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    Albert Lea, MN
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    Albert Lea, MN Land for Sale

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    25 properties
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    Commercial Corner Land
    Updated: Jun 9
    Commercial Corner Land

    1916 Main Street, Albert Lea, MN 56007

    $285,000
    1.30 AC lot
    1.3‑acre commercial corner lot on E Main Street heading into Albert Lea
    Business/Commercial zoning
    Level parcel with light tree coverage
    Utilities available: city water, sewer, electricity, and natural gas
    Established shared driveway for ingress and egress
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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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    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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    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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    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 Lot in Tiger Ridge
    Residential Lot in Tiger Ridge

    1738 Tiger Ridge Court, Albert Lea, MN 56007

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    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

    $46,500
    2.57 AC lot

    2.57 acre buildable lot near town amenities.

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    Business/Commercial Corner Development Lot
    Business/Commercial Corner Development Lot

    1916 Main Street, Albert Lea, MN 56007

    $285,000

    Level corner commercial lot with established shared driveway and Business/Commercial zoning, with major utilities available.

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    Buildable Lot in Albert Lea
    Buildable Lot in Albert Lea

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

    $46,500
    2.50 AC lot

    2.5 acre buildable lot near town amenities.

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    Residential Land in Albert Lea
    Residential Land in Albert Lea

    1609 Country Club Road, Albert Lea, MN 56007

    $49,000
    1.06 AC lot

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

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    Tillable Farmland
    Tillable Farmland

    26034 800th Ave, Albert Lea, MN 56007

    $840,000

    Rolling farmland with partial tile drainage and an existing lease through the 2026 crop year.

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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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    Land, Albert Lea, MN
    Land, Albert Lea, MN

    1701 Oakwood Terrace, Albert Lea, MN 56007

    $35,000
    0.33 AC lot

    Land · 0.33 Acres

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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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    Land, Albert Lea, MN
    Land, Albert Lea, MN

    1705 Oakwood Terrace, Albert Lea, MN 56007

    $35,000
    0.33 AC lot

    Land · 0.33 Acres

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    Land, Albert Lea, MN
    Land, Albert Lea, MN

    2021 Stevens Street, Albert Lea, MN 56007

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    0.77 AC lot

    Land · 0.77 Acres

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    Unimproved Land
    Unimproved Land

    Albert Lea, MN 56007

    $35,000

    Residential land & home lots

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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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    Land
    Land

    2021 Stevens St, Albert Lea, MN 56007

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    Residential land & home lots

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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

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    60.00 AC lot

    Land parcels ideal for light industrial or distribution ventures.

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    Unimproved Land
    Unimproved Land

    Albert Lea, MN 56007

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    Residential land & home lots

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    Land for Custom-Built Homes
    Land for Custom-Built Homes

    Lakeview Blvd & W Richway Dr, Albert Lea, MN

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    49.15 AC lot

    Land with natural beauty ideal for custom-built homes.

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    5 Acre Commercial Lot
    5 Acre Commercial Lot

    2320 E Main St, Albert Lea, MN 56007

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    5.00 AC lot

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

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    Visible Industrial Site on I-90
    Visible Industrial Site on I-90

    0 US I-90, Albert Lea, MN 56007

    Contact for pricing
    588,060 sqft 13.50 AC lot

    Industrial site with high visibility on I-90 in Albert Lea.

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    Albert Lea, MN Land Market Trends and Statistics

    Explore 34 land for sale in Albert Lea, MN, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 7,563,977 square feet of properties for sale, with an estimated market value of $4,022,800.

    Sale prices for lots in Albert Lea, MN start at $35,000, averaging $268,186, 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 11
    Commercial land 10
    Industrial land 3
    Agricultural land / Farmland 1

    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 $199.1K

    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%

    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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