Property summary
This exceptional 8.99-acre (391,604 sq ft) commercial, industrial, and residential zoned lot (APN R01.09.03.378.001) presents a prime development opportunity in Mankato, Minnesota. Located on Excel Drive, this flat, easily accessible site boasts a B3 Commercial zoning designation, offering flexibility for a variety of uses including warehouses, distribution centers, storage facilities, or expansion of existing residential areas. Its strategic location provides excellent access to Highways 22 and 14, crucial for logistics and transportation. The property benefits from its proximity to established businesses such as FedEx, Menards, and Walmart Distribution, fostering connectivity and synergy. Nearby utilities ensure the site is development-ready, supporting the construction of industrial infrastructure. This property offers significant visibility and accessibility, making it an ideal investment for those seeking a high-potential site in a thriving commercial hub. The asking price for this expansive lot is $1,567,000. This represents a unique chance to capitalize on Mankato's growth and create a valuable asset.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight
