Albert Lea Land for Sale

Albert Lea, Minnesota is a charming city located in Freeborn County. It is a small city with a population of 18,000, but it has a lot to offer to those looking for a place to call home. The city is home to several parks, lakes, and trails as well as a number of historic buildings. It also has a vibrant downtown area with plenty of shops, restaurants, and entertainment options.

The real estate market in Albert Lea is strong and there is plenty of land for sale. Whether you're looking for a place to build your dream home or a place to start a business, you'll find something that suits your needs. There are lots of residential areas that offer a variety of homes and styles, from single family homes to townhomes and condos. You can also find a variety of commercial properties available, including office buildings, warehouses, and retail spaces.

The city is also a great place to invest in land. There are lots of undeveloped parcels that are perfect for agricultural use or to build on. You can find lots of all sizes and shapes, from small lots for a single home to large tracts of land for development. The city also offers incentives to developers who are looking to invest in the area.

If you're looking for a place to call home or an investment opportunity, Albert Lea is a great option. With its beautiful scenery, vibrant downtown, and plenty of land for sale, it's an ideal place for anyone looking to make a move.

Newest Albert Lea Land for Sale

7145070 MLS

HENRICKSEN ACREAGE AUCTION Freeborn County, Minnesota LandProz is pleased to present the Henricksen Acreage Auction in Freeborn County, Minnesota! This 6 +/- acre building site, subject to survey, will be offered to the public through online bidding via AuctionCast at LandProz.com. Bidding will begin to close at 4:00 PM CST on October 20, 2026. The auction will continue as long as active bidding is taking place, with each bid extending the closing time by 2 minutes. Located just outside of Albert Lea, Minnesota, this property offers an excellent opportunity to create your own private country retreat while remaining conveniently close to town. Situated off a blacktop road, the property offers the peaceful rural setting many buyers are looking for while still being just minutes from Albert Lea's shopping, dining, schools, employment, and other local amenities. With approximately 6 acres to work with, this property offers a variety of possibilities. Whether you're looking to build your dream home, establish a private acreage, create a building site, or add a shop or other improvements, this property is well worth a look. PROPERTY FEATURES • 6 +/- Acres — subject to survey • Convenient access off a blacktop road • Existing building site • Timber • Great location just outside Albert Lea • Real Estate Taxes: TBD IMPORTANT BUILDING SITE INFORMATION Buyers are responsible for independently verifying all building, zoning, septic, water, setback, utility, access, and other development requirements with the appropriate governmental authorities prior to bidding. AUCTION TERMS • $5,000 non-refundable earnest money is due on the day of the auction with a certified check. • Earnest money will be held in the listing brokerage's escrow account until closing. • Only approved bidders will be registered to bid. • Buyers must provide a letter of credit or proof of funds prior to bidding. • Closing: On or before December 2, 2026. • A 5% Buyer's Premium will be added to the final purchase price. • Bidding will be conducted in total dollars. • Final acreage is subject to survey. • Online auction will soft close at 4:00 PM CST on October 20, 2026, with 2-minute extensions if active bidding continues. • Buyer will assume possession of the non-tillable acreage at closing. • Buyer will assume possession of the tillable acreage once the current tenant's crops have been harvested and removed. • Buyer(s) are responsible for conducting their own due diligence prior to bidding, including verification of building eligibility, septic requirements, city water requirements, zoning, setbacks, utilities, access, and any other matters affecting the property's intended use. • Cooperating Buyer Brokers: Any broker representing a buyer will be responsible for obtaining and negotiating their own buyer-broker compensation directly with their buyer. Any buyer-broker compensation will be the sole responsibility of the buyer and will be in addition to the purchase price and the 5% Buyer's Premium. The listing brokerage and seller will not be responsible for payment of buyer-broker compensation. • Any statements made the day of the auction will take precedence over all previous advertising, statements, and materials. • All information provided herein has been obtained from sources deemed reliable; however, neither the auction company nor the seller guarantees the accuracy of the information. LOCATION. OPPORTUNITY. YOUR BID. Acreage this close to Albert Lea with blacktop access, timber, and an existing building site offers plenty of potential. Buyers should complete their due diligence, understand the development requirements, and come prepared to bid their price! For additional information regarding the property or auction process, please contact: Greg Jensen – LandProz Broker & Auctioneer 507-383-1067 Sonny Jensen – LandProz Agent & Auctioneer 507-402-9445

2404 SE Marshall Street, Albert Lea

Listing courtesy of HomeProz Real Estate.

