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    OFF-MARKET
    Land

    0 Tbd Adams, Mankato, MN 56001

    3.8 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.8-acre commercial and industrial land parcel in Mankato, Minnesota, is offered at $399,000. Located at TBD Adams Street, zip code 56001, this property boasts a strategic location at the intersection of US Highway 14 and County State Aid Highway 12, with the added benefit of proximity to the upcoming Adams Street extension. The site enjoys high visibility and accessibility, with nearly 17,000 average daily vehicles passing by. This translates to significant exposure for any business established here. The land value is $2.40 per square foot. The property's advantageous position is further enhanced by its adjacency to a new housing development and the planned construction of a truck stop and restaurant, promising increased foot traffic and business opportunities. This presents a unique chance to capitalize on the growing commercial activity in this area. The potential for waived assessments adds further value to this already compelling investment opportunity. Don't miss this chance to secure a prime location for your business venture in a thriving Mankato neighborhood.

    Property profile
    Verified
    Property type Land
    Lot 3.8 ac (165,528 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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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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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