Commercial Land on Madison
For Sale
$3,763,780
Madison Ave/Carver Rd, Mankato, MN 56001
27+ acres of commercial land in Hilltop Mankato.
Property Size27 SF
Price / SF$139,399
Days on Market247
Property Features for Madison Ave/Carver Rd
General Information
Standard status
Active
Size
27 SF
Property subtype
Land
Listing Agency:
Coldwell Banker Commercial Fisher Group
(507) 625-0989
Listed By:
Rosie Brunmeier
Source:
Cbcworldwide
Added: Dec 3, 2025
Changed: Jul 10
Last Checked: Apr 9 at 9:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Fisher Group
Investment Insights
Based on property information with market context.
This commercial land, totaling more than 27 acres, is available for sale off Madison Avenue, the main thoroughfare of Hilltop Mankato. The property benefits from convenient access to US Highway 14 and proximity to national retail stores, River Hills Mall, and various dining options. The location at the corner of Madison Avenue and Carver Road (County Road 12), which serves as a freight connection to Eagle Lake, offers additional advantages. The area experiences a traffic count of 5,200 vehicles per day on this portion of Madison Avenue. Situated next to the Mayo Clinic's East Ridge campus, the Blue Earth County Justice Center, and the Minnesota Department of Transportation, the property is also located just 0.4 miles east of the Mankato Heights Plaza Strip Mall.
Key Highlights
- Prime commercial land on Madison Avenue, a major thoroughfare.
- Easy access to US Highway 14.
- High traffic count of 5,200 vehicles per day on Madison Avenue.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 56001, MN
50,729
Population
21,583
Households
2.4
Avg Household Size
30
Median Age
37%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
443
Density / Sq Mi
$67,224
Median Household Income
$29,122
Median Earnings
$1,088
Median Rent
$263,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 27+ acres of commercial land in Hilltop Mankato.
Where is this commercial land located?
The property is located at Madison Ave/Carver Rd Mankato, MN.
What is the asking price?
The asking price for this property is $3,763,780.
What are key features of this property?
This property features: Prime commercial land on Madison Avenue, a major thoroughfare.; Easy access to US Highway 14.; High traffic count of 5,200 vehicles per day on Madison Avenue.
