Financial
Distress signals
Property profile

1230 S Victory Dr Mankato, MN 56001

FOR LEASE
Other office properties
Property ID
US46-1886587
3,536 SF 0.41 ac lot Built 1994
Last sale Sep 2018 · $410,000
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial property at 1230 S Victory Drive in Mankato, Minnesota is configured to support office and retail uses. It is located along S Victory Drive and provides access from Highway 22, Victory Drive, and Stadium/University Connection, with frontage on a major thoroughfare and positioning within a mixed commercial area near agricultural services and other light office/industrial users. The building offers a functional layout suitable for uses such as agriculture-related activities,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$8k
Tax billed · 2024
Assessed value$363k
Assessed land$36k
Assessed improvement$327k
Effective rate2.09%

Value estimate

· Sep 2026
$225k
$203k – $248k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$94/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$56 – $139
Qualifying comparables7

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.6
Auto Parts Store8.6
Nail Salon8.5

Location

1230 S Victory Dr Mankato, MN 56001
County assessor Recorded deeds · 1 transfer 7 qualifying comp sales 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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