Technical
Financial
Distress signals
Property profile

429 2nd St Mankato, MN 56001

OFF-MARKET
Retail space
Property ID
US46-1918699
7,379 SF 0.35 ac lot Built 1958
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1958
Total area 7,379 SF
Lot 0.35 ac (15,444 SF)
APN R01.09.18.107.003
UPID US46-1918699

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

429 2nd St Mankato, MN 56001-3702
Mankato metro Census 170700 MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$771k
Blend (final) Blend
$615k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Office building $945,000 +18.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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