0 Excel Dr, Mankato, MN 56001
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.
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
Similar Nearby for Lease
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.