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    Kram Ave & Betha Larson Ln Albert Lea, MN

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    For Sale
    $627,300

    Industrial land with utilities and transportation access for sale.

    Lot size:
    13.94 Acres

    Property Features for Kram Ave & Betha Larson Ln

    General Information

    Lot size
    13.94 Acres

    Source: The Brookshire Company Agent Gerald "Gerry" Norton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Industrial Land Opportunity

    The Habben Site presents an opportunity for industrial development, featuring two expansive lots in a prime location with access to major transportation routes. Infrastructure is in place, with utilities available along adjacent roads and high-speed fiber for modern business needs. A retention pond and a water main system, designed for fire flow capacity exceeding 2,000 gallons, ensure safety and efficiency. Soil testing has been completed and is available for review.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Albert Lea
    County
    Freeborn
    State
    Minnesota
    Longitude
    -93.3686555
    Latitude
    43.6478006

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    FAQs

    What type of property is this?
    Land - Industrial land with utilities and transportation access for sale.
    Where is this land located?
    The property is located at Kram Ave & Betha Larson Ln Albert Lea, MN.
    What is the asking price?
    The asking price for this property is $627,300.
    What are key features of this property?
    This property features: - Prime location with unparalleled access to major transportation routes.; - Two expansive lots suitable for industrial development.; - Utilities in place along adjacent roads, ready for connection.
    (612) 386-8433
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    Kram Ave & Betha Larson Ln Albert Lea, MN
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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
    Kram Ave & Betha Larson Ln Albert Lea, MN
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