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    28 108 Mankato, MN 56001

    • Land
    • 79.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 28 108

    Lot size
    79.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 79-acre property presents a remarkable commercial development opportunity in Mankato, Minnesota. Strategically located adjacent to Highway 22 on the southern edge of the city, this land boasts unparalleled visibility and accessibility. The property's agricultural and commercial zoning allows for a diverse range of development possibilities, catering to a wide spectrum of business needs. The asking price is $4,500,000. The legal description includes APN numbers: 43.09.28.200.020R43.09.28.2

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.9674
    Latitude
    44.1223

    Comparable in this City

    • Value Estimation by Request
      12.23 Acres

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    • Value Estimation by Request

      190 Augusta Ct

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      190 Augusta Ct, Mankato, MN 56001
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      92.52 Acres

      59130 Kittyhawk Cir

      Farms • 92.52 Acres
      59130 Kittyhawk Cir, Mankato, MN 56001
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    • Value Estimation by Request
      43.98 Acres

      21xxx 594Th Ave

      Farms • 43.98 Acres
      21xxx 594Th Ave, Mankato, MN 56001
      View Details
    • Value Estimation by Request
      78.34 Acres

      58635 227Th St

      Farms • 78.34 Acres
      58635 227Th St, Mankato, MN 56001
      View Details
    • Value Estimation by Request
      62.94 Acres

      22989 Mn-22

      Farms • 62.94 Acres
      22989 Mn-22, Mankato, MN 56001
      View Details

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    28 108
    Mankato, MN 56001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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