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    21xxx 594Th Ave Mankato, MN 56001

    Sponsored
    For Sale
    $858,000

    44 Acres, $858,000 - Endless Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 43.98-acre agricultural property presents a unique investment opportunity on the outskirts of Mankato, Minnesota, nestled conveniently between Mankato and Eagle Lake. Located at 21xxx 594th Ave, Mankato, MN 56001 (Blue Earth County), this expansive parcel offers a multitude of possibilities for the discerning buyer. The land's strategic location provides easy access to the amenities and infrastructure of Mankato while maintaining a tranquil, rural setting. The asking price for this sizable tract is $858,000. Given its size and location, this property is ideal for a variety of agricultural uses, potentially including farming, livestock grazing, or even development subject to local zoning regulations. The property's relatively flat terrain simplifies potential development or agricultural operations. Detailed surveys and soil reports are recommended for prospective buyers to fully assess the land's suitability for their specific intended use. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations and permitted land uses. This is a rare opportunity to acquire a significant landholding in a desirable location with considerable potential. Don't miss out on this chance to own a piece of prime Minnesota farmland.

    Property Features for 21xxx 594Th Ave

    General Information

    Property type
    Farms
    Lot Size
    1,915,769 SF

    HighLights

    • $858,000 asking price.
    • 43.98‑acre land parcel.
    • Agricultural land located in Mankato, MN.
    • Situated between Mankato and Eagle Lake.
    • Blue Earth County location, zip code 56001.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.9084902
    Latitude
    44.0437683

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    FAQs

    What type of property is this?
    Farm - 44 Acres, $858,000 - Endless Potential
    Where is this farm located?
    The property is located at 21xxx 594Th Ave Mankato, MN.
    What is the asking price?
    The asking price for this property is $858,000.
    What are key features of this property?
    This property features: $858,000 asking price.; 43.98-acre land parcel.; Agricultural land located in Mankato, MN.
    Request Owner's contact information
    21xxx 594Th Ave Mankato, MN 56001
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    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
    21xxx 594Th Ave Mankato, MN 56001
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