2404 SE Marshall Street, Albert Lea, MN 56007 (MLS# 7145070)

2404 SE Marshall Street, Albert Lea, MN 56007

Property Type: Land Lot Size (sq. ft.): 261,360 Status: Active

Current Price: $1 List Date: 9/15/2026 Last Modified: 10/01/2026

Overview

Description

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 FE ... (Read more) 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!

Listing Details MLS# 7145070

General Property Information

Comp Sale YN: No
Development: No
Is Buyers Premium: Yes
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Waterfront YN: No
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 400x653
Acres: 6
Assessment Pending: Unknown

Property Features

Available Utilities: None Connected Development Status: Other Improvements: None Land Inclusions: None Topography: Wooded

Contract Information

Auction Type: Reserve
Contingency: None
Original List Price: Yes
ListPrice: Yes
Owner is an Agent?: No
Auction?: Yes

Location Tax and Other Information

House Number: 2404
Street Direction Prefix: SE
Street Name: Marshall
Street Suffix: Street
Postal City: Albert Lea
County: Freeborn
State: MN
Zip Code: 56007

Acreage Information

Taxable Acres: 6

Assessments

Tax With Assessments: 5494

More Information

Builder Information

Builder Restrictions: Open

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 21
Section#: 11
Township#: 102

Listing Office: HomeProz Real Estate

Last Updated: October - 01 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

2404 SE Marshall Street, Albert Lea, MN 56007 (MLS# 7145070)