Property profile

1930 Lor Ray Dr North Mankato, MN 56003

OFF-MARKET
Industrial properties
Property ID
US46-2219504
16,125 SF 4.15 ac lot Built 1986
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1986
Total area 16,125 SF
Lot 4.15 ac (180,948 SF)
APN 18.860.0010
UPID US46-2219504

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Trucking Company

Location

1930 Lor Ray Dr North Mankato, MN 56003-1229
North Mankato metro Census 480502 MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
by Request
Comparable Approach Comparable
$613k
Blend (final) Blend
$535k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $885,000 +76.8%
Neighborhood: shopping center $815,000 +62.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 1930 Lor Ray 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