1896 Adams St Mankato, MN 56001-6539
Property profile & analytics
1896 Adams St Mankato, MN 56001-6539
- Auto shops
- 9,918 SF
- 0.96 lot acres
Property ID
US46-1878697
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.
Location Intelligence
Current Use by Public Records
- Auto shops
Property Details for 1896 Adams St
- Year built
- 1995
- Lot size
- 0.96 lot acres
- Property size
- 9,918 SF
- Property type
- Auto shops
- APN
- R01.09.09.426.034
- APU
- R010909426034
Description
This exceptional 9,860-square-foot auto center is strategically located in Mankato, Minnesota, at 1896 Adams St., 56001, offering unparalleled visibility and accessibility. Situated on a 0.96-acre lot, this single-building property, constructed in 1996, boasts a prime location adjacent to the River Hills Mall, a major shopping destination attracting over 4.5 million visitors annually. The property's previous use as a tire, battery, and auto shop provides a well-established infrastructure, including a dedicated sales floor, a spacious mechanic shop equipped with eight garage doors, and multiple offices and additional rooms. This high-traffic location benefits from its proximity to US Highway 22 & 14, ensuring excellent exposure to a large customer base. The thriving Mankato-North Mankato MSA, encompassing Blue Earth and Nicollet counties, boasts a population of 103,566, with a broader regional draw of 287,175 people. Mankato's robust economy, fueled by agriculture, healthcare, manufacturing, retail, and higher education, including Minnesota State University, Mankato, contributes to a strong market for this type of commercial property. The city's growth rate significantly outpaces comparable cities, making this a compelling investment opportunity. The asking price for this property is $2,200,000.
Value Estimations
based on Realmo’s proprietary methodology
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Mankato
- County
- Blue Earth
- State
- Minnesota
- Longitude
- -93.9496
- Latitude
- 44.1733
- 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
$8,624
$134,200
$238,000
$372,200
-
$134,200
$238,000
$372,200
