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    Address Not Disclosed Mankato, MN 56001

    Sponsored
    For Sale
    Contact for pricing

    32 Acres, Highway Frontage, Ready to Build

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 32-acre commercial land parcel presents a prime development opportunity in Mankato, Minnesota. Located in a burgeoning East Park, this property boasts convenient highway access and frontage, making it ideal for a variety of commercial uses. The land is currently being offered in parcels ranging from 2 to 5 acres, allowing for flexibility in development plans to suit individual needs. Buyers will purchase their chosen lot and contribute a pro-rata share of existing assessments. This strategic location offers close proximity to Mankato's vibrant Hilltop Retail District and the Eagle Lake Subdivision, ensuring high visibility and accessibility for future businesses. Ideal uses include highway-oriented retail establishments, quick-service restaurants (QSRs), office spaces, light industrial facilities, and showrooms. Infrastructure improvements, including assessments, are already in place, streamlining the development process and minimizing upfront costs. This is a rare chance to secure a significant piece of land in a rapidly growing area of Mankato, poised for substantial future growth and return on investment. The address is undisclosed for privacy reasons, but the property is easily accessible via its highway frontage and proximity to established neighborhoods. Contact us today to learn more about this exciting development opportunity.

    Property Features for 0 Address Not Disclosed

    General Information

    Property type
    Land
    Lot Size
    1,393,920 SF

    HighLights

    • Favorable property tax assessments.
    • Divisible parcels ranging from 2 to 5 acres.
    • Convenient highway access and frontage.
    • Suitable for retail, light industrial, or office/showroom uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.9674371
    Latitude
    44.1223003

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    FAQs

    What type of property is this?
    Land - 32 Acres, Highway Frontage, Ready to Build
    Where is this land located?
    The property is located at Address Not Disclosed Mankato, MN.
    What are key features of this property?
    This property features: Favorable property tax assessments.; Divisible parcels ranging from 2 to 5 acres.; Convenient highway access and frontage.
    (507) 380-7340
    Request Owner's contact information
    Address Not Disclosed 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
    Address Not Disclosed Mankato, MN 56001
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