Property summary
This exceptional 0.75-acre commercial land parcel presents a unique investment opportunity in Mankato, Minnesota. Located at 1841 Premier Dr, within the B-3 Highway Business District (APN R010909227006), this property boasts an enviable position alongside major big-box retailers on Highway 22. Specifically situated in front of Fleet Farm, between Victory Drive and Highway 14, the lot benefits from exceptionally high traffic counts generated by the surrounding commercial activity and convenient access for shoppers and commuters. The property's strategic placement ensures significant visibility and accessibility, making it an attractive location for a variety of commercial ventures. This prime location offers easy ingress and egress, contributing to its overall appeal and potential for strong returns. The property's zoning designation, B-3 Highway Business District, allows for a wide range of commercial uses, providing flexibility for potential developers. This is a rare opportunity to acquire a highly visible and accessible commercial lot in a thriving retail corridor. Don't miss this chance to capitalize on this exceptional location.
Property profile
VerifiedCap rate & NOI
Current use
-
Cafe & Coffee Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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