0 Address Not Disclosed, Mankato, MN 56001
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.