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    OFF-MARKET
    Land

    0 Excel Dr, Mankato, MN 56001

    8.99 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Land
    Lot 8.99 ac (391,604 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
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    CAP Approach CAP
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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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