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    Property profile & analytics

    3799 3rd Ave Mankato, MN 56001-2753

    • Office buildings
    • 672 SF
    • 13.17 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 24, 2024
    $4,800,000
    Location Intelligence
    Property ID
    US46-1973130
    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

    • Office buildings

    Property Details for 3799 3rd Ave

    Year built
    2014
    Lot size
    13.17 lot acres
    Property size
    672 SF
    Property type
    Office buildings
    APN
    R40.04.31.200.026
    APU
    R400431200026

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.9908
    Latitude
    44.2093
    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
    $27,292
    $154,500
    $1,371,300
    $1,525,800
    -
    $154,500
    $1,371,300
    $1,525,800

    Comparable in this City

    • Value Estimation by Request
      9,445 SF

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    • Value Estimation by Request
      2,418 SF

      1021 Madison Ave

      OFFICE BUILDING • 2,418 SF
      1021 Madison Ave, Mankato, MN 56001-6143
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      19,116 SF

      601 Reed St

      OFFICE BUILDING • 19,116 SF
      601 Reed St, Mankato, MN 56001
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    • Value Estimation by Request
      25,191 SF

      700 Riverfront Dr

      OFFICE BUILDING • 25,191 SF
      700 Riverfront Dr, Mankato, MN 56001-2338
      View Details
    • Value Estimation
      $220,000
      1,310 SF

      120 Augusta Ct Ste 106a

      OFFICE BUILDING • 1,310 SF
      120 Augusta Ct Ste 106a, Mankato, MN 56001-7719
      View Details
    • Value Estimation by Request
      4,532 SF

      329 Ellis Ave

      OFFICE BUILDING • 4,532 SF
      329 Ellis Ave, Mankato, MN 56001-4006
      View Details

    Similar Nearby for Sale

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      5,796 SF Office; Highway 14 Visibility
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      Mankato Office Space with Lake Views

      Well-appointed office space with stunning Lake Dorothy views for sale.
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      High-traffic location, versatile space, excellent visibility.
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    Similar Nearby for Lease

    • $575,000
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      Stand Alone Office Building

      Stand alone office building with multiple private offices and exam rooms.
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      View Details
    • $6 SF/Yr
      42,410 SF

      Mankato Office & Warehouse Space

      Prime Mankato location, flexible office/warehouse suites.
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    • $818 /Mo
      3,923 SF

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    • $220 SF/Yr
      3,300 SF

      Mankato Office Space for Nonprofits

      Office space in Mankato for nonprofit tenants only.
      212 E Walnut St, Mankato, MN 56001
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    • $11 SF/Yr
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      Downtown Office Space For Rent

      Modern office space in the heart of downtown.
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    • Contact for pricing
      3,079 SF

      Historic Union Train Depot Office

      Updated office space in historic Mankato train depot.
      112-142 S Riverfront Dr, Mankato, MN 56001
      View Details
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    Mankato, MN 56001-2753
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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