Property profile

510 Water St Albert Lea, MN 56007

OFF-MARKET
Land
Property ID
US46-2551569
0.2 ac lot
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Property summary

AI-generated overview

Build your dream home on these exceptional residential lots located in Albert Lea, Minnesota, within Freeborn County. These three lots offer a fantastic opportunity for new construction or a savvy investment. Two lots boast generous .30-acre parcels, providing ample space for a substantial home and landscaping, while the third lot offers a comfortable .20-acre footprint. The address is 510 Water St, Albert Lea, MN 56007, conveniently situated with easy access to local amenities and services. The lots are zoned for residential use, allowing for a variety of home styles and designs. This is a rare opportunity to acquire land in a desirable location, perfect for those seeking to build their dream home or add to their investment portfolio. The lots are ready for development, offering a streamlined path to construction. Don't miss out on this chance to secure your piece of Albert Lea. The geographic coordinates are 43.650872 latitude and -93.374337 longitude. Serious inquiries only.

Property profile

Verified
Property type Land
Lot 0.2 ac (8,712 SF)
UPID US46-2551569

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

510 Water St Albert Lea, MN 56007
Albert Lea metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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