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    Property profile & analytics

    Albert Lea, MN 56007

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2376093
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details

    Property type
    Commercial real estate
    APN
    34.247.0512
    APU
    342470512

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albert Lea
    County
    Freeborn
    State
    Minnesota
    Longitude
    -93.3347
    Latitude
    43.6523
    CBSA code
    10660
    CBSA name
    ALBERT LEA, MN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $140
    $6,500
    $0.00
    $6,500
    -
    $6,500
    $0.00
    $6,500

    Comparable in this City

    • Value Estimation by Request

      302 Frnt St

      COMMERCIAL (GENERAL)
      302 Frnt St, Albert Lea, MN 56007-2715
      View Details
    • Value Estimation by Request
      0.14 Acres

      Albert Lea, MN 56007

      COMMERCIAL (GENERAL) • 0.14 Acres
      Albert Lea, MN 56007
      View Details
    • Value Estimation by Request

      Albert Lea, MN 56007

      COMMERCIAL (GENERAL)
      Albert Lea, MN 56007
      View Details
    • Value Estimation by Request

      Albert Lea, MN 56007

      COMMERCIAL (GENERAL)
      Albert Lea, MN 56007
      View Details
    • Value Estimation by Request

      808 Frnt St

      COMMERCIAL (GENERAL)
      808 Frnt St, Albert Lea, MN 56007-1947
      View Details
    • Value Estimation by Request

      Albert Lea, MN 56007

      COMMERCIAL (GENERAL)
      Albert Lea, MN 56007
      View Details

    Similar Nearby for Sale

    • $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
    • $557,800
      13.50 Acres

      I-90 Industrial Land, Albert Lea, MN

      13.5-acre industrial site, high visibility.
      0 Us I-90, Albert Lea, MN 56007
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    • $329,000

      Albert Lea Commercial Land Opportunity

      5-Acre Commercial Lot, Prime Location
      2320 Main St, Albert Lea, MN 56007
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    • $975,000
      6.50 Acres

      21133 775Th Ave

      Retail properties • 283,140 SF
      21133 775Th Ave, Albert Lea, MN 56007
      View Details
    • Contact for pricing
      1.50 Acres

      Albert Lea Retail Land Opportunity

      1.5-acre commercial lot, I-90 access.
      1619 Main 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

    Similar Nearby for Lease

    • Contact for pricing
      82,988 SF

      Northbridge Mall: Albert Lea Retail

      Prime Albert Lea retail space, 16 units available.
      2510 Bridge Ave, Albert Lea, MN 56007
      View Details
    • $5 SF/Yr
      3,100 SF

      Albert Lea Business Development Center

      Office and warehouse space in Albert Lea's entrepreneurial hub.
      2530 Yh Hanson Ave, Albert Lea, MN 56007
      View Details
    • $13 SF/Yr
      1,540 SF

      Retail Space in High-Traffic Area

      1,540 SF retail suite in a busy strip center.
      160 Bridge Ave, Albert Lea, MN 56007
      View Details
    • Contact for pricing
      1,680 SF

      Retail Space Available For Rent

      Retail space available for rent at Hwy 65 & E Clark St.
      E Clark St, Albert Lea, MN 56007
      View Details
    • $5 SF/Yr
      200,000 SF

      Spacious Industrial Property for Lease

      200,000 SF industrial space available for lease.
      411 S 1St Ave, Albert Lea, MN 56007
      View Details
    • $5 SF/Yr
      41,250 SF

      Albert Lea Business Center

      Flex/Warehouse Space Available
      2610 Yh Hanson Ave, Albert Lea, MN 56007
      View Details
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    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
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