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    Property profile & analytics

    Albert Lea, MN 56007

    • Industrial properties
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 12, 2021
    Location Intelligence
    Property ID
    US46-2812812
    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

    • Industrial properties

    Property Details

    Lot size
    0.37 lot acres
    Property type
    Industrial properties
    APN
    34.007.2981
    APU
    340072981

    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
    -93.3755
    Latitude
    43.6454
    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
    $254
    $7,400
    $0.00
    $7,400
    -
    $7,400
    $0.00
    $7,400

    Comparable in this City

    • Value Estimation by Request
      1.48 Acres

      Albert Lea, MN 56007

      INDUSTRIAL (GENERAL) • 1.48 Acres
      Albert Lea, MN 56007
      View Details
    • Value Estimation by Request
      31.20 Acres

      1501 Betha Larson Ln

      INDUSTRIAL (GENERAL) • 31.20 Acres
      1501 Betha Larson Ln, Albert Lea, MN 56007-4026
      View Details
    • Value Estimation by Request

      Albert Lea, MN 56007

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

      Albert Lea, MN 56007

      INDUSTRIAL (GENERAL) • 6.41 Acres
      Albert Lea, MN 56007
      View Details
    • Value Estimation by Request

      408 Airport Rd

      INDUSTRIAL (GENERAL)
      408 Airport Rd, Albert Lea, MN 56007-2081
      View Details
    • Value Estimation by Request

      121 Garfield Ave

      INDUSTRIAL (GENERAL)
      121 Garfield Ave, 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
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      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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      Land with Highway Access

      Land with sewer, water, and high traffic visibility.
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    • $35,000
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      Residential Lot in Quiet Neighborhood

      Residential lot in Albert Lea, Minnesota, totaling 1.174 acres.
      1629 Seath Dr, Albert Lea, MN 56007
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    • $575,000
      7.00 Acres

      Prime Commercial Land I-35 Frontage

      7-acre commercial land parcel with IDD zoning and utilities.
      21135 775Th Ave, Albert Lea, MN 56007
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    • Contact for pricing
      0.14 Acres

      Commercial Land For Sale

      Land for development in a high visibility commercial area.
      Tbd Bridgeport Subdivision, Albert Lea, MN 56007
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    Similar Nearby for Lease

    • $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
    • $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
    • 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
    • $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
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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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