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    Coneflower Ln & Hoffman Rd Mankato, MN

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    For Sale
    Contact for pricing

    Highway Business District land near future commercial development.

    Lot size:
    1.26 Acres

    Property Features for Coneflower Ln & Hoffman Rd

    General Information

    Lot size
    1.26 Acres

    Source: Re/Max Dynamic Agents Agent Carlos Carrera

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

    Overview

    Prime Commercial Land Opportunity

    This property is prime ground located near a hard stop light on Highway 22 and Hoffman Drive in Mankato's newest development. The area is zoned Highway Business District (B-3) and is slated for future commercial development along with multi-family housing. The property is near the future home of Scooters Coffee and neighboring Kwik Trip to the east, along with multi and single-family housing to the south and the new Prairie Winds Middle School.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Mankato
    County
    Nicollet
    State
    Minnesota
    Longitude
    -93.9993996
    Latitude
    44.1635775

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    FAQs

    What type of property is this?
    Land - Highway Business District land near future commercial development.
    Where is this land located?
    The property is located at Coneflower Ln & Hoffman Rd Mankato, MN.
    What are key features of this property?
    This property features: - Prime location at a hard stop light on HWY 22 in Mankato's newest development.; - Zoned Highway Business District (B-3) allowing for a wide range of commercial uses.; - Future home of Scooters Coffee on the property.
    (507) 720-4663
    Request Owner's contact information
    Coneflower Ln & Hoffman Rd Mankato, MN
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    Mankato, MN
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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
    Coneflower Ln & Hoffman Rd Mankato, MN
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