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    Property profile & analytics

    1545 Madison Ave Mankato, MN 56001-5443

    • Drive through restaurants
    • 3,006 SF
    • 1.18 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1886499
    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

    • Wendy's / Fast Food Restaurant / Hamburger Restaurant

    Property Details for 1545 Madison Ave

    Year built
    1999
    Lot size
    1.18 lot acres
    Property size
    3,006 SF
    Property type
    Drive through restaurants
    APN
    R01.09.16.101.016
    APU
    R010916101016

    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
    -93.9654
    Latitude
    44.1663
    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
    $23,194
    $385,100
    $558,200
    $943,300
    -
    $385,100
    $558,200
    $943,300

    Comparable in this City

    • Value Estimation by Request
      3,360 SF

      1855 Madison Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,360 SF
      1855 Madison Ave, Mankato, MN 56001-6200
      View Details
    • Value Estimation
      $715,000
      1,500 SF

      814 Riverfront Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,500 SF
      814 Riverfront Dr, Mankato, MN 56001-3336
      View Details
    • Value Estimation
      $1,175,000
      4,549 SF

      1856 Madison Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,549 SF
      1856 Madison Ave, Mankato, MN 56001-5448
      View Details
    • Value Estimation by Request
      3,366 SF

      520 Riverfront Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,366 SF
      520 Riverfront Dr, Mankato, MN 56001-3701
      View Details
    • Value Estimation
      $400,000
      1,719 SF

      1041 Madison Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,719 SF
      1041 Madison Ave, Mankato, MN 56001-6143
      View Details
    • Value Estimation by Request
      3,008 SF

      101 Lind St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,008 SF
      101 Lind St, Mankato, MN 56001-0426
      View Details

    Similar Nearby for Sale

    • New
      $599,000
      Pending

      Freestanding Commercial Building with Drive-Thru

      Former Hardee’s with drive-thru, ideal for restaurant or retail.
      101 W Lind Ct, Mankato, MN 56001
      View Details
    • $450,000
      3,168 SF

      Mankato Mixed-Use Investment Opportunity

      Mixed-use property with coffee shop and apartments in downtown Mankato.
      329 N Riverfront Dr, Mankato, MN 56001
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    • $3,150,000
      7,480 SF

      Retail Property in Mankato, MN

      Retail property with national tenants, excellent visibility and access.
      1920 Adams St, Mankato, MN 56001
      View Details
    • $3,150,000
      7,480 SF

      Mankato Triple-Net Retail Investment

      High-Demand QSR Portfolio, 6.25% Cap Rate
      1920 Adams St, Mankato, MN 56001
      View Details
    • $650,000
      5,000 SF

      Mankato Build-to-Suit Opportunity

      5,000 SF Retail Space, Highway 14 Exposure
      0 St Andrews Dr, Mankato, MN 56001
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    • $300,000
      0.75 Acres

      Prime Retail Outlot Opportunity

      Strategically located retail outlot with high traffic counts.
      Tbd Premier Dr, Mankato, MN 56001
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,500 SF

      Prime Retail Pads Available

      New retail development with drive-thru, available Summer 2025.
      N Victory Dr, Mankato, MN 56001
      View Details
    • Contact for pricing
      5,852 SF

      QSR/Cafe End Cap Retail

      Prime retail opportunity with maximum exposure and accessibility.
      511 Holly Ln, Mankato, MN 56001
      View Details
    • $15 SF/Yr
      115,875 SF

      Repurposed Entertainment and Restaurant Hub

      Family entertainment and restaurant hub with diverse leasing options.
      1850 Madison Ave, Mankato, MN 56001
      View Details
    • Contact for pricing
      10,130 SF

      Mankato Retail Space Available

      Downtown Mankato retail space, high traffic area.
      615 Front St, Mankato, MN 56001
      View Details
    • $1.00 SF/Yr
      726,795 SF

      River Hills Mall Retail Space

      Mankato, MN Shopping Center Opportunity
      1850 Adams St, Mankato, MN 56001
      View Details
    • Contact for pricing
      717,102 SF

      1850 Adams St

      Individual retail properties • 717,102 SF
      1850 Adams St, Mankato, MN 56001
      View Details

    Property Visit Statistics

    • Visits by month
      57.6k
    • Visitors by month
      36.5k
    • Avg Time on site
      8 min
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    1545 Madison Ave
    Mankato, MN 56001-5443
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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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