Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

1064 Victory Dr E E Ste Mankato, MN 56001-2488

  • Commercial real estate
  • 960 SF
  • 0.03 lot acres
OFF-MARKET
Last Sale
Aug 10, 2021
$192,585
Value Estimations
$205,000
Show details
Cap Rate Potential
4%
Commercial real estate
Location Intelligence
Property ID
US46-2960756
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Niche Artisan Homes / Construction Company
  • Commercial condos / Business Park
  • Hested Hoops Skill Training / Basketball Club

Property Details for 1064 Victory Dr E E Ste

Year built
2017
Lot size
0.03 lot acres
Property size
960 SF
Property type
Commercial real estate
APN
R01.09.21.326.036
APU
R010921326036

Description

This exceptional commercial property, located at 1064 S Victory Drive, Unit A, Mankato, MN 56001, presents a unique investment opportunity. Priced at $125,000, this 960 square foot end unit offers significant potential for various commercial uses. The building features a built-in loft, providing extra space and versatility. The unit is equipped with forced air heating and air conditioning, ensuring year-round comfort. Plumbing is already in place for a bathroom, simplifying any future renovations. Practical features include an epoxy floor and a floor drain, adding to the property's functionality. The property's location in Mankato, Blue Earth County, Minnesota, offers convenient access to local amenities and transportation routes. This is a blank canvas ready for your vision, whether it's a workshop, studio, or small business space. The property's size and features make it an attractive option for entrepreneurs and investors seeking a cost-effective entry into the Mankato commercial market. This is a rare opportunity to acquire a well-situated commercial property at an attractive price point. Contact us today to schedule a viewing and explore the possibilities.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $210,000
    ML approach
    $200,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $140,000
    6.5%
    $130,000
    7%
    $120,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Mankato
County
Blue Earth
State
Minnesota
Longitude
-93.9632
Latitude
44.1428
CBSA code
31860
CBSA name
MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,360
$8,300
$67,900
$76,200
-
$8,300
$67,900
$76,200
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message