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    Hwy 22 & Hoffman Rd Mankato, MN

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    For Sale
    Contact for pricing

    Land development opportunity suitable for retail, office, hospitality, and childcare.

    Lot size:
    2.46 Acres

    Property Features for Hwy 22 & Hoffman Rd

    General Information

    Lot size
    2.46 Acres

    Source: Core Real Estate Group Agent Chad Behnken

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

    Overview

    Mankato Development Land Opportunity

    This development in Mankato offers proposed sites suitable for a variety of uses including retail, office, hospitality/restaurant and childcare. Current users include Kwik Trip, Nupa and Hyland Dental. A future multi-family housing development is planned, which will bring 180-200 units of new luxury multi-family residences. The approximately 35 acre development is adjacent to existing and planned residential neighborhoods as well as existing retail development.
    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?
    Commercial land - Land development opportunity suitable for retail, office, hospitality, and childcare.
    Where is this commercial land located?
    The property is located at Hwy 22 & Hoffman Rd Mankato, MN.
    What are key features of this property?
    This property features: - Sites suitable for retail, office, hospitality/restaurant, and childcare.; - New development with existing tenants: Kwik Trip, Nupa, and Hyland Dental.; - Planned development of 180-200 luxury multi-family units.
    (507) 251-7667
    Request Owner's contact information
    Hwy 22 & 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
    Hwy 22 & Hoffman Rd Mankato, MN
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