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    22061 589Th Ave Mankato, MN 56001

    For Sale
    $912,300

    Industrial - Mankato, MN

    Type:Industrial
    Lot size:
    60.82 Acres
    Days on Market:
    452
    Last Refresh:
    Dec 14 at 1:06 pm

    Property Features for 22061 589Th Ave

    General Information

    Property type
    Land
    Property subtype
    Industrial
    Standard status
    Active
    APN
    R430911100005 & R430911100003
    EntryLevel
    16
    Lot size
    60.82 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Dynamic Agents (507) 385-9405 [email protected]

    Listing agent CARLOS CARRERA (507) 385-9405

    Listing date Sep 19, 2024

    MLS# 7035958 Listing URL

    Copyright © 2025 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mankato Industrial Land for Sale

    This 60.82-acre property in Mankato, MN, is zoned for light industrial use. It features direct access to Highway 14, facilitating connections to Interstate I-35 and Highway 169. The location is near national manufacturing companies and key distribution centers, making it suitable for industrial, warehousing, or logistics operations. Its proximity to the Northern State Power Substation also positions it as a potential site for solar panel installations and energy development projects.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Building Supply Dental Office Spa & Massage Auto Repair Shop Wholesale Shop Hair Salon Clothing Store Nail Salon Pharmacy Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Nicollet
    State
    Minnesota
    Longitude
    -93.922774
    Latitude
    44.178629

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    FAQs

    What type of property is this?
    Industrial land - 60.82 acres zoned for light industrial use with highway access.
    Where is this industrial land located?
    The property is located at 22061 589Th Ave Mankato, MN.
    What is the asking price?
    The asking price for this property is $912,300.
    What are key features of this property?
    This property features: - Prime 60.82 acre property.; - Direct access to Highway 14 with convenient links to I-35 and Highway 169.; - Zoned for light industrial use, suitable for industrial, warehousing, or logistics operations.
    (507) 385-9405
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22061 589Th Ave Mankato, MN 56001
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