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Property profile & analytics
FOR SALE
Grocery and convenience stores
3010 Adams St, Mankato, MN 56001
Individually Owned
1-yr Hold
Free & Clear
Property ID
US46-3110229
For Sale
1 / 12
Contact for pricing
3010 Adams St, Mankato, MN 56001
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2021
Total area
7,525 SF
Lot
9.96 ac (433,858 SF)
APN
R01.09.11.301.001
UPID
US46-3110229
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Shell Gas Station
-
Mankato Travel Center Parking Lot & Garage Gas Station
-
CAT Scale Parking Lot & Garage Gas Station
-
LibertyX Bitcoin ATM Atm
-
Ten20 Tavern Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kb Mankato Travel Center Dst · 1 yrs held
Kb Mankato Travel Center Dst
since 2024
Last sale
$26.9M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mankato submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mankato submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$193,480
Tax year 2024
Assessed value
$5,933,000
Assessed 2024
Previous assessed
$6,136,500
-3.3% YoY
Effective rate
3.26%
On assessed value
Assessed land
$954,000
Assessed improvement
$4,979,000
Land market value
$954,000
Improvement market value
$4,979,000
Total market value
$5,933,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
For Sale
Year built
2021
Buildings
2
Stories
1
Total area
7,525 SF
Lot
9.96 ac (433,858 SF)
APN
R01.09.11.301.001
UPID
US46-3110229
Jurisdiction
BLUE EARTH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2021
Stories
1
Buildings
2
Lot
9.96 ac
Current owner
From public records · entity-resolved
Kb Mankato Travel Center Dst
Individual
Free & Clear · 1 yrs held
Mailing address
3822 SIOUX LN, MADISON LAKE, MN 56063-9529
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2024
$26,900,000
Kb Mankato Travel Center Dst
Lv Petroleum LLC
Deed
—
Oct 21, 2024
—
Lv Petroleaum LLC
—
Deed
related
$11,123,000 · Stearns Bank NA
Dec 21, 2022
—
Trifecta Properties LLC
—
Deed
related
$3,948,000 · Southeastern Mn 504 Dev INC
Sep 26, 2022
—
Trifecta Properties LLC
Trifecta Properties LLC
Intrafamily Transfer
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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