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    Property profile & analytics

    1271 Riv Dr Mankato, MN 56001-2281

    • Grocery and convenience stores
    • 6,000 SF
    • 3.31 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1913987
    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

    • Kwik Trip / Lottery Retailer / Tobacco Shop

    Property Details for 1271 Riv Dr

    Year built
    2000
    Lot size
    3.31 lot acres
    Property size
    6,000 SF
    Property type
    Grocery and convenience stores
    APN
    R01.08.01.428.001
    APU
    R010801428001

    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
    -94.0124
    Latitude
    44.1877
    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
    $37,532
    $504,600
    $917,900
    $1,422,500
    -
    $504,600
    $917,900
    $1,422,500

    Comparable in this City

    • Value Estimation by Request
      6,602 SF

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      CONVENIENCE STORE • 6,602 SF
      Mankato, MN 56001
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      10,288 SF

      921 Coneflower Dr

      CONVENIENCE STORE • 10,288 SF
      921 Coneflower Dr, Mankato, MN 56001-7505
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      69,183 SF

      1800 Madison Ave

      GROCERY, SUPERMARKET • 69,183 SF
      1800 Madison Ave, Mankato, MN 56001-6883
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      10,062 SF

      1701 Premier Dr

      CONVENIENCE STORE • 10,062 SF
      1701 Premier Dr, Mankato, MN 56001-6048
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      7,525 SF

      3010 Adams St

      CONVENIENCE STORE • 7,525 SF
      3010 Adams St, Mankato, MN 56001-7773
      View Details
    • Value Estimation by Request
      3,796 SF

      1901 Adams St

      CONVENIENCE STORE • 3,796 SF
      1901 Adams St, Mankato, MN 56001-6802
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      30 SF

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    • $339,900
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      Mankato Commercial Retail Space

      Retail space with mezzanine, office, and showroom for sale.
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      Retail center with highway visibility and strong tenant demand.
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    • $650,000
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      Mankato Build-to-Suit Opportunity

      5,000 SF Retail Space, Highway 14 Exposure
      0 St Andrews Dr, Mankato, MN 56001
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    • $649,000
      1.28 Acres

      Mankato Drive-Thru Commercial Space

      Freestanding commercial building with drive-thru, ideal for restaurant or retail.
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    • $650,000

      Riverfront Retail Land - Mankato, MN

      High-visibility corner lot, redevelopment potential.
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    Similar Nearby for Lease

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      9,819 SF

      Retail Space with Mezzanine Level

      Retail space featuring a mezzanine level with offices and storage.
      1701 Adams St, Mankato, MN 56001
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      717,102 SF

      1850 Adams St

      Individual retail properties • 717,102 SF
      1850 Adams St, Mankato, MN 56001
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      1,931 SF

      Downtown Mankato Retail Space

      Prime 1,931 SF retail space in downtown Mankato.
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      7,500 SF

      Prime Retail Pads Available

      New retail development with drive-thru, available Summer 2025.
      N Victory Dr, Mankato, MN 56001
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      2,115 SF

      Mankato Retail/Office Corner Suite

      Prime Mankato location ideal for retail or office use.
      600 S Riverfront Dr, Mankato, MN 56001
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    • Contact for pricing
      2,145 SF

      Retail Space in Mankato, MN

      Endcap retail space with high visibility in Mankato, MN.
      818-826 Front St, Mankato, MN 56001
      View Details

    Property Visit Statistics

    • Visits by month
      71.3k
    • Visitors by month
      49.1k
    • Avg Time on site
      12 min
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    1271 Riv Dr
    Mankato, MN 56001-2281
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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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