$35,000

7117989 MLS

This could be where you build your dream home! Explore the possibilities on Oakwood Terrace with this vacant lot offering about 77 feet of frontage on Albert Lea Lake. Seller has improved the property with DNR approved grading a path to the shoreline. Purchase this lot individually or consider acquiring the adjacent available lot to create a larger combined property with added space and flexibility. Approximately 5,050 sq ft is believed to be available for building. Buyer to verify all intended uses, utilities, zoning, building requirements and shoreline restrictions.

1705 Oakwood Terrace, Albert Lea

Listing courtesy of Leland Realty.

$35,000

7117960 MLS

Have you ever dreamed of building your own home? Explore the possibilities on Oakwood Terrace. Purchase this vacant lot individually or consider acquiring the adjacent available lot to create a larger combined property with added space and flexibility. Set in the established Oak Knoll Addition near Albert Lea Lake and South Shore Drive, this location offers an appealing opportunity for a future homesite. Seller has improved the property with DNR approved grading a path to the shoreline. Buyer to verify all intended uses, utilities, zoning, building requirements and shoreline restrictions.

1701 Oakwood Terrace, Albert Lea

Listing courtesy of Leland Realty.

$149,900

7113655 MLS

Build your dream home in a setting of peace, tranquility, and breathtaking natural beauty! This exceptional lakefront property on beautiful Albert Lea Lake includes two parcels totaling approximately 5.3 acres (2.7 acres and 2.6 acres), offering ample space for your custom home and endless possibilities. Enjoy the serenity of country living while being located just one minute from Albert Lea with quick and convenient access to Interstate 35 and Interstate 90. Whether you’re looking for a private retreat or the perfect place to build your forever home, this property delivers. Don’t miss this rare opportunity—priced to sell!

TBD 767th Avenue, Albert Lea

Listing courtesy of Unique Realty.

$28,000

7103482 MLS

Great opportunity to build a home slab on grade on a 0.77 acre lot in the heart of the city. Great location.

2021 Stevens Street, Albert Lea

Listing courtesy of Keller Williams Preferred Rlty.

$595,000

7099296 MLS

Exceptional opportunity to own 12 scenic acres in the countryside with a blend of open pasture, hay ground, mature trees, fruit trees, and established berry plantings. The property offers ample space for hobby farming, gardening, livestock, recreation, or future agricultural use. Improvements include an updated well (2025) and compliant septic system, providing a strong foundation for a variety of rural lifestyle opportunities. Enjoy peaceful country surroundings, abundant wildlife, and the flexibility to create your own vision in a beautiful rural setting.

26444 740 Ave, Albert Lea

Listing courtesy of Edina Realty, Inc..

$285,000

7080766 MLS

Incredible visibility on this 1.3-acre commercial corner lot! Located right on E Main Street heading into Albert Lea, this highly accessible, level parcel features light tree coverage and is zoned Business/Commercial. All major utilities are available—including city water, sewer, electricity, and natural gas—making this site primed and ready for immediate development. Features an established shared driveway for seamless ingress/egress. Don’t miss out on this exceptional subdivided commercial lot in a high-demand sector of Freeborn County.

1916 Main Street, Albert Lea

Listing courtesy of Bridge Realty, LLC.

$49,900

7071921 MLS

Excellent level building lot with numerous planted trees an a sprinkler system in the Bay Oaks neighborhood.

TBD Bay Oaks Drive, Albert Lea

Listing courtesy of Century 21 Atwood.

