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    St Andrews Dr Mankato, MN 56001

    Sponsored
    For Sale
    $650,000

    5,000 SF Retail Space, Highway 14 Exposure

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional build-to-suit opportunity presents a vacant, 5,000-square-foot retail space in Mankato, Minnesota. Located in the B-3 Highway Business District, this steel-framed building offers a "vanilla shell" ready for tenant improvements. The property boasts excellent visibility from Highway 14, a four-lane road, and enjoys proximity to prominent national and regional co-tenants such as Taco Bell, Kia Motors, and Casey's General Stores, near the intersection at Victory Drive. The asking price is $650,000, translating to $130 per square foot. The land is not included in the price, with options ranging from one to six acres available. The property's APN is R010909126018. This single-tenancy space is ideal for a variety of uses, including auto shops, restaurants, and storefronts. The property is zoned for Highway Business District use, offering significant potential for a variety of businesses. This is a sale/leaseback investment opportunity. Contact us to discuss available land options and to explore this prime retail location further. The property is currently vacant.

    Property Features for 0 St Andrews Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,000 SF
    Lot Size
    43,560 SF

    HighLights

    • 5,000 SF vacant retail space in Mankato, MN's Highway 14 B‑3 Business District.
    • Steel‑framed "vanilla shell" build‑to‑suit; excellent visibility from Highway 14.
    • Strong co‑tenancy with Taco Bell, Kia, and Casey's.
    • $650,000 asking price ($130/SF); land (1‑6 acres) available separately.
    • APN: R010909126018; zoned for Highway Business District use.
    • Sale/leaseback opportunity; suitable for various uses (auto shops, restaurants, retail).
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.9602527978
    Latitude
    44.180328170548

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    FAQs

    What type of property is this?
    Individual retail property - 5,000 SF Retail Space, Highway 14 Exposure
    Where is this individual retail property located?
    The property is located at St Andrews Dr Mankato, MN.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 5,000 SF vacant retail space in Mankato, MN's Highway 14 B-3 Business District.; Steel-framed "vanilla shell" build-to-suit; excellent visibility from Highway 14.; Strong co-tenancy with Taco Bell, Kia, and Casey's.
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    St Andrews Dr Mankato, MN 56001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    St Andrews Dr Mankato, MN 56001
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