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    1 St Andrews Dr Mankato, MN 56001

    Sponsored
    For Sale
    Contact for pricing

    Prime Mankato commercial land, highway visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 6.98-acre commercial land parcel presents a unique investment opportunity in Mankato, Minnesota. Located at 1 St Andrews Dr, Mankato, MN 56001 (APN R010909126018), this property boasts unparalleled visibility from Highway 14, a four-lane highway, and convenient access via Victory Drive. The B-3 Highway Business District zoning allows for a variety of commercial uses. The site offers the potential for subdivision to meet specific development needs. This location benefits from strong co-tenancy with established national and regional businesses including Taco Bell, Kia Motor Company, Casey's General Stores, Microtel, Mankato Motorsports, and CCF Bank. The property's high-traffic location and proximity to these successful businesses create a compelling opportunity for significant return on investment. A build-to-suit option is also available, providing flexibility for customized development. This is an exceptional opportunity to establish a presence in a thriving Mankato commercial corridor. Detailed information and specifications are available upon request.

    Property Features for 1 St Andrews Dr

    General Information

    Property type
    Land
    Lot Size
    304,049 SF

    HighLights

    • 6.98‑acre commercial land parcel in Mankato, MN.
    • High visibility from Highway 14 and convenient access via Victory Drive.
    • B‑3 Highway Business District zoning allows for diverse commercial uses.
    • Potential for subdivision.
    • Strong co‑tenancy with established national and regional businesses.
    • Build‑to‑suit option available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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?
    Land - Prime Mankato commercial land, highway visibility.
    Where is this land located?
    The property is located at 1 St Andrews Dr Mankato, MN.
    What are key features of this property?
    This property features: 6.98-acre commercial land parcel in Mankato, MN.; High visibility from Highway 14 and convenient access via Victory Drive.; B-3 Highway Business District zoning allows for diverse commercial uses.
    (507) 720-4663
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    1 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
    1 St Andrews Dr Mankato, MN 56001
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