1 Scholarship Way Saint Peter, MN 56082-1693
Property profile & analytics
1 Scholarship Way Saint Peter, MN 56082-1693
- Office buildings
- 39,576 SF
- 18.23 lot acres
Property ID
US46-2924940
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.
Location Intelligence
Current Use by Public Records
- Scholarship America / Charitable Organization / Social Service Agency
- PARKING LOT / Parking Lot & Garage
Property Details for 1 Scholarship Way
- Year built
- 1984
- Lot size
- 18.23 lot acres
- Property size
- 39,576 SF
- Property type
- Office buildings
- APN
- 19.020.0090
- APU
- 190200090
Description
This exceptional 18.32-acre commercial land parcel presents a unique investment opportunity in Saint Peter, Minnesota. Located at 1 Scholarship Way, this property (APN 19-020-0090) offers significant potential for various commercial developments. The asking price is $2,500,000. Saint Peter boasts a strategic location along Highway 169 and the Minnesota River, providing excellent accessibility. The city's vibrant community is further enhanced by the presence of Gustavus Adolphus College, a significant institution with an enrollment of 2,100 students. This substantial student population contributes to a robust local economy and creates a strong potential market for various commercial ventures. Adding to the city's healthcare infrastructure is the Mayo Clinic's presence through its Rivers Edge and St. Peter Community Clinics. The city's population of 12,158 residents provides a solid base for local businesses. This expansive land parcel offers developers the chance to capitalize on Saint Peter's growth and create a thriving commercial project within a well-established and thriving community. The property's size and location make it ideal for a wide range of commercial uses, presenting a compelling investment opportunity with significant long-term potential. The property is zoned for commercial use (verification of zoning is recommended). Serious inquiries are encouraged.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,290,000
- ML approach
- $1,645,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Saint Peter
- County
- Nicollet
- State
- Minnesota
- Longitude
- -93.9757
- Latitude
- 44.3172
- 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
2023
$50
$881,500
$3,002,600
$3,884,100
-
$881,500
$3,002,600
$3,884,100
