You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $670,000
Retail space

1418 Riverfront Dr Mankato, MN 56001-3253

8,000 SF 1.44 ac lot Built 1951
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US46-1944492
Property summary
AI-generated overview

This 8,000 square foot retail property, situated on 1.44 acres of land in Blue Earth County, presents a compelling investment opportunity. Located on the highly trafficked North Riverfront Drive, the property boasts exceptional visibility and convenient access. The single-tenant building currently features a 3,200 square foot suite with an adaptable open floor plan, easily modified to accommodate diverse business needs. Ample parking is available for customers and employees. The property's flexible use designation allows for a wide range of commercial applications, making it an attractive option for businesses seeking a high-profile location with strong foot traffic. The substantial lot size offers potential for future expansion or development. This prime retail space combines high visibility, convenient access, and a flexible layout, making it an ideal location for a variety of commercial enterprises. The property's location on North Riverfront Drive ensures significant exposure to a large volume of daily traffic, maximizing the potential for business success. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location. The property's size and layout provide ample space for a variety of business operations, while the convenient parking ensures customer and employee convenience. The flexible use designation allows for a wide range of potential tenants, making this a strong investment opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Total area 8,000 SF
Lot 1.44 ac (62,726 SF)
APN R01.09.07.227.011
UPID US46-1944492
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sweet Sounds Electronics & Wireless Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$861k
Blend (final) Blend
$670k
Owner & transaction history
Sweet Sounds INC · 6 yrs held
Sweet Sounds INC
since 2019
3 recorded transactions
2019
Price N/A
2017
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.0M +18.1%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1418 Riverfront Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message