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Property profile & analytics

511 Holly Ln Mankato, MN 56001

  • Strip malls
  • 5,852 SF
  • 1.03 lot acres
For Lease
Last Sale
Aug 25, 2023
$324,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US46-1980823
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

  • Jimmy John's / Take-out & Catering / Catering Service
  • 507 Tobacco / Cafe & Coffee Shop
  • Profile Plan - Personalized Weight Loss Plans (Virtual Location) / Weight Loss Service / Dietitian
  • Budget Blinds of Mankato / (Bike/Boat/Book/etc) Store / Home Decor Store

Property Details for 511 Holly Ln

Year built
2012
Lot size
1.03 lot acres
Property size
5,852 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
R01.09.17.231.016
APU
R010917231016

Description

This exceptional 9,896 square foot retail property, located at 511 Holly Lane North in Mankato, Minnesota, presents a compelling investment opportunity. Built in 2012, the property sits on a 1.03-acre lot and enjoys a highly visible location in a high-traffic area, with an estimated 30,000 vehicles passing daily. The property is currently net-leased to national brand tenants, boasting an excellent rental history, providing a stable and predictable income stream for investors. A key advantage is the availability of 2,000 square feet of lease space commencing May 1, 2024, offering potential for expansion or additional income generation. This presents a unique chance to acquire a well-established, core investment-grade retail property in a thriving Minnesota market. The property's location in Blue Earth County, zip code 56001, ensures easy access and high visibility for businesses. This is an ideal opportunity for investors seeking a stable, net-leased investment with significant upside potential. The property's strong tenant history and prime location make it a highly desirable asset.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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


Location Insight

  • Map
  • Local Demand
City
Mankato
County
Blue Earth
State
Minnesota
Longitude
-93.9696
Latitude
44.1662
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
$56,902
$403,200
$1,494,200
$1,897,400
-
$403,200
$1,494,200
$1,897,400
More about this property
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