lea

    TBD (Lot 2) Wildwood Circle, Albert Lea, MN 56007

    $49,900
    2.50 AC lot

    2.5 acre buildable lot near town amenities.

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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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    Residential Land in Albert Lea
    Residential Land in Albert Lea

    1609 Country Club Road, Albert Lea, MN 56007

    $59,900
    1.06 AC lot

    1.06 acre residential land for sale in Albert Lea, MN.

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    Limited Industrial Development Site
    Limited Industrial Development Site

    US I-90, Albert Lea, MN 56007

    $557,800
    13.50 AC lot

    Industrial-zoned land with substantial I-90 frontage and completed wetland delineation for development planning.

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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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    Residential Lot in Quiet Neighborhood
    Residential Lot in Quiet Neighborhood

    1629 Seath Drive, Albert Lea, MN 56007

    $35,000
    1.17 AC lot

    Residential lot in Albert Lea, Minnesota, totaling 1.174 acres.

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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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    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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    Industrial Land Near Albert Lea Airport
    Industrial Land Near Albert Lea Airport

    740th Ave & W Plaza St, Albert Lea, MN

    $2,458,200
    81.94 AC lot

    Prime industrial land with utilities near Albert Lea airport.

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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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    Prime Industrial Land Opportunity
    Prime Industrial Land Opportunity

    Kram Ave & Betha Larson Ln, Albert Lea, MN

    $627,300
    13.94 AC lot

    Industrial land with utilities and transportation access for sale.

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    Industrial Land Ready For Development
    Industrial Land Ready For Development

    E 11th St & Viking Ave, Albert Lea, MN

    $1,001,250
    22.25 AC lot

    Industrial land suitable for wet industry with robust infrastructure.

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    Land Near Albert Lea Lake
    Land Near Albert Lea Lake

    S Shore Dr & Hwy 65, Albert Lea, MN

    $121,500
    12.15 AC lot

    Land with lake access and proximity to downtown Albert Lea.

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    Land with Highway Access
    Land with Highway Access

    Bridge Ave & I-90, Albert Lea, MN

    Contact for pricing
    58.45 AC lot

    Land with sewer, water, and high traffic visibility.

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    5 Acre Commercial Lot
    5 Acre Commercial Lot

    2320 E Main St, Albert Lea, MN

    $329,000
    5.00 AC lot

    5 acre lot zoned for various business uses.

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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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    Walmart Outlot Land For Sale
    Walmart Outlot Land For Sale

    Blake Ave, Albert Lea, MN 56007

    Contact for pricing
    0.65 AC lot

    0.65 acre commercial land available as Walmart outlot.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Albert Lea, MN, we suggest to view alternatives - similar 9 Off-Market properties to explore as potential leads.

    Albert Lea, MN Land Market Trends and Statistics

    Explore 33 land for sale in Albert Lea, MN, showcased through 24 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 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 13
    Industrial land 8
    Residential land & home lots 8

    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 $278.2K

    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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    Most Searched ZIP Codes in Albert Lea, MN

    • 56007

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