$975,000

This commercial and residential development land offers Interstate I-35 visibility of the 6.5± acres in Freeborn County within the city of Albert Lea, MN. Approximately 21,000+ drivers per day on Interstate I-35 will see your business clearly every single day. High visibility is key for any commercial venture, and this location puts your project right in front of passing traffic. You can build to capture that attention immediately. The property sits directly adjacent to Interstate I-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. Rezoning is complete, allowing developers to move directly into planning. The IDD (Interstate Development District) zoned district provides one of the broadest use categories in the region and which allows retail, restaurants, hotels, vehicle services, industrial/warehouse, offices, multifamily, daycare, and more. The property suits both residential, commercial, and mixed-use development, providing flexibility to meet your goals. This means you can combine housing and business spaces on one site to maximize your investment. Retail shops and professional offices would thrive with this exposure, and the ground is also highly suitable for a medical clinic. Hospitality developers can take advantage of the highway visibility to attract travelers. Multifamily development fits perfectly into the plans, allowing you to build homes or apartments to meet local housing demand. Light industrial projects also have a place on this versatile land. The size of the parcel gives you plenty of room to design efficient layouts. A parcel of 6.5± acres is the right size for many projects. It is large enough for significant building footprints and parking, yet it remains manageable for a single developer. You do not have to buy more land than you actually need. Interstate I-35 visibility provides free advertising for your business. Customers can spot your location easily from the highway, which is a major benefit for retail and medical clients. Your tenants will appreciate the prominent placement of their offices. City water and sewer, electricity, and natural gas are all available, as well as a pedestal by the driveway for internet WCTA - http:// --- Fiber to the Business [FTTB]. With utilities already available, development timelines can be shortened and project costs reduced. The demand for integrated living and working spaces continues to grow. Developing a mixed-use community here allows you to capture multiple segments of the market at once. You can create a vibrant hub that serves both residents and visitors. This land is a blank canvas for your development team. You can plan the entire site from the ground up, ensuring every acre is utilized to its highest and best use. Whether you build retail, residential, or a mixed-use development, the potential is clear. This commercial and residential listing offers a rare development opportunity. Contact us today to learn more about this prime property.