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Property profile & analytics

110 Lind St Mankato, MN 56001

  • Commercial real estate
  • 141,356 SF
  • 15.75 lot acres
Value Estimation
Location Intelligence
Property ID
US46-2883166
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 110 Lind St

Year built
1965
Lot size
15.75 lot acres
Property size
141,356 SF
Property type
Commercial real estate
APN
R01.08.01.251.005
APU
R010801251005

Description

This exceptional 15.75-acre development land parcel presents a compelling investment opportunity in Mankato, Minnesota. Located at 110 W Lind St, this flat lot boasts unparalleled visibility due to its proximity to Highways 169 and 14, experiencing a high volume of daily traffic (62,000 vehicles per day). While requiring the removal of an existing building and environmental remediation, the potential rewards are significant. The site's advantageous location offers easy access to both St. Peter and North Mankato, enhancing its appeal for a variety of development projects. Currently, the possibility of utilizing a Tax Increment Financing (TIF) district and Brownfield redevelopment opportunities are under exploration, potentially offering substantial financial incentives. Although previously listed, the seller's renewed commitment to a sale makes this a timely and attractive proposition for discerning investors seeking a large, highly visible tract of land in a thriving Minnesota market. The property is situated in Blue Earth County, Mankato, MN 56001. This is a rare chance to acquire a significant piece of land with considerable development potential.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $825,000
  • CAP approach

    CAP return
    Estimation
    6%
    $910,000
    6.5%
    $955,000
    7%
    $885,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $835,000
    Geo Method
    $800,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $750,000
    Retail
    $760,000
    Mixed-Use
    $895,000
    Hospitality
    $765,000
    Educational
    $800,000
    Residential Income
    $965,000
    Energy
    $745,000
    Income-Based Land
    $925,000
    Food Service
    $910,000

Location Insight

  • Map
  • Local Demand
City
Mankato
County
Blue Earth
State
Minnesota
Longitude
-94.0173
Latitude
44.1889
CBSA code
31860
CBSA name
MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$29,364
$901,400
$238,400
$1,139,800
-
$901,400
$238,400
$1,139,800
More about this property
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