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Financial
Distress signals
Property profile

505 Long St Mankato, MN 56001

OFF-MARKET
Strip malls
Property ID
US46-1960979
22,536 SF 1.6 ac lot Built 1974
Last sale Dec 2024 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$31k
Tax billed · 2024
Assessed value$1.22M
Assessed land$278k
Assessed improvement$942k
Effective rate2.56%

Value estimate

· Oct 2026
$510k
$459k – $561k
AI approach$510k
Submarket $/SF estimate$510k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop21.1
Law Firm20.6
Building Supply16.6

Location

505 Long St Mankato, MN 56001-4305
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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2132 Hoffman, Mankato, MN 56001-5863 $2,200,000 May 2024 22,136 SF
1920 Adams, Mankato, MN 56001-6802 $2,925,000 Nov 2022 7,488 SF
201 Sioux, Mankato, MN 56001-7114 $3,400,000 Aug 2022 17,015 SF
500 Raintree, Mankato, MN 56001-4838 $2,250,000 May 2022 23,342 SF
500 Riverfront, Mankato, MN 56001-3701 $1,325,000 Jan 2020 9,040 SF
1601 Monks, Mankato, MN 56001 $2,351,379 Sep 2019 14,407 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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