Advertise

Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Open Dashboard
How to use Realmo Analytics Watch the walkthrough
Financial
Distress signals
Property profile

1040 Madison Ave Mankato, MN 56001

OFF-MARKET
Drive through restaurants
Property ID
US46-1890522
1,950 SF 0.51 ac lot Built 1998
Last sale Dec 2022 · $950,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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 · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$514k
Assessed land$165k
Assessed improvement$349k
Effective rate2.41%

Value estimate

· Oct 2026
$895k
$806k – $985k
AI approach$890k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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.

JurisdictionBLUE EARTH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.5
Electrical Service10.9
Bakery10.3

Location

1040 Madison Ave Mankato, MN 56001-6144
County assessor Recorded deeds · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1541 Madison, Mankato, MN 56001-5443 $2,400,000 May 2025 2,208 SF
519 Frnt, Mankato, MN 56001-3718 $850,000 May 2025 2,436 SF
727 Frnt, Mankato, MN 56001-3804 $209,000 Jul 2024 1,600 SF
422 Frnt, Mankato, MN 56001 $640,000 Jun 2024 2,420 SF
2160 Hoffman, Mankato, MN 56001-5863 $2,200,000 May 2024 2,334 SF
617 Frnt, Mankato, MN 56001-3802 $475,000 Aug 2022 1,628 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

Comparable nearby

  • Value Estimation
    $210,000
    1,600 SF
    727 Frnt St
    RETAIL STORES (PERSONAL SERVICES)
    727 Frnt St, Mankato, MN 56001-3804
    View Details
  • Value Estimation
    $295,000
    2,640 SF
    418 Frnt St
    RETAIL STORES (PERSONAL SERVICES)
    418 Frnt St, Mankato, MN 56001-3715
    View Details
  • Value Estimation
    $400,000
    2,882 SF
    606 Riverfront Dr
    RETAIL STORES (PERSONAL SERVICES)
    606 Riverfront Dr, Mankato, MN 56001-3451
    View Details
  • Value Estimation
    $280,000
    3,849 SF
    1429 Riverfront Dr
    RETAIL STORES (PERSONAL SERVICES)
    1429 Riverfront Dr, Mankato, MN 56001-3254
    View Details
  • Value Estimation
    $465,000
    3,960 SF
    603 Riverfront Dr
    RETAIL STORES (PERSONAL SERVICES)
    603 Riverfront Dr, Mankato, MN 56001-3452
    View Details
  • Value Estimation
    $210,000
    4,140 SF
    329 Rock St
    RETAIL STORES (PERSONAL SERVICES)
    329 Rock St, Mankato, MN 56001-3436
    View Details

Similar Nearby for Sale

  • Contact for pricing
    2,020 SF
    Retail Space Across from Mall
    Storefront within a commercial center, positioned between fitness and salon businesses.
    1849 Adams St, Mankato, MN 56001
    View Details
  • Contact for pricing
    3,536 SF
    Office and Retail Flex Space
    Versatile office units with a layout that supports retail use and convenient access from S Victory Drive
    1230 S Victory Dr, Mankato, MN 56001
    View Details
  • Contact for pricing
    5,300 SF
    Flexible Storefront Space
    The commercial space supports group meetings, events, and other activities in a downtown setting.
    615 S Front St, Mankato, MN 56001
    View Details
  • Contact for pricing
    16,300 SF
    Flex Space with Warehouse
    Versatile commercial property combining showroom, office, leased space, and warehouse functionality with frontage road access.
    219 S Victory Drive, Mankato, MN 56001
    View Details
  • $2,700,000
    18,586 SF
    Renovated Multi-Tenant Retail Space
    Multi-tenant property anchored by Fraser, with a new seven-year lease and two five-year renewal options.
    103 Homestead Road, Mankato, MN 56001
    View Details
  • New
    Contact for pricing
    23,503 SF
    Retail Space with Long-Term Office Depot Tenant
    Retail space leased to Office Depot/OfficeMax, with about two years remaining plus four renewal options.
    2020 Adams St, Mankato, MN 56001
    View Details

Similar Nearby for Lease

  • New
    Contact for pricing
    1,931 sqft
    Downtown Retail Storefront
    Second- and first-generation retail space with modern storefront and large windows, plus an optional adjacent coffee/beverage area.
    518-520 S Front St, Mankato, MN 56001
    View Details
  • $8 SF/Yr
    Downtown Storefront Space
    Flexible commercial space with central air, forced-air heat, and ramp access.
    615 S Front Street, Mankato, MN 56001
    View Details
  • Contact for pricing
    2,950 sqft
    Retail Space for Lease
    2458 sf space ideal for retail or freestanding building.
    1416 N Riverfront Dr, Mankato, MN 56001
    View Details
  • New
    Contact for pricing
    4,000 sqft
    Retail Space with High Visibility
    Retail space at Mankato Heights Plaza with strong visibility from MN-22 and a lineup of national retail co-tenants.
    1901 Madison Ave, Mankato, MN 56001
    View Details
  • New
    Contact for pricing
    Downtown Mankato Retail Opportunity
    Retail space available in downtown Mankato.
    520 S Front St |, Mankato, MN 56001
    View Details
  • New
    Contact for pricing
    2,115 sqft
    Corner Office Suite
    Updated workspace with private offices, natural light, and off-street parking.
    600 S Riverfront Dr, Mankato, MN 56001
    View Details
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1040 Madison Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Request Owner's contact information
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
Message sent successfully
Error
Email to Your Friends
Link copied to clipboard
Separate multiple addresses with a comma
Message sent successfully
Error
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Thank You

You are Unsubscribed From Notifications

Thank You for Inquiry
1040 Madison Ave, Mankato, MN, 56001
letter with green check mark
Check your email
We sent you the
agent's contact details. yellow underline
Can't find it?
Please check your junk/spam folder.
Why this one?
Saved
Reason not saved — we won't ask again
Google sign-in failed. Please try again or use another login method.
Sign Up Successful!
You now have access to more from Realmo!