You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $530,000
Manufacturing properties

1043 Southbend Ave Mankato, MN 56001-5957

9,000 SF 0.98 ac lot Built 1956
Entity Owned 1-yr Hold Free & Clear
Property ID
US46-1893333
Property summary
AI-generated overview

This exceptional commercial property, situated in South Bend Township near Mankato, MN, presents a unique investment opportunity. Boasting high visibility and accessibility on Highway 169 South, with approximately 20,000 vehicles passing daily, this property features two buildings totaling 14,000 square feet. Building 1, constructed in 1956, offers 9,000 square feet of space, including a 10' x 10' overhead door, 11' ceilings, an office area with showroom/reception space, two bathrooms, and a large warehouse/stockroom seamlessly connecting to a rear warehouse. Building 2, a 5,000 square foot metal pole shed built in 1983, provides two 12' overhead doors, 16' sidewalls, and a loading dock, ideal for storage, deliveries, or production. The property includes over 30 parking spaces and features a recently installed roof. This versatile space is perfect for businesses requiring storage, warehousing, or manufacturing capabilities, offering significant potential for growth and profitability in a high-traffic location. The combination of ample space, convenient access, and high visibility makes this an attractive option for expansion, relocation, or investment.

Property profile
Verified
Property type Manufacturing properties
Use group HEAVY MANUFACTURING
Year built 1956
Total area 9,000 SF
Lot 0.98 ac (42,645 SF)
APN R50.08.22.227.003
UPID US46-1893333
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$530k
Owner & transaction history
Landmark Assets LLC · 1 yrs held
Landmark Assets LLC
since 2025
Last sale
$550,000
3 recorded transactions
2025
Price N/A
2022
$550,000
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $850,000 +194.1%
Warehouse, storage $830,000 +187.6%
Office building $805,000 +179.0%
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 1043 Southbend 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.
List this address →
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