Financial
Distress signals
Property profile

209 2nd St Mankato, MN 56001

OFF-MARKET
Office buildings
Property ID
US46-1984221
45,965 SF Built 1975
Last sale Dec 2017 · $907,815
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$102k
Tax billed · 2024
Assessed value$2.89M
Assessed improvement$2.89M
Effective rate3.53%

Value estimate

· Sep 2026
$1.81M
$1.63M – $1.99M
Sales comparison$1.87M

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 Store10.2
Auto Parts Store10.0
Storage Facility9.5

Location

209 2nd St Mankato, MN 56001-3626
County assessor Recorded deeds · 1 transfer 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
600 Reed, Mankato, MN 56001-6410 $600,000 Dec 2024 10,494 SF
307 Pne, Mankato, MN 56001-3016 $1,150,000 Aug 2024 9,740 SF
215 Hickory, Mankato, MN 56001-3610 $650,000 May 2023 13,467 SF
1907 Excel, Mankato, MN 56001-6281 $920,000 Sep 2022 8,880 SF
1700 Premier, Mankato, MN 56001-6048 $310,000 Apr 2022 8,485 SF
530 Riverfront, Mankato, MN 56001-3449 $578,948 Apr 2021 11,440 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
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