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R-1 Residential Development Land
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51671 Lor Ray Drive, North Mankato, MN 56003

Large residential development site guided and zoned for R-1 single-family use near Lor Ray Drive.

Property SizeContact for details
Lot Size48.00 Acres
Days on Market133

Property Features for 51671 Lor Ray Drive

General Information

Standard status Active
Lot size 48.00 Acres
Property subtype VacantLand
Zoning R-1

Additional Details

Highway Access Yes
Listing Agency: NAI North Star
Listed By: David Schooff · License #40137517
Source: Commercialcafe
Added: Mar 31 Changed: Aug 8 Last Checked: Mar 31 at 8:57PM

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.

This offering is a 48+ acre residential development site guided and zoned for R-1 single-family use. The property is described as having attractive, rolling topography and proximity to established neighborhoods, supporting subdivision planning and long-term development goals.

The site is located near 51671 Lor Ray Drive in North Mankato, MN, and is positioned for access to US-14, downtown Mankato, and nearby schools, retail, and healthcare.

According to the provided remarks, the property’s natural terrain and surrounding residential context are intended to support efficient subdivision layouts for single-family home builders and developers.

Key Highlights

  • 48+ acre residential development site near 51671 Lor Ray Drive in North Mankato, MN
  • Zoned and guided for R‑1 single‑family residential use
  • Development site with attractive topography and rolling terrain for subdivision planning

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Auto Repair Shop Garden Center Computer & Electronic Repair Daycare Center Nursing Home

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby

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
Rey
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 - Large residential development site guided and zoned for R-1 single-family use near Lor Ray Drive.
Where is this residential land & home lot located?
The property is located at 51671 Lor Ray Drive North Mankato, MN.
What are key features of this property?
This property features: 48+ acre residential development site near 51671 Lor Ray Drive in North Mankato, MN; Zoned and guided for R‑1 single‑family residential use; Development site with attractive topography and rolling terrain for subdivision planning
More about this property
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