Financial
Distress signals
Property profile

1660 Commerce Dr North Mankato, MN 56003

OFF-MARKET
Office buildings
Property ID
US46-2936000
4,401 SF 1 ac lot Built 2015
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$747k
Assessed land$199k
Assessed improvement$548k
Effective rate2.58%

Value estimate

· Sep 2026
$340k
$306k – $374k
AI approach$340k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$127/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$61 – $208

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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.

JurisdictionNICOLLET

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.4
Law Firm10.5
Electrical Service9.9

Location

1660 Commerce Dr North Mankato, MN 56003-1912
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1120 Ss, North Mankato, MN 56003-3507 $560,000 Jan 2024 4,640 SF
1651 Commerce, North Mankato, MN 56003-1960 $525,000 Mar 2022 5,772 SF
Mankato, MN 56003 $684,097 Oct 2021 6,965 SF
401 Sherman, North Mankato, MN 56003-3726 $125,000 Dec 2020 1,774 SF
1570 Lookout, North Mankato, MN 56003-2502 $599,000 May 2019 12,179 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
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