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North Victory Drive and St. Andrews Dr, Mankato, MN 56001

1.13-acre commercial parcel in high-demand Mankato corridor.

Property Size4,846 SF
Lot Size1.13 Acres
Price / SF$67.07
Days on Market692

Property Features for North Victory Drive and St. Andrews Dr

General Information

Standard status Active
Size 4,846 SF
Lot size 1.13 Acres
Property subtype Land
Zoning B-3 Highway Commercial District

Building Details

Year Built 2008
Listing Agency: NAI North Star
Listed By: David Schooff · License #MN 40137517
Source: Crexi
Added: Sep 19, 2024 Changed: Aug 8 Last Checked: Aug 10 at 1:55PM

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 1.13-acre B-3 Highway Commercial parcel is a rare infill development opportunity located along North Victory Drive in Mankato, a high-demand commercial corridor with limited buildable frontage. The site offers exceptional positioning for developers seeking high-impact visibility and immediate access to four-lane Highway 14. Its strategic adjacency to regional power-retail, established traffic generators, and growing pad-site activity creates a platform for ground-up development, build-to-suit deployment, or national-tenant expansion. Full urban services are available at the lot line. The parcel supports rapid vertical execution and efficient entitlement pathways. It is ideal for retail, QSR, automotive, service-commercial, hospitality, or financial-services concepts seeking a marquee corner in an undersupplied corridor. The site offers long-term value, dominant exposure, and unmatched connectivity in the Greater Mankato growth market. Permitted uses include automobile service stations and car washes, banks and savings and loans (including drive-in facilities), clubs and lodges, convenience stores, funeral homes, hotels, pet stores, broadcasting, surface parking lots and parking structures or garages. Conditional uses include any use that exceeds 30,000 square feet of gross floor area or other commercial and residential uses determined by the Planning Agency. Situated just off the US-14/US-169 corridor in the Greater Mankato region, the parcel benefits from high-volume traffic exposure and proximity to major retail between Home Depot, Menards and Fleet Farm. The surrounding area is experiencing robust commercial expansion with recent pad builds, strong workforce support, and favorable municipal entitlements.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 56001, MN

50,729
Population
21,583
Households
2.4
Avg Household Size
30
Median Age
37%
College-Educated
94%
High-School Grad
114.5 sq mi
ZIP Area
443
Density / Sq Mi
$67,224
Median Household Income
$29,122
Median Earnings
$1,088
Median Rent
$263,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 1.13-acre commercial parcel in high-demand Mankato corridor.
Where is this commercial land located?
The property is located at North Victory Drive and St. Andrews Dr Mankato, MN.
What is the asking price?
The asking price for this property is $325,000.
(507) 380-7340 Call to check price and availability
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