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    Excel Dr Mankato, MN 56001

    Sponsored
    For Sale
    $740,520

    Prime Mankato development land. Residential potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4.25-acre commercial, industrial, and residential land parcel presents a unique development opportunity in Mankato, Minnesota. Located on Excel Drive, this property (APN R01.09.03.376.001) offers 185,130 square feet of buildable land, ideally suited for residential construction. Its prime location provides convenient access to Highways 22 and 14, ensuring easy commutes for future residents. The area boasts strong community appeal, with established neighborhoods, nearby schools, retail centers like River Hills Mall, and local parks, creating a desirable living environment. The high demand for housing in Mankato makes this a rare chance to capitalize on a thriving market and contribute to the city's growth. This property is zoned for commercial, industrial, and residential uses, offering flexibility for various development plans. The asking price for this exceptional parcel is $740,520. Don't miss this opportunity to acquire a significant piece of land in a rapidly developing area of Mankato.

    Property Features for 0 Excel Dr

    General Information

    Property type
    Land
    Lot Size
    185,130 SF

    HighLights

    • $740,520 asking price for a 4.25‑acre commercial, industrial, and residential land parcel.
    • Located in Mankato, MN, with APN R01.09.03.376.001.
    • Excellent access to Highways 22 and 14, near schools, shopping, and recreation.
    • Prime location in a thriving residential area with high demand for housing.
    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 - Prime Mankato development land. Residential potential.
    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 $740,520.
    What are key features of this property?
    This property features: $740,520 asking price for a 4.25-acre commercial, industrial, and residential land parcel.; Located in Mankato, MN, with APN R01.09.03.376.001.; Excellent access to Highways 22 and 14, near schools, shopping, and recreation.
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    Excel Dr 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
    Excel Dr Mankato, MN 56001
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