Freeborn County property record for 403 Prospect Ave, Albert Lea, MN 56007 · Last verified July 2026
| Property Type | Commercial |
|---|---|
| Lot Size | 0.564 acres (24,589 sqft) |
| Owner | Individual Name on File |
| Tax Bill | $11,126 (2025) |
| Flood Zone | Zone X (minimal risk) |
| APN | 34.247.0510 |
| Primary APN | 34.247.0510 |
|---|
| Lot Area | 24,589 sqft (0.564 acres) |
|---|
| Street Address | 403 PROSPECT AVE |
|---|---|
| City | ALBERT LEA |
| State | MN |
| Zip | 56007-3904 |
| Property Category | Commercial |
| Property Type | Commercial > Retail |
| Legal Description | BUSCHBOM THIRD ADDITION LOT-P10 BLOCK-005 LOT 10 BLK 5 EXC NLY 75 FT BUSCHBOM THIRD ADD |
| Legal Subdivision | BUSCHBOM THIRD ADDITION |
| Legal Block | 5 |
| Legal Lot Number | 10 |
| Jurisdiction | FREEBORN MN |
| Township / Civil Division | ALBERT LEA |
| Census Block Group | 1 |
| Census Block | 1055 |
| Census Tract | 180600 |
Source: Freeborn County records · APN 34.247.0510
Assessment roll updated June 29, 2026 · Last verified July 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Individual Name on File |
|---|---|
| Mailing Address | 403 PROSPECT AVE, ALBERT LEA, MN 56007-3904 |
| Owner Type | Individual |
| Deed Names | Verified Name on Deed |
|---|---|
| Record Updated | Sep 20, 2026 |
Source: Freeborn County records · Assessment roll updated June 29, 2026 · Last verified July 2026
| Type | Name |
|---|---|
| State | Minnesota |
| Municipality | Albert Lea City |
| County | Freeborn County |
| Unified School District | Albert Lea Public School District (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $384,100 (+18.59%) Land $28,000 Building $356,100 | $384,100 (+18.59%) Land $28,000 Building $356,100 | |
| 2025 | $11,126.00 (+17.17%) | ||
| 2023 | $9,496.00 (+24.95%) | $323,900 Land $28,000 Building $295,900 | $323,900 Land $28,000 Building $295,900 |
| 2020 | $7,600.00 |
Source: FEMA National Flood Hazard Layer, Freeborn County (27047C), updated January 26, 2015 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 270471806001, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Special Flood Hazard Area | No |
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Nearby Flood Policies | 1 in force |
| Nearby Flood Claims | 1 (2016) |
| Claims Outside the SFHA | 1 of 1 |
| Most Recent Claim | Sep 2016, river or lake flooding, Severe Storms And Flooding |
| Wildfire Risk | Low above 3% of the US · above 11% of Minnesota |
|---|---|
| Wildfire Likelihood | Less than 1 in 10,000 per year |
| Exposure | Direct burnable vegetation at the parcel |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 13 locations within about half a mile of this property
| Provider | Technology | Download / Upload (Mbps) |
|---|---|---|
| Metronet Holdings | Fiber | 5,120 / 5,120 |
| Verizon | Fixed Wireless | 300 / 20 |
| LTD Broadband | Fixed Wireless (licensed-by-rule) | 150 / 130 |
| Midcontinent Communications | Fixed Wireless | 100 / 20 |
Availability varies by address; speeds are provider-advertised maximums, not measured.
5G and 4G LTE
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