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    Property profile & analytics

    127 Lamm St Mankato, MN 56001-2304

    • Retail space
    • 8,584 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1968036
    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.

    Current Use by Public Records

    • Red Feather Paper Co / Janitorial Equipment Supplier

    Property Details for 127 Lamm St

    Year built
    1949
    Lot size
    0.25 lot acres
    Property size
    8,584 SF
    Property type
    Retail space
    APN
    R01.08.13.257.006
    APU
    R010813257006

    Description

    This 8,584-square-foot industrial property located at 127 Lamm St, Mankato, MN 56001, offers a unique opportunity for businesses seeking refrigerated/cold storage or general warehouse space. The building, constructed in 1949 and classified as Class C, features a single tenancy with 1,000 square feet currently vacant. The property boasts eight dock-high doors, providing convenient loading and unloading capabilities. Situated in Blue Earth County, this location offers easy access via South Riverfront Drive, making it an attractive option for businesses needing convenient downtown access. While the space shares access with another commercial tenant, it can be fully secured for individual use. The property is suitable for a variety of uses, and flexible lease terms are available, including short-term or month-to-month options for qualified tenants. This versatile space combines the benefits of a prime downtown location with the functionality of a well-equipped warehouse, making it an excellent choice for businesses seeking efficient storage and distribution solutions.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -94.0142
    Latitude
    44.1609
    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
    $11,410
    $43,200
    $558,600
    $601,800
    -
    $43,200
    $558,600
    $601,800

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    127 Lamm St
    Mankato, MN 56001-2304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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