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    320 Stadium Rd Mankato, MN 56001-5165
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    Property profile & analytics

    320 Stadium Rd Mankato, MN 56001-5165


    • Strip malls
    • 6,556 SF
    • 0.95 lot acres
    Off-Market
    Last Sale Dec 5, 2023
    $1,139,000
    Property ID
    US46-1877386
    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
    $1,105,000
    Show details
    Cap Rate Potential
    8.2%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • RiverRidge Chiropractic / Alternative Medicine Practice
    • Anthony J. Moldan, DC / Alternative Medicine Practice
    • Pioneer Bank / Bank / Loan Service

    Property Details for 320 Stadium Rd

    Year built
    2004
    Lot size
    0.95 lot acres
    Property size
    6,556 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    R01.09.20.153.011
    APU
    R010920153011

    Description

    This exceptional commercial property at 320 Stadium Road, Mankato, MN 56001, offers a versatile 1,275 square foot retail or office space within a larger 6,556 square foot building situated on a 42,156 square foot lot in Blue Earth County. The single-tenant space boasts high visibility and convenient access, ideally located near Minnesota State University, Mankato (MNSU). Its strategic placement ensures exposure to a substantial customer base encompassing students, faculty, staff, and the local community. The property's current configuration includes multiple private offices, a private in-suite bathroom, a reception area, and a front desk, providing a functional and adaptable layout. This prime location shares the building with established businesses like Pioneer Bank and a laundromat, further enhancing its appeal and accessibility. The property's size and location make it an excellent opportunity for a variety of businesses seeking a high-traffic, easily accessible location in a thriving Mankato neighborhood. The property is classified as Retail and Land, offering significant potential for various commercial uses. This is a rare opportunity to acquire a well-positioned commercial space in a desirable Mankato location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,050,000
      ML approach
      $1,085,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,435,000
      6.5%
      $1,325,000
      7%
      $1,230,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.988
    Latitude
    44.1454
    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
    $25,530
    $206,600
    $789,600
    $996,200
    -
    $206,600
    $789,600
    $996,200
    More about this property
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