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    OFF-MARKET
    Land

    0 Excel Dr, Mankato, MN 56001

    4.25 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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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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