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    Land

    22 Land, Mankato, MN 56001

    37.21 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 37.21-acre commercial development site in Mankato, Minnesota, presents a unique investment opportunity. Located on Firestone Drive, directly off Highway 22, this property boasts unparalleled accessibility and visibility. The site is zoned R1-3, allowing for a variety of development options. Its prime location near established junior and big-box retailers ensures high traffic volume and strong consumer demographics. The land is already assessed and ready for immediate development, eliminating lengthy permitting delays. The property is divisible into lots ranging from 2 to 5 acres, providing flexibility for various project scales and investor needs. Firestone Drive will serve as the primary access point for all future developments on the site. This location offers convenient access to major roadways and a thriving retail corridor, making it ideal for a wide range of commercial ventures. The surrounding area features established residential neighborhoods (R1-3 zoning), creating a strong foundation for a successful development project. Nearby shopping and home improvement big-box stores further enhance the property's desirability and potential for attracting tenants and customers. This is a rare opportunity to acquire a large, build-ready parcel in a high-demand location. Don't miss out on this exceptional chance to capitalize on the growth potential of Mankato, Minnesota. The property is situated in Blue Earth County, with a Mankato zip code of 56001.

    Property profile
    Verified
    Property type Land
    Lot 37.21 ac (1,620,868 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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