Technical
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Property profile

0 Excel Dr Mankato, MN 56001

OFF-MARKET
Land
4.25 ac lot
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Property summary

AI-generated overview

This exceptional 4.25-acre commercial, industrial, and residential land parcel presents a unique development opportunity in Mankato, Minnesota. Located on Excel Drive, this property (APN R01.09.03.376.001) offers 185,130 square feet of buildable land, ideally suited for residential construction. Its prime location provides convenient access to Highways 22 and 14, ensuring easy commutes for future residents. The area boasts strong community appeal, with established neighborhoods, nearby schools, retail centers like River Hills Mall, and local parks, creating a desirable living environment. The high demand for housing in Mankato makes this a rare chance to capitalize on a thriving market and contribute to the city's growth. This property is zoned for commercial, industrial, and residential uses, offering flexibility for various development plans. The asking price for this exceptional parcel is $740,520. Don't miss this opportunity to acquire a significant piece of land in a rapidly developing area of Mankato.

Property profile

Verified
Property type Land
Lot 4.25 ac (185,130 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Excel Dr Mankato, MN 56001
Mankato metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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