Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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.
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