1720 Basset Dr, Mankato, MN 56001
This exceptional 4,818-square-foot executive office building, located at 1720 Basset Drive in Mankato, Minnesota, presents a unique investment opportunity. Built in 2006, this Class B property sits on a 3.762-acre lot and offers a single-tenant occupancy. Currently configured as a daycare center, the building's versatile design allows for a variety of uses, including retail or light industrial. The metal-sided structure features ample space and a fenced yard, currently equipped with playground equipment. However, the yard could easily be adapted to include overhead door access, making it ideal for distribution businesses. The property shares its lot with a hot tub/spa franchise, benefiting from a high-traffic location within Mankato's hilltop retail district. The building's total square footage is 3,762 square feet, with the entire space currently vacant and available for lease. This location in Blue Earth County, zip code 56001, offers excellent visibility and accessibility. The property's adaptable design and prime location make it an attractive option for businesses seeking a prominent presence in Mankato's thriving commercial sector.
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
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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.