Commercial Real Estate Market in Albertville, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
47 active listings and 109 off-market properties in Albertville, MN.
Market Trends
Albertville, MN spans 8.2 square miles in Wright County, Minnesota. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Albertville, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Albertville, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial vacancy in Albertville, MN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily vacancy in Albertville, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 48.1%
- Planned_development 17.9%
- Industrial 12.9%
- Civic 10.6%
- Commercial 10.5%
Largest Zones share of zoned land by district
Albertville, MN zones 2,453 acres across 19 districts. Commercial zoning covers 10.5% of zoned land, residential 48.1% and industrial 12.9%. The largest single district is Low Density Single Family at 22.3%. For commercial buyers the practical constraint is that only 23.4% of land carries a commercial or industrial designation.
The purpose of the R-1A residential low density single family district is to provide for an exclusive low density, large lot single family detached dwelling unit area, and directly related, complementary uses
Market overview
Demographics & Economy
Albertville, MN has 12,791 residents in 4,720 households. Density runs 1,565 people per square mile. Median household income here is $131,157 and median gross rent $1,458 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Albertville?
What zoning applies to commercial property in Albertville?
Where does Realmo's Albertville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 44 active for-sale and 3 active for-lease listings in Albertville, MN. The sale median is based on 3 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,453 zoned acres across 19 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
