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    Property profile & analytics

    1831 Madison Ave Mankato, MN 56001-5449

    • Retail space
    • 120,010 SF
    • 11.17 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-1971840
    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

    • Sam's Club Pharmacy / Pharmacy
    • Sam's Club Connection Center / Cell Phone Store
    • Sam's Club Optical Center / Eye Care Center
    • Sam's Club Cafe / Snack Bar / Cafe
    • T-Mobile / Cell Phone Store / Cell Phone Accessory Store

    Property Details for 1831 Madison Ave

    Year built
    1994
    Lot size
    11.17 lot acres
    Property size
    120,010 SF
    Property type
    Retail space
    APN
    R01.09.16.226.028
    APU
    R010916226028

    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
    -93.9529
    Latitude
    44.165
    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
    $105,224
    $1,459,700
    $2,404,000
    $3,863,700
    -
    $1,459,700
    $2,404,000
    $3,863,700

    Comparable in this City

    • Value Estimation by Request
      1,931 SF

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      RETAIL STORES (PERSONAL SERVICES) • 1,931 SF
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    • Value Estimation by Request
      5,824 SF

      19075 Rapidan Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,824 SF
      19075 Rapidan Ave, Mankato, MN 56001-6692
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    • Value Estimation by Request
      3,116 SF

      261 Bunting Ln

      RETAIL STORES (PERSONAL SERVICES) • 3,116 SF
      261 Bunting Ln, Mankato, MN 56001-6898
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    • Value Estimation by Request
      6,916 SF

      1570 Madison Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,916 SF
      1570 Madison Ave, Mankato, MN 56001-5442
      View Details
    • Value Estimation
      $65,000
      768 SF

      1912 Riverfront Dr

      RETAIL STORES (PERSONAL SERVICES) • 768 SF
      1912 Riverfront Dr, Mankato, MN 56001-1612
      View Details
    • Value Estimation by Request
      8,000 SF

      1418 Riverfront Dr

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      1418 Riverfront Dr, Mankato, MN 56001-3253
      View Details

    Similar Nearby for Sale

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      Mankato Build-to-Suit Opportunity

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      6.22 Acres

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      Prime retail spaces available in high-traffic Mankato location.
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    Similar Nearby for Lease

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      1,931 SF

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

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      New retail development with drive-thru, available Summer 2025.
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      9,819 SF

      Retail Space with Mezzanine Level

      Retail space featuring a mezzanine level with offices and storage.
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    • $10 SF/Yr
      331,604 SF

      Madison East Center Retail Space

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    Property Visit Statistics

    • Visits by month
      168.9k
    • Visitors by month
      102.4k
    • Avg Time on site
      27 min
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    1831 Madison Ave
    Mankato, MN 56001-5449
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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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