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    OFF-MARKET
    Land

    0 Address Not Disclosed, Mankato, MN 56001

    32 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 32 ac (1,393,920 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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