Listing Agency: Rebecca Thate Real Estate r***@gmail.com Show Phone

Listed By: Rebecca Thate · License #MN 20422215

Source: Crexi

Added: Jul 10, 2024 Changed: Aug 8 Last Checked: Aug 19 at 4:34PM

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Investment Insights

Based on property information with market context.

This 2.65-acre commercial land parcel is located at the corner of Bassett Drive and Carver Road, situated on the rapidly expanding east side of Mankato. It is near the Justice Center, MNDOT, and Mayo’s Eastridge Clinic. The property is located in a district that allows for a broad range of retail development, office, institutional uses, as well as limited light industry. Assessments are due upon annexation.

Key Highlights

• 2.65 acres of land available.
• Located on the rapidly expanding east side of Mankato.
• Corner lot location at Bassett Drive and Carver Road.**

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

314

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

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Frequently Asked Questions

What type of property is this?

Commercial land - 2.65 acres suitable for retail, office, or light industry.

Where is this commercial land located?

The property is located at 21529 586th Ave Mankato, MN.

What is the asking price?

The asking price for this property is $499,900.

What are key features of this property?

This property features: 2.65 acres of land available.; Located on the rapidly expanding east side of Mankato.; Corner lot location at Bassett Drive and Carver Road.**