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    1020 S Victory Dr Mankato, MN 56001
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    Property profile & analytics

    1020 S Victory Dr Mankato, MN 56001


    • Office Spaces
    • 1,584 SF
    • 0.35 lot acres
    Flex Space with High Ceilings For Sale
    $189,000
    1,080 SF

    Flex Space with High Ceilings

    30x36 flex space featuring 12-foot ceilings and overhead door.

    1020 S Victory Drive, Mankato, MN 56001
    View Listing
    Property ID
    US46-1920258
    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.

    Value Estimations
    Cap Rate Potential
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    • Office Spaces

    Property Details for 1020 S Victory Dr

    Year built
    2014
    Lot size
    0.35 lot acres
    Property size
    1,584 SF
    Property type
    Office Spaces
    APN
    R01.09.21.327.003
    APU
    R010921327003

    Description

    This exceptional Class A executive office space, located at 1020 S Victory Dr in Mankato, Minnesota, 56001, presents a unique investment opportunity. The 1,080 square foot building boasts a spacious 30x36 foot layout with impressive 12-foot ceilings. The property features a convenient 10x10 overhead door equipped with an opener and exterior LED lighting, ensuring both functionality and visibility. Access is provided by a sturdy 3-foot Plyco steel walk door with a deadbolt. Natural light floods the interior through 3x3 Anderson slider windows on the south and east sides, complemented by a 1x3 awning on the north side. Exterior aesthetics are enhanced by James Hardie fiber cement siding with Miratec exterior trim boards. The building's robust construction includes a 7-foot by 8-inch thick concrete stem wall/foundation wall, providing excellent stability. The 5-inch thick radiant heat concrete floor, connected to a shared boiler system, offers efficient and comfortable heating. Superior insulation is achieved with R50 blown-in fiberglass attic insulation. A convenient bathroom with a utility sink is included, along with a hose bibb located outside the bathroom. Other features include a 6-gallon electric domestic water heater, wall outlets, a ceiling fan, fluorescent interior lighting, and a 100-amp electrical service. The roof is a durable 26-gauge ribbed steel construction, complete with snow guards and gutters. The building also benefits from an extra-high truss energy heel and 2x6 3-ply column upper wall construction with 4-foot on-center trusses. This meticulously built and well-maintained property is ready for immediate occupancy.


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    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.9625
    Latitude
    44.1442
    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
    $3,346
    $48,500
    $236,900
    $285,400
    -
    $48,500
    $236,900
    $285,400
    View Listing
    More about this property
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