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    1043 Southbend Ave Mankato, MN 56001-5957
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    Property profile & analytics

    1043 Southbend Ave, Mankato, MN 56001-5957

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    • Manufacturing properties
    • 9,000 SF
    • 0.98 lot acres
    Off-Market
    Last Sale Apr 13, 2022
    $550,000
    Property ID
    US46-1893333
    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
    $530,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 1043 Southbend Ave

    Year built
    1956
    Lot size
    0.98 lot acres
    Property type
    Manufacturing properties
    APN
    R50.08.22.227.003
    APU
    R500822227003

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $515,000
      ML approach
      $495,000
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $850,000
      WAREHOUSE, STORAGE
      $830,000
      OFFICE BUILDING
      $805,000
      COMMERCIAL (GENERAL)
      $585,000
      AUTO REPAIR, GARAGE
      $570,000
      RETAIL STORES
      $515,000
      MEDICAL BUILDING
      $515,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -94.0525
    Latitude
    44.1515
    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
    $10,980
    $58,700
    $467,000
    $525,700
    -
    $58,700
    $467,000
    $525,700
    More about this property
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