$28,000

7064942 MLS

Build your dream house on this nearly 1/2 acre lot in the lovely Tiger Ridge Neighborhood! Lot is situated on a paved cul-de-sac with all essential infrastructure already in place including: curbs, gutters, storm sewers, utilities (water, gas, electric, and cable), and more. Perfect lot for a walk out basement with views of Goose Lake. Close to I-90 & I-35, shopping, and schools. Sidewalks and a park in the development down the road. Curbs already installed. Eliminate the guesswork of land development with this staked/platted lot which is ready for your architectural plans. Choose your own builder and move in while the weather is great. *CONTRACT FOR DEED OPTIONS AVAILABLE*

1738 Tiger Ridge Court, Albert Lea

Listing courtesy of Keller Williams Integrity Realty.

$45,000

7063804 MLS

Build your dream home on this 2.5 acre buildable lot in Albert Lea. This property provides ample room for a custom home, garage, outbuilding, and outdoor living area. Enjoy the peaceful setting while still being conveniently located near town, with easy access to shopping, dining, and everyday amenities. Utilities are nearby, helping make the building process smooth and efficient. An added opportunity an additional 2.57 acre lot is available directly adjacent to this property. Purchase one or both parcels to expand your acreage, enhance privacy, or invest in future potential.

TBD (Lot 2) Wildwood Circle, Albert Lea

Listing courtesy of Timber Ghost Realty, LLC.

$45,000

7063610 MLS

Build your dream home on this 2.57 acre buildable lot in Albert Lea. This property provides ample room for a custom home, garage, outbuilding, and outdoor living area. Enjoy the peaceful setting while still being conveniently located near town, with easy access to shopping, dining, and everyday amenities. Utilities are nearby, helping make the building process smooth and efficient. An added opportunity an additional 2.5 acre lot is available directly adjacent to this property. Purchase one or both parcels to expand your acreage, enhance privacy, or invest in future potential.

TBD (Lot 1) Wildwood Circle, Albert Lea

Listing courtesy of Timber Ghost Realty, LLC.

$210,000

7001734 MLS

A Hunter’s Dream Getaway—or the Perfect Place to Build! Step back in time on one of the most unique properties in southern Minnesota! With a total of 23.16 wooded acres, this land offers unbelievable old-time character and charm that you simply won’t find anywhere else. It’s truly a must-see. At the heart of the property sits an insulated rustic shack cabin, complete with a woodburning stove that makes you feel as though you’ve walked straight into an old movie. Cobblestone sidewalks lead the way to a one-of-a-kind outhouse built into a hollow tree, a handy shed, and a Winco Power System providing both 110 & 220 electrical service (with generator negotiable). And yes—there’s even a hammock waiting for you. While water is hauled in, the simplicity only adds to the nostalgic experience. Outdoors, this land is a premier hunting retreat. With two ponds, surrounding cornfields, and six strategically placed deer stands, the property has produced jaw-dropping whitetail bucks—many over 150 inches. Ducks, turkey, deer, coyotes, bonfires, and evenings with friends—this is where memories are made. Well groomed trails wind endlessly through the land, perfect for walking, four-wheeling, or a side-by-side ride. While it shines as a hunter’s haven, the possibilities don’t end there. The property consists of four parcels, each with its own buildable site: • Parcel 1 (PID 130300061): 6.24 acres • Parcel 2 (PID 130300090): 6.16 acres • Parcel 3 (PID 130300091): 5.0 acres • Parcel 4 (PID 130300121) : 5.76 acres All four parcels are being sold together. Keep it all for yourself, build a dream home alongside your nostalgic cabin, or explore development options. You could even create a one-of-a-kind Airbnb retreat. No well. No Septic. Two points of Access. Zoned Rural Residential. There are two Freeborn Mower Electrical junction boxes on each end parcels to tie into. Total Taxes for all four Parcels is $1,894. Whether you’re looking for a hunting paradise, a rustic getaway, or the perfect site to build, this property offers it all—with character you won’t forget!

na na, Albert Lea

Listing courtesy of HomeProz Real Estate.

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