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Residential Land in Albert Lea
For Sale
$299,000

Stevens St, Albert Lea, MN 56007

LAND - Albert Lea, MN

Property SizeContact for details
Lot Size3.62 Acres
Days on Market196

Property Features for Stevens St

General Information

Property type Land
Property subtype Other
Directions Go south on Highway #218 for 2.5 miles and turn right (west) on 29th Ave and go 0.3 miles and the property will be on the right (north)
Standard status Active
Lot size 3.62 Acres
Listing Agency: High Point Land Company, LLC
Listed By: Troy Stafford · License #40667435
Added: Feb 5 Changed: Jul 26 Last Checked: Aug 20 at 9:06AM
MLS# 11642926

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This is a 3.62-acre residential non-homestead property located on the frontage road of Albert Lea, just off Stevens St, in front of the Village Cooperative of Albert Lea. The site benefits from existing electricity, water, and fiber infrastructure, making it suitable for expansion and future growth. Its location near key transportation hubs and modern infrastructure positions it favorably for development. The property has great access off a paved road and offers virtually endless development opportunities. The city is ranked as a "Top Affordable Small Town" and features over 40 parks and scenic trails. The location benefits from a heavy traffic corridor.

Key Highlights

  • 3.62 acres of Residential Non‑homestead land
  • Utilities (electricity, water, fiber) already in place
  • Prime location for development off Stevens St, Albert Lea

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

155
Businesses Nearby

Demographics for 56007, MN

21,434
Population
9,873
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
88%
High-School Grad
169.3 sq mi
ZIP Area
127
Density / Sq Mi
$66,479
Median Household Income
$43,867
Median Earnings
$843
Median Rent
$161,100
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Land - 3.62 acres of residential land ready for development.
Where is this land located?
The property is located at Stevens St Albert Lea, MN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 3.62 acres of Residential Non‑homestead land; Utilities (electricity, water, fiber) already in place; Prime location for development off Stevens St, Albert Lea
More about this property
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