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Property profile & analytics

201 N Victory Dr Mankato, MN 56001

  • Strip malls
  • 64,053 SF
  • 6.22 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US46-1963646
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

  • MGM Wine & Spirits / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
  • ATM / Atm
  • Anne Marie Gerber / Midwife
  • Anne Gerber / Midwife
  • Oz Tobacco Shop / (Bike/Boat/Book/etc) Store

Property Details for 201 N Victory Dr

Year built
1964
Lot size
6.22 lot acres
Property size
64,053 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
R01.09.17.231.001
APU
R010917231001

Description

This 4,093 square foot retail space is situated in Victory Center, a well-established Mankato retail center with over 50 years of history. Located conveniently off Victory Drive and Madison Avenue, this property benefits from high visibility and accessibility, with approximately 23,000 vehicles passing daily, according to MNDOT traffic counts. The space currently features a layout suitable for medical use, including four exam rooms, three bathrooms, a waiting area/lobby, a lab, two offices, and ample storage. However, its adaptable design makes it suitable for a variety of retail businesses. The property includes convenient front and back access, sharing the common mall area with anchor tenants MGM liquor and River Bend Business Products. The asking price is $3411. The space is 4,093 square feet, situated on a 6.22-acre lot. The base rent is $10 per square foot per year, plus estimated operating expenses of $6.22 per square foot per year (NNN). This presents a unique opportunity to establish or expand your business in a thriving Mankato location. The property is located at 201 N Victory Drive Unit 211, Mankato, MN.


Value Estimations

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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Mankato
County
Blue Earth
State
Minnesota
Longitude
-93.9706
Latitude
44.1646
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
$70,968
$1,047,800
$1,612,000
$2,659,800
-
$1,047,800
$1,612,000
$2,659,800
More about this property
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