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    190 Augusta Ct Mankato, MN 56001

    Sponsored
    For Sale
    $1,300,000

    Prime 8.8-acre Mankato land, multiple development options.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8.8-acre property, located at 190 N Augusta Ct, Mankato, MN 56001, presents a unique investment opportunity. The irregularly shaped lot offers a multitude of development possibilities due to its strategic location. Situated between the Miller Creek development to the north and the Trail Creek Strip Mall to the south, this land benefits from excellent visibility and convenient access. Firestone Drive borders the property to the southeast, providing additional accessibility. The property is currently zoned 3a within Blue Earth County, but the City of Mankato is actively pursuing annexation and is open to collaborating with developers on potential zoning adjustments to accommodate various project types. Given its size and location, this land is suitable for a range of commercial, residential, and agricultural uses, making it an attractive prospect for developers seeking a versatile and strategically positioned site in a growing area. The asking price for this significant parcel is $1,300,000. Coordinates are 44.190416 latitude and -93.946401 longitude.

    Property Features for 190 Augusta Ct

    General Information

    Property type
    Farms

    HighLights

    • 8.8‑acre commercial lot located at 190 N Augusta Ct, Mankato, MN 56001.
    • Excellent visibility and access, situated between Miller Creek development and Trail Creek Strip Mall.
    • Zoned 3a (Blue Earth County), with potential for annexation and zoning adjustments by the City of Mankato.
    • Suitable for commercial, residential, or agricultural development.
    • Asking price: $1,300,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.946401
    Latitude
    44.190416

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    FAQs

    What type of property is this?
    Farm - Prime 8.8-acre Mankato land, multiple development options.
    Where is this farm located?
    The property is located at 190 Augusta Ct Mankato, MN.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: 8.8-acre commercial lot located at 190 N Augusta Ct, Mankato, MN 56001.; Excellent visibility and access, situated between Miller Creek development and Trail Creek Strip Mall.; Zoned 3a (Blue Earth County), with potential for annexation and zoning adjustments by the City of Mankato.
    Request Owner's contact information
    190 Augusta Ct 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
    190 Augusta Ct Mankato, MN 56001
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