Mankato Development Land For
For Sale
$1,624,350
Lot 1 Block 2 Elwin Addition No. 2, Mankato, MN 56001
Prime development land in Hilltop Mankato, a growing commercial district.
Property SizeContact for details
Lot Size6.78 Acres
Days on Market1241
Property Features for Lot 1 Block 2 Elwin Addition No. 2
General Information
Standard status
Active
Lot size
6.78 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$9,600
Listing Agency:
True Real Estate
(507) 345-8783
Listed By:
Mackenzie Kearney · License #40760300
(507) 345-8783
Source:
Exprealty
Added: Mar 29, 2023
Changed: Aug 8
Last Checked: Aug 19 at 2:17PM
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 True Real Estate
Investment Insights
Based on property information with market context.
This prime development land is situated in the heart of Hilltop Mankato, centrally positioned between Victory Drive, Hwy 14, and Madison Avenue. Located in one of Mankato’s fastest-growing commercial districts, the parcel is neighbored by several newer residential communities, retail stores, and professional service businesses. Lot 1, Block 2 is zoned in the B-1, Community Business District area, designed to provide for a broad range of retail developments adjacent to residential areas. The district also accommodates office and institutional uses, as well as limited light industry. This parcel is located next to several retail stores and professional service businesses, including a large mall, restaurants, and banking institutions.
Key Highlights
- Prime development land in a rapidly growing commercial district.
- Centrally located between Victory Drive, Hwy 14, and Madison Avenue.
- Zoned B‑1, Community Business District, allowing for a broad range of retail developments.
Property Analytics
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 - Prime development land in Hilltop Mankato, a growing commercial district.
Where is this commercial land located?
The property is located at Lot 1 Block 2 Elwin Addition No. 2 Mankato, MN.
What is the asking price?
The asking price for this property is $1,624,350.
What are key features of this property?
This property features: Prime development land in a rapidly growing commercial district.; Centrally located between Victory Drive, Hwy 14, and Madison Avenue.; Zoned B‑1, Community Business District, allowing for a broad range of retail developments.
