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    OFF-MARKET
    Land

    0 Agency Trl, Mankato, MN 56001

    1.44 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.44-acre parcel, located in the thriving Mankato Hilltop area, presents a remarkable investment opportunity. The property, designated as Willow Brook Subdivision, includes five finished multi-family (R3) building lots and an additional outlot (Lot A). Situated conveniently between Hoffman Road and Balcerzak Drive, with frontage on Victory Drive, this location offers unparalleled access and visibility. The land is completely build-ready, eliminating lengthy preparation delays and allowing for immediate project commencement. Zoned for multi-family use, this property is ideally suited for the development of apartments or student housing, catering to the growing demand in Mankato's expanding residential market. The asking price for the entire 1.44-acre parcel encompassing five lots and outlot A is $450,000. This represents a significant opportunity to capitalize on Mankato's robust real estate market and create a substantial return on investment. The property's strategic location and build-ready status make it an attractive proposition for developers seeking a quick and efficient path to profitability. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a prime piece of Mankato real estate.

    Property profile
    Verified
    Property type Land
    Lot 1.44 ac (62,726 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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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