0 Excel Dr, Mankato, MN 56001
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.