521 Prospect Ave, Albert Lea, MN 56007 Property Records

Freeborn County property record for 521 Prospect Ave, Albert Lea, MN 56007 · Last verified July 2026

Property Highlights

Property TypeCommercial > Retail
Lot Size8,800 sqft (0.2 acres)
Last Sale$400,000 (2025)
Tax Bill$494.00 (2025)

Property Details

APN / Parcel Number

Primary APN34.247.0280

Exterior

Lot Area8,800 sqft (0.2 acres)
Depth X Width220 ft x 40 ft Depth x Width

Location & Zoning

Street Address521 PROSPECT AVE
CityALBERT LEA
StateMN
Zip56007
Property UsageCommercial Property Usage
TypeCommercial > Retail
Legal DescriptionBUSCHBOM THIRD ADDITION LOT-013 BLOCK-004 SLY 40 FT LOT 13, BLK 4 & BEG SW COR LOT 9 TH ELY 30 FT NWLY 135 FT ELY 70 FT NWLY
Legal SubdivisionBUSCHBOM THIRD ADDITION
Legal Block4
Legal Lot Number13
JurisdictionFREEBORN MN
Minor Civil DivisionALBERT LEA
Census Blockgroup1
Census Block1018
Census Tract180600

Owner

Source: Freeborn County records · APN 34.247.0280

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 RecordCompany Name on File
Mailing Address1210 MARIE AVE, ALBERT LEA, MN 56007-2258
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Known Transactions
  • Last Sale Amount on Jun 19, 2025
  • Deed Sale Price on Jun 19, 2025
Deed Doc Number20251780247
Record RefreshedSep 20, 2026

Tax Assessment & Valuation

Source: Freeborn County records · Assessment roll updated June 29, 2026 · Last verified July 2026

Property Jurisdictions

TypeName
StateMinnesota
MunicipalityAlbert Lea City
CountyFreeborn County
Unified School DistrictAlbert Lea Public School District (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2026$22,900 (-) Land $10,500 Building $12,400$22,900 (-) Land $10,500 Building $12,400
2025$494.00 (+16.51%)$22,900 (+15.66%) Land $10,500 Building $12,400$22,900 (+15.66%) Land $10,500 Building $12,400
2023$424.00 (-26.13%)$19,800 Land $10,500 Building $9,300$19,800 Land $10,500 Building $9,300
2020$574.00

Nearby Properties on Prospect Ave

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