Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

127 Lamm St Mankato, MN 56001

FOR LEASE
Retail space
Property ID
US46-1968036
8,584 SF 0.25 ac lot Built 1949
Last sale Feb 2019 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$602k
Assessed land$43k
Assessed improvement$559k
Effective rate1.90%

Value estimate

· Oct 2026
$610k
$549k – $671k
Submarket $/SF estimate$659k
NOI build-up
Gross scheduled income$47k
Vacancy & credit loss−$2k
Operating expenses−$14k
NOI · 262,883.33% cap applied$32k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$108/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$69 – $133
Qualifying comparables3

Cap rate analysis

How does the asset earn?
262,883.33%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.6
Convenience Store11.1
Auto Parts Store11.1

Location

127 Lamm St Mankato, MN 56001
County assessor Recorded deeds · 4 transfers 3 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3010 Adams, Mankato, MN 56001-7773 $26,900,000 Nov 2024 7,525 SF
360 Saint Andrews, Mankato, MN 56001-8594 $2,275,000 Apr 2022 6,660 SF
1116 Riverfront, Mankato, MN 56001-3353 $825,000 Dec 2021 8,370 SF
111 Sioux, Mankato, MN 56001-4839 $1,100,000 Nov 2021 11,928 SF
Mankato, MN 56001 $675,000 Aug 2021 8,840 SF
402 Hope, Mankato, MN 56001-5225 $275,000 Jan 2021 5,625 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved