Property summary
This exceptional 4.73-acre parcel, located at 1801 Lor Ray Drive in North Mankato, Minnesota (zip code 56003, APN 18.471.0130), presents a compelling investment opportunity. The property boasts a highly desirable location, offering convenient access to major transportation routes and essential utilities. Its expansive size allows for a wide range of development possibilities, catering to diverse land use projects. The favorable zoning regulations further enhance its appeal to forward-thinking investors seeking versatile investment potential. Situated in Nicollet County, this land provides ample space for various development schemes, from commercial ventures to residential projects, or even outdoor-oriented endeavors. The scenic surroundings contribute to its overall attractiveness. Priced at $1,400,000, this property represents a significant opportunity for those seeking a substantial land holding in a thriving Minnesota community. Its prime location and versatile potential make it an ideal choice for investors looking to capitalize on the growth and development opportunities within North Mankato. The property's accessibility and ample space make it a truly unique offering.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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