Property profile

0 Tbd X Brink Trl Mankato, MN 56001

OFF-MARKET
Land
2.59 ac lot
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Property summary

AI-generated overview

This exceptional 2.59-acre commercial land parcel presents a prime investment opportunity in Mankato, Minnesota. Located at the corner of Hoffman Road and CSAH 12, this strategically positioned property enjoys high visibility and accessibility, situated just east of the Hoffman Highway 22 connection. The site benefits from its location within a rapidly developing area of Mankato, characterized by a mix of commercial, retail, high-density residential, and fine residential developments. A traffic study projects a significant increase in daily traffic volume, rising from 4,000 vehicles currently to 7,880 vehicles daily. The property is zoned B3 Highway Commercial, allowing for a wide range of uses, including business and service establishments, automotive businesses, and light industrial operations. The lot is fully finished and ready for development, with assessments included, and is expected to be shovel-ready by late September 2024. This represents a unique opportunity for immediate development. Additional acreage is available for purchase, with the potential to acquire over 100 acres, including 19 acres zoned for other uses. This prime location and the projected traffic growth make this an exceptional opportunity for investors seeking high-return commercial development in a thriving Mankato market. The property is located in Blue Earth County, MN, zip code 56001, with the address listed as TBD X Brink Trail.

Property profile

Verified
Property type Land
Lot 2.59 ac (112,820 SF)

Cap rate & NOI

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

Location

Tbd X Brink Trl Mankato, MN 56001
Mankato metro
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Value estimations

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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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