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    Excel Dr Mankato, MN 56001

    Sponsored
    For Sale
    $1,567,000

    8.99 Acres, Mankato, MN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8.99-acre (391,604 sq ft) commercial, industrial, and residential zoned lot (APN R01.09.03.378.001) presents a prime development opportunity in Mankato, Minnesota. Located on Excel Drive, this flat, easily accessible site boasts a B3 Commercial zoning designation, offering flexibility for a variety of uses including warehouses, distribution centers, storage facilities, or expansion of existing residential areas. Its strategic location provides excellent access to Highways 22 and 14, crucial for logistics and transportation. The property benefits from its proximity to established businesses such as FedEx, Menards, and Walmart Distribution, fostering connectivity and synergy. Nearby utilities ensure the site is development-ready, supporting the construction of industrial infrastructure. This property offers significant visibility and accessibility, making it an ideal investment for those seeking a high-potential site in a thriving commercial hub. The asking price for this expansive lot is $1,567,000. This represents a unique chance to capitalize on Mankato's growth and create a valuable asset.

    Property Features for 0 Excel Dr

    General Information

    Property type
    Land
    Lot Size
    391,604 SF

    HighLights

    • $1,567,000 asking price for 8.99 acres of commercial, industrial, and residential land.
    • Located at Excel Dr, Mankato, MN 56001 (APN: R01.09.03.378.001).
    • B3 Commercial zoning, allowing flexibility for industrial and storage uses.
    • Excellent access to Highways 22 and 14, near FedEx, Menards, and Walmart Distribution.
    • Development‑ready site with utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.943041851094
    Latitude
    44.181481303285

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    FAQs

    What type of property is this?
    Land - 8.99 Acres, Mankato, MN
    Where is this land located?
    The property is located at Excel Dr Mankato, MN.
    What is the asking price?
    The asking price for this property is $1,567,000.
    What are key features of this property?
    This property features: $1,567,000 asking price for 8.99 acres of commercial, industrial, and residential land.; Located at Excel Dr, Mankato, MN 56001 (APN: R01.09.03.378.001).; B3 Commercial zoning, allowing flexibility for industrial and storage uses.
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    Excel 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
    Excel Dr Mankato, MN 56001
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