It is all about location with this 7+/- acre lot conveniently located just off of Interstate I-35 and East Main Street in Albert Lea with great access and plenty of exposure. This property has been reviewed with city officials for classification under the Interstate Development District (IDD) with permitted uses including but not limited to: retailing/consumer services, governmental offices/facilities, financial/business centers, eating/drinking establishments, restaurants, cocktail lounges, theaters/entertainment, retail/convenience retail shops, convenience stores, hotels/motels, hospitality facilities, automotive, truck, agricultural, and recreational vehicle sales and services, lumberyards, home improvement centers, agricultural building supplies, churches/religious buildings, clubs, clinics/hospitals - medical centers and services, industrial offices, research and training centers, light manufacturing, warehousing and wholesaling, multifamily residential, including townhouses (3 or more units) and…
Full description
Protect Yourself FromRental Scams
While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow
expert tips to reduce the risk of fraud when renting a new apartment.
The average household income in
Albert Lea, MN
grew
from
$42,128
to
$43,532
in the past year. This data is an estimate based upon
7,806
households in
Albert Lea, MN. The chart below presents how household income is distributed in
Albert Lea, MN
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Albert Lea, MN
compared to median property taxes around the country. The prevalent amount of property taxes in
Albert Lea, MN
equals
$800-$1,500
, which is
less
than the national average.