Waterfront

Albert Lea, MN Waterfront Land for Sale

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Land
Updated: Jul 30
Land

1705 Oakwood Ter, Albert Lea, MN 56007

$35,000
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Land
Updated: Jul 29
Land

1701 Oakwood Terrace, Albert Lea, MN 56007

$35,000
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Albert Lea, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Agricultural Land
Agricultural Land

3700 11th Pl NE, Austin, MN 55912

$469,900
2,340 sqft

The parcel adjoins public land and the Cedar River/Ramsey Mill Pond.

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Waterfront Land with Lakeside Cabin
Waterfront Land with Lakeside Cabin

22170 Nettle Avenue, Mason City, IA 50401

$1,040,000
158.64 AC lot

A-1-zoned waterfront acreage includes a lakeside cabin, deck, beach, and two private boat ramps.

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Waterfront Residential Land Parcel
Waterfront Residential Land Parcel

2500 6th NW Avenue, Austin, MN 55912

$150,000
6.77 AC lot

Level, ready-to-build waterfront lot in CrestHaven Addition with approximately 700 feet of water frontage.

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Mason City Waterfront Development Opportunity
Mason City Waterfront Development Opportunity

1100 S Harrison Ave, Mason City, IA 50401

Contact for pricing
31.00 AC lot

31+ acre property with 7-acre stocked pond in Mason City.

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Albert Lea, MN Waterfront Land Market Trends and Statistics

Explore 2 waterfront land for sale in Albert Lea, MN on our real estate platform.

Sale prices for water rights properties in Albert Lea, MN average $35,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 12
Commercial land 10
Industrial land 3
Agricultural land / Farmland 2
Waterfront Land 2

Demographics Overview

Population 21K
Population Growth (5Y) +1.4%
Median Household Income $66,479
College Educated 24.2%

High-Yield Neighborhoods for Investment

Identify Albert Lea submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56007 $35K

Taxes & Financing

Tax Rate (average for all types) 2.76%
Property Tax per SF $0.93 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Freeborn County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Albert Lea fall within the 1 to 5 acres range.

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