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    OFF-MARKET
    Land

    0 Victory Dr, Mankato, MN 56001

    1.13 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.13-acre commercial land parcel presents a remarkable development opportunity in Mankato, Minnesota. Situated on North Victory Drive in the B-3 Highway Commercial District of Blue Earth County (zip code 56001), this property boasts excellent visibility and accessibility. Its strategic location near major retailers such as Buffalo Wild Wings, Home Depot, Menards, and Fleet Farm, ensures high traffic volume and strong consumer presence. Recent development in the immediate vicinity includes a Casey's Gas Station, Taco Bell, and Mankato Motorsports, highlighting the area's growth trajectory. The zoning allows for a diverse range of commercial uses, including but not limited to automobile service stations, car washes, banks, convenience stores, hotels, and pet stores. Larger developments exceeding 30,000 square feet of gross floor area are considered on a case-by-case basis by the Planning Agency. Concept renderings and plans are available for potential build-to-suit projects. This pad site is ideal for retail or office development, benefiting from its proximity to substantial residential areas (R-1 to R-4 zoning) and its location on a major retail and office thoroughfare connecting Highway 14 to Minnesota State University. The property offers excellent visibility from the Highway 14 off-ramp, making it an attractive location for businesses seeking high exposure. This thriving area of Mankato presents a compelling investment opportunity for developers seeking to capitalize on the region's continued growth.

    Property profile
    Verified
    Property type Land
    Lot 1.13 ac (49,223 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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