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    201 Victory Dr Mankato, MN 56001-5396
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    Property profile & analytics

    201 Victory Dr Mankato, MN 56001-5396


    • Strip malls
    • 64,053 SF
    • 6.22 lot acres
    Off-Market
    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.

    Value Estimations
    $990,000
    Cap Rate Potential
    Location Intelligence

    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 Victory Dr

    Year built
    1964
    Lot size
    6.22 lot acres
    Property size
    64,053 SF
    Property type
    Strip malls
    Property subtype
    Shopping 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

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    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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