Financial
Distress signals
Property profile

1921 Excel Dr Mankato, MN 56001

OFF-MARKET
Office buildings
Property ID
US46-1486467
4,590 SF 1.27 ac lot Built 2004
Last sale Nov 2023 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This office building is situated on a 3-acre site in Eastwood Industrial Park in Mankato, Minnesota, located at 1921 Excel Drive with access to Victory Drive. The property includes a large paved parking area and monument signage, supporting on-site vehicle parking and identification. The site is within an office-oriented setting surrounded by professional businesses in the industrial park, and the building is configured for office use.

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 · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$748k
Assessed land$166k
Assessed improvement$582k
Effective rate1.79%

Value estimate

· Sep 2026
$580k
$522k – $638k
Sales comparison$689k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$128/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$60 – $216

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.

JurisdictionBLUE EARTH

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.9
Bakery8.7
Locksmith8.7

Location

1921 Excel Dr Mankato, MN 56001-6281
County assessor Recorded deeds · 2 transfers 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
501 Riverfront, Mankato, MN 56001-3450 $810,000 Jun 2024 3,780 SF
1720 Bassett, Mankato, MN 56001-6569 $899,000 Dec 2022 4,818 SF
54945 210th, Mankato, MN 56001-2100 $722,700 Aug 2022 4,920 SF
151 Saint Andrews Ct, Mankato, MN 56001-8815 $1,825,000 May 2022 3,882 SF
521 Pfau, Mankato, MN 56001-7032 $625,000 Sep 2021 5,084 SF
105 Homestead, Mankato, MN 56001-5735 $237,000 Apr 2021 4,912 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1921 Excel Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message