2404 SE Marshall St, Albert Lea, MN 56007

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 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!