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Financial
Distress signals
Property profile

1531 Madison Ave Mankato, MN 56001

OFF-MARKET
Manufacturing properties
Property ID
US46-1951699
34,859 SF 1.9 ac lot Built 1959
Last sale Dec 2023 · $2,310,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This renovated, multi-tenant light industrial building is located with direct access from Madison Avenue and Belle Avenue and is configured to support a range of commercial uses. The property encompasses 23,398 square feet and includes seven rentable suites, with the flexibility to divide or combine spaces to meet tenant requirements. Building features include common area amenities, a loading dock, and a large on-site parking lot. The listed available suite area is within a building segment of…

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$53k
Tax billed · 2024
Assessed value$2.02M
Assessed land$497k
Assessed improvement$1.52M
Effective rate2.61%

Value estimate

· Oct 2026
$2.13M
$1.92M – $2.34M
AI approach$2.13M

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.7
Electrical Service10.1
Storage Facility8.9

Location

1531 Madison Ave Mankato, MN 56001-5443
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

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1101 Riverfront, Mankato, MN 56001-3354 $600,000 Sep 2022 10,296 SF
1043 Southbend Ave, Mankato, MN 56001-5957 $550,000 Apr 2022 No data
301 Eleanor, Mankato, MN 56001-1833 $250,000 Apr 2022 6,080 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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