Financial
Distress signals
Property profile

1901 Lee Blvd North Mankato, MN 56003

OFF-MARKET
Commercial real estate
Property ID
US46-2566914
35,200 SF 3.26 ac lot Built 1970
Last sale Apr 2022 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$26k
Tax billed · 2023
Assessed value$1.06M
Assessed land$363k
Assessed improvement$697k
Effective rate2.43%

Value estimate

· Sep 2026
$1.03M
$923k – $1.13M
AI approach$1.21M
Sales comparison$1.03M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$91/SF
Submarket average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$56 – $149

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNICOLLET

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.5
HVAC Service9.5
Auto Parts Store9.4

Location

1901 Lee Blvd North Mankato, MN 56003-2506
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2140 Howard W, North Mankato, MN 56003-4437 $150,000 May 2025 58,520 SF
1980 Lookout, North Mankato, MN 56003-1705 $2,000,000 Mar 2024 28,000 SF
1865 Northway, North Mankato, MN 56003-2761 $4,960,000 Feb 2024 25,122 SF
442 Belgrade, North Mankato, MN 56003-3813 $2,025,000 Oct 2023 25,778 SF
2155 Ringhofer, North Mankato, MN 56003 $4,412,500 Nov 2021 60,000 SF
Mankato, MN 56003 $285,000 Dec 2019 40,530 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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