Financial
Distress signals
Property profile

1116 Riverfront Dr Mankato, MN 56001

OFF-MARKET
Retail space
Property ID
US46-1914195
8,370 SF 0.57 ac lot Built 1950
Last sale Dec 2021 · $825,000
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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Property summary

AI-generated overview

The property is a 15,342-square-foot flex building configured to support a mix of commercial uses, including retail, showroom, office, production, warehouse, and storage operations. It consists of two parcels totaling 1.17 acres and features a fully fenced site designed for controlled access and outdoor storage or display. The building is located with frontage on North Riverfront Drive near Madison Avenue and the US Hwy 14 interchange, providing road access along a high-traffic corridor. The…

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.

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 · 2024

What does the county charge?
$21k
Tax billed · 2024
Assessed value$1.20M
Assessed land$78k
Assessed improvement$1.12M
Effective rate1.79%

Value estimate

· Sep 2026
$765k
$689k – $842k
AI approach$735k
Submarket $/SF estimate$699k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$108/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$69 – $133

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: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy14.6
Storage Facility11.6
Convenience Store11.1

Location

1116 Riverfront Dr Mankato, MN 56001-3353
County assessor Recorded deeds · 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3010 Adams, Mankato, MN 56001-7773 $26,900,000 Nov 2024 7,525 SF
628 Frnt, Mankato, MN 56001-3801 $360,000 Jul 2023 4,620 SF
360 Saint Andrews, Mankato, MN 56001-8594 $2,275,000 Apr 2022 6,660 SF
111 Sioux, Mankato, MN 56001-4839 $1,100,000 Nov 2021 11,928 SF
Mankato, MN 56001 $675,000 Aug 2021 8,840 SF
402 Hope, Mankato, MN 56001-5225 $275,000 Jan 2021 5,625 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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