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    Bridge Ave N Albert Lea, MN 56007

    For Sale
    $325,000

    Lots & Land - Albert Lea, MN

    Lot size:
    1.15 Acres
    Days on Market:
    222
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for Bridge Ave N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Lot
    APN
    343150020
    Lot size
    1.15 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Premier Realty Rochester (507) 424-4422 [email protected]

    Listing agent Lanier Pratt (507) 424-4422

    Listing date Apr 29, 2025

    MLS# 6707497 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Development Opportunity in Albert Lea

    This 1.15-acre commercial land parcel presents a development opportunity in Albert Lea, Minnesota. The lot is situated on one of the city's busiest streets, directly across from Northbridge Mall and the new Mercy One health clinic.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Albert Lea
    County
    Freeborn
    State
    Minnesota
    Longitude
    -93.359691
    Latitude
    43.680708

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    FAQs

    What type of property is this?
    Commercial land - Located on a busy street, near a mall and clinic.
    Where is this commercial land located?
    The property is located at Bridge Ave N Albert Lea, MN.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Prime development opportunity.; - Located on a busy street.; - Directly across from Northbridge Mall.
    (507) 424-4422
    Request Owner's contact information
    Bridge Ave N Albert Lea, MN 56007
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Bridge Ave N Albert Lea, MN 56007
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