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Property profile

0 Tbd Adams Mankato, MN 56001

OFF-MARKET
Land
3.8 ac lot
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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

Location

Tbd Adams Mankato, MN 56001
Mankato metro
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Value estimations

Realmo proprietary · 4 methods
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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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