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    OFF-MARKET
    Land

    1 Adams St, Mankato, MN 56001

    16.21 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 16.21-acre parcel presents a remarkable opportunity for commercial or light industrial development in Mankato, Minnesota. Strategically located along a busy four-lane highway and the newly extended Adams Street, this property boasts unparalleled visibility and accessibility. Its prime position ensures high traffic flow, ideal for businesses seeking a strong presence in a thriving area. The site benefits from existing utilities and is zoned for a variety of uses, including manufacturing facilities, warehouses, showrooms, or service centers. Mankato's recent development surge, coupled with municipal investments in infrastructure, creates a dynamic and promising environment for long-term growth. This location offers a significant advantage for businesses seeking to capitalize on the area's expanding economic activity and robust transportation network. The property's size and location make it an attractive investment for those seeking to establish a lasting presence in a rapidly developing commercial and light industrial hub. The APN is R430910400007. This is a rare opportunity to acquire a substantial land parcel in a high-growth area of Mankato, MN, with easy access to major roadways and utilities already in place. The address is 1 Adams Street, Mankato, MN 56001, located in Blue Earth County.

    Property profile
    Verified
    Property type Land
    Lot 16.21 ac (706,108 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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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