Commercial Zoned Site!

ACTIVE 7 +/- Acres $575,000
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Why You'll Love It

Location, Location, Location!
21135 775th Ave | Albert Lea, MN

7.0± acres with IDD zoning and utilities available.

A Premier Development Opportunity in a High-Growth Corridor

Positioned directly off Interstate 35, this 7.0-acre parcel offers outstanding exposure, convenient access, and flexible zoning ideal for high-performing commercial or mixed-use development. With more than 21,000 vehicles per day and immediate access to East Main Street, the site is perfectly suited for businesses that depend on strong traffic counts and easy visibility. Albert Lea continues to experience meaningful commercial growth, and this property sits in the center of that momentum.

Strategic Location

The property sits directly adjacent to Interstate 35, a major north-south transportation corridor. It is only 2.7 miles from the Albert Lea Municipal Airport. The site has quick connectivity to East Main Street and downtown Albert Lea. It is positioned within a thriving commercial node that includes national retail, hospitality, and service brands. The surrounding region offers strong workforce support and excellent logistical advantages for both local and regional operations.

Exceptional Zoning Flexibility – IDD (Interstate Development District)

Rezoning is complete, allowing developers to move directly into planning. The IDD zoning district provides one of the broadest use categories in the region.  Commercial and retail uses include retail stores, shops, consumer services, restaurants, fast food establishments, specialty dining, hotels, motels, and travel centers. Industrial and business uses include industrial offices, research, development and training centers, manufacturing, warehousing, and transportation terminals. Community and residential uses include multifamily housing such as townhomes, churches, clubs, community facilities, and daycare centers. Additional permitted uses include vehicle sales and service, lumberyards, medical centers, and low-potency cannabis retail (with limitations per ordinance). This zoning framework provides exceptional flexibility for numerous development strategies.

Utilities in Place and Development Ready

City water and sewer, electricity, and natural gas are all available. A survey can be provided upon request. With utilities already in place, development timelines can be shortened and project costs reduced.

Located in a Thriving Commercial Hub

Nearby businesses include Love’s Travel Stop with Wendy’s, TA Truck Service (Trail’s Petro), Holiday Inn Express, Walmart Supercenter, Home Depot, Maurices, Dollar Tree, and Syverson Volvo. This commercial environment attracts consistent regional traffic and creates synergy for retail, hospitality, industrial, and service-oriented users.

Expand Your Development Footprint

An adjacent 6.5-acre parcel at 21133 775th Ave is also available. You may purchase either parcel individually or combine them for a 13.5-acre development site ideal for large-scale commercial centers, corporate campuses, industrial or flex facilities, multi-building projects, or multifamily and mixed-use layouts.

Read More

Parcel #/ID

R34.398.0180

Legal Information

7.00 acres Lot 13 Subd W 1/2 SE 1/4 Section 2-102-21, City of Albert Lea, Freeborn County, MN

Unit Size:

304,920 SF ($1.89/SF )

Property Highlights
Commercial Land
Homes, Cabins, Acreages & Lots Vacant Land

2025 Taxes:

$1,544

Zoning:

IDD - Interstate Development District

Future Land Use:

Future development in IDD

Listing ID#:

3258687


Location
21135 775th Ave
Albert Lea, MN 56007
Coordinates:

43.661355921596 , -93.317494170219

From downtown: travel east on East Main Street; go past I-35 ramp; turn left/north on 775th Avenue.

Property will be on your left (west side of 775th Ave).

All land qualifies for a 1031 exchange!
Contact
Managing Broker - MN & ND
5.0 stars
60 reviews
Cell: 507-382-0908
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