R-1 Single-Family Development
For Sale
Contact for pricing
51671 Lor Ray Dr N, Mankato, MN 56003
Rolling, scenic acreage in an R-1 setting suited for builders pursuing premium single-family communities.
Property SizeContact for details
Lot Size47.98 Acres
Days on Market76
Property Features for 51671 Lor Ray Dr N
General Information
Standard status
Active
Lot size
47.98 Acres
Property subtype
LAND
Zoning
R-1
Listing Agency:
NAI North Star
(507) 380-7340
Listed By:
David Schooff · License #40137517
(507) 380-7340
Source:
Moodyscre
Added: May 27
Changed: Aug 8
Last Checked: Jul 16 at 7:27AM
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 NAI North Star
Investment Insights
Based on property information with market context.
An exceptional 48+ acre R-1 development opportunity designed for single-family residential builders. The site features rolling terrain, mature surrounding areas, and scenic views that create an attractive backdrop for a premium neighborhood concept. With strong development fundamentals and a peaceful, upscale feel, the property offers an appealing combination of build-ready potential and landscape value.
Located near 51671 Lor Ray Drive in North Mankato, the land sits within minutes of Mankato’s core amenities. Buyers are also likely to appreciate the natural setting and existing neighborhood context, which can support a lifestyle-driven residential product.
This offering is best suited for developers and builders targeting high-demand housing growth and looking for a tract that can deliver premium single-family housing. The R-1 designation and residential focus make it particularly relevant for parties evaluating planned community development where site character and views matter. If you’re assembling land for a quality-driven project, this property’s combination of scale and setting provides a strong starting point.
Located near 51671 Lor Ray Drive in North Mankato, the land sits within minutes of Mankato’s core amenities. Buyers are also likely to appreciate the natural setting and existing neighborhood context, which can support a lifestyle-driven residential product.
This offering is best suited for developers and builders targeting high-demand housing growth and looking for a tract that can deliver premium single-family housing. The R-1 designation and residential focus make it particularly relevant for parties evaluating planned community development where site character and views matter. If you’re assembling land for a quality-driven project, this property’s combination of scale and setting provides a strong starting point.
Key Highlights
- 48+ acre R‑1 development land in North Mankato, MN
- Rolling terrain with scenic views and mature surroundings
- Located near 51671 Lor Ray Drive
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
Business Placement
Demographics for 56003, MN
15,221
Population
6,543
Households
2.3
Avg Household Size
38
Median Age
43%
College-Educated
98%
High-School Grad
44.0 sq mi
ZIP Area
346
Density / Sq Mi
$80,587
Median Household Income
$46,544
Median Earnings
$920
Median Rent
$260,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Rolling, scenic acreage in an R-1 setting suited for builders pursuing premium single-family communities.
Where is this residential land & home lot located?
The property is located at 51671 Lor Ray Dr N Mankato, MN.
What are key features of this property?
This property features: 48+ acre R‑1 development land in North Mankato, MN; Rolling terrain with scenic views and mature surroundings; Located near 51671 Lor Ray Drive
