Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2320 Main St Albert Lea, MN 56007

    Sponsored
    For Sale
    $329,000

    5-Acre Commercial Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5-acre commercial land parcel presents a unique investment opportunity in Albert Lea, Minnesota. Strategically located at 2320 E Main St, this property boasts unparalleled access to Interstate 35, ensuring high visibility and convenient access for businesses and customers. The land is zoned B-2 Community Business District, opening doors to a wide array of potential uses. Imagine a thriving dealership, a state-of-the-art auto repair facility, a comfortable hotel, popular restaurants, a reliable bank, or a modern mini-storage facility – the possibilities are virtually limitless. This prime location offers significant potential for substantial returns. The asking price for this expansive lot is $329,000, translating to $329,000 per square foot. Given its size, location, and zoning, this property represents a rare chance to acquire a highly desirable commercial site in a growing community. The property's address is 2320 E Main St, Albert Lea, MN 56007, situated in Freeborn County. Don't miss this chance to secure a piece of Albert Lea's vibrant commercial landscape. Contact us today to learn more about this exceptional opportunity.

    Property Features for 2320 Main St

    General Information

    Property type
    Land

    HighLights

    • 5‑acre commercial land parcel in Albert Lea, MN.
    • High‑visibility location at 2320 E Main St with I‑35 access.
    • B‑2 Community Business District zoning allows diverse uses.
    • $329,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albert Lea
    County
    Freeborn
    State
    Minnesota
    Longitude
    -93.3331465
    Latitude
    43.6564381

    Nearby Comparable

    • $329,000

      5 Acre Commercial Lot

      5 acre lot zoned for various business uses.
      2320 E Main St, Albert Lea, MN 56007
      View Details
    • Contact for pricing

      Commercial Land Near I-35

      Land convenient to I-35, Home Depot, Walmart, and Love’s.
      Consul St, Albert Lea, MN 56007
      View Details
    • Contact for pricing
      0.65 Acres

      Prime Albert Lea Commercial Land

      Walmart Outlot, High-Traffic Location
      0 Blake Ave, Albert Lea, MN 56007
      View Details
    • $975,000
      6.50 Acres

      21133 775Th Ave

      Retail properties • 283,140 SF
      21133 775Th Ave, Albert Lea, MN 56007
      View Details
    • $975,000
      6.50 Acres

      Prime Commercial Land I-35 Frontage

      6.5± acre commercial land with utilities and flexible zoning.
      21133 775Th Ave, Albert Lea, MN 56007
      View Details
    • $975,000
      283,140 SF

      Prime Albert Lea Commercial Land

      6.5+ Acres, I-35 Access, High Visibility
      21133 775Th Ave, Albert Lea, MN 56007
      View Details
    • $575,000
      7.00 Acres

      Prime Commercial Land I-35 Frontage

      7-acre commercial land parcel with IDD zoning and utilities.
      21135 775Th Ave, Albert Lea, MN 56007
      View Details
    • $2,745,000

      I-35/I-90 Accessible Land Parcels

      Land parcels ideal for light industrial or distribution ventures.
      777th E Main St, Albert Lea, MN 56007
      View Details
    • Contact for pricing

      Land with Highway Access

      Land with sewer, water, and high traffic visibility.
      & I-90 Bridge Ave, Albert Lea, MN 56007
      View Details
    • $369,900
      0.28 Acres

      Versatile Commercial Property with Living Space

      Operating car service station with updated residential living space above.
      226 E Clark St, Albert Lea, MN 56007
      View Details
    • $280,000

      Updated Condo with Lake Views

      Updated 2 bed, 2 bath condo near downtown amenities.
      212 Broadway Ave N, Albert Lea, MN 56007
      View Details
    • $150,000

      Development Opportunity Near Downtown

      3.25 acre lot with existing garage and workshop.
      W Clark St, Albert Lea, MN 56007
      View Details

    Nearby Similar for Sale

    • $369,900
      0.28 Acres

      Versatile Commercial Property with Living Space

      Operating car service station with updated residential living space above.
      226 E Clark St, Albert Lea, MN 56007
      View Details
    • $1,374,450
      161.70 Acres

      Productive Farm with Hunting Potential

      161.7 acre farm with tillable land and hunting.
      720xx 255Th St, Albert Lea, MN 56007
      View Details
    • $280,000

      Updated Condo with Lake Views

      Updated 2 bed, 2 bath condo near downtown amenities.
      212 Broadway Ave N, Albert Lea, MN 56007
      View Details
    • $375,000
      15,000 SF

      Mixed-Use Building in Community Heart

      15,000 SF building with retail and office spaces.
      302 S Broadway Ave, Albert Lea, MN 56007
      View Details
    • $1,000,000
      17,200 SF

      Raw Office Space Near Clinic

      Large office building near Mayo Clinic with business opportunities.
      210 N St Mary Ave, Albert Lea, MN
      View Details
    • Contact for pricing
      49,271 SF

      Northbridge Mall Retail Space

      Albert Lea, MN Shopping Center Redevelopment
      2590 Bridge Ave, Albert Lea, MN 56007
      View Details

    FAQs

    What type of property is this?
    Land - 5-Acre Commercial Lot, Prime Location
    Where is this land located?
    The property is located at 2320 Main St Albert Lea, MN.
    What is the asking price?
    The asking price for this property is $329,000.
    What are key features of this property?
    This property features: 5-acre commercial land parcel in Albert Lea, MN.; High-visibility location at 2320 E Main St with I-35 access.; B-2 Community Business District zoning allows diverse uses.
    Request Owner's contact information
    2320 Main St Albert Lea, MN 56007
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2320 Main St
    Albert Lea, MN 56007
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2320 Main St Albert Lea, MN 56007
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.