Property summary
This exceptional 25' x 50' garage condo, located at 3021-E Evergreen Trail in Mankato, Minnesota (zip code 56001), presents a unique investment opportunity. Situated in Mankato's newest garage condo development, easily accessible off Madison Avenue, just past County Road 12, this all-steel structure boasts a 16-foot ceiling height. The unit features a 12' x 14' overhead door complete with an opener and windows, providing ample access. A 36-inch walk door adds convenience. The reinforced concrete floor includes a floor drain and a flammable waste trap. Individual meters ensure separate billing for gas, water, and electricity (100-amp service). Energy-efficient LED lighting is already installed. Potential buyers should note that this unit is currently unheated and uncooled, but optional features such as heating and air conditioning, a bathroom, mezzanine or loft, in-floor heat, additional windows, an office or lounge area, and internet, cable TV, and phone service are available. This property is a blank canvas for a variety of uses, from storage to a workshop, or even a small business. The property is classified as Special Purpose Land and is part of a commercial development. The asking price is $174,900.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.