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    2401 North Riverfront Dr Mankato, MN 56001

    For Sale
    Contact for pricing

    3.48-acre commercial site in Mankato's thriving retail corridor.

    Property size:
    3 SF
    Lot size:
    3.48 Acres

    Property Features for 2401 North Riverfront Dr

    General Information

    Size
    3 SF
    Lot size
    3.48 Acres

    Source: David Schooff Agent David Schooff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Visibility Commercial Land Opportunity

    This 3.48-acre commercial site is located at the corner of US Hwy 14 and North Riverfront Drive in Mankato. The location offers high visibility and access to local and regional customers, with traffic counts exceeding 47,000 vehicles per day. The site is suitable for retailers, restaurants, or service businesses. A proposed concept includes up to two buildings totaling 10,000 square feet with parking, providing flexibility for single-user or multi-tenant development. The location is suited for national and regional brands, medical or professional offices, and destination retail concepts. The area is surrounded by a mix of retail, dining, office, and service-oriented businesses. Its position along a key highway corridor ensures connectivity and accessibility, while the concentration of nearby commercial and residential growth makes it an attractive location for retailers, restaurants, or offices.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Nicollet
    State
    Minnesota
    Longitude
    -93.983987
    Latitude
    44.186693

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    FAQs

    What type of property is this?
    Commercial land - 3.48-acre commercial site in Mankato's thriving retail corridor.
    Where is this commercial land located?
    The property is located at 2401 North Riverfront Dr Mankato, MN.
    What are key features of this property?
    This property features: - High-visibility corner location at US Hwy 14 and North Riverfront Drive.; - Extremely high traffic count of over 47,000 vehicles per day.; - Ideal for retail, restaurant, or office development.
    (507) 380-7340
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    2401 North Riverfront Dr Mankato, MN 56001
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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
    2401 North Riverfront Dr Mankato, MN 56001
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