21xxx 594Th Ave, Mankato, MN 56001
This exceptional 43.98-acre agricultural property presents a unique investment opportunity on the outskirts of Mankato, Minnesota, nestled conveniently between Mankato and Eagle Lake. Located at 21xxx 594th Ave, Mankato, MN 56001 (Blue Earth County), this expansive parcel offers a multitude of possibilities for the discerning buyer. The land's strategic location provides easy access to the amenities and infrastructure of Mankato while maintaining a tranquil, rural setting. The asking price for this sizable tract is $858,000. Given its size and location, this property is ideal for a variety of agricultural uses, potentially including farming, livestock grazing, or even development subject to local zoning regulations. The property's relatively flat terrain simplifies potential development or agricultural operations. Detailed surveys and soil reports are recommended for prospective buyers to fully assess the land's suitability for their specific intended use. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations and permitted land uses. This is a rare opportunity to acquire a significant landholding in a desirable location with considerable potential. Don't miss out on this chance to own a piece of prime Minnesota farmland.
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
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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.