Financial
Distress signals
Property profile

530 N Riverfront Dr Mankato, MN 56001

FOR LEASE
Office buildings
Property ID
US46-1910650
11,440 SF 0.16 ac lot Built 1915
Last sale Apr 2021 · $578,948
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Hugo Building is a historic office building located in downtown Mankato, in the Old Town area near the Vetter Stone Amphitheater and local retail and dining. The property has been updated with recent renovations and features riverfront signage along Riverfront Drive. Parking is available through free city parking for employees and clients. The first floor is ADA accessible, and the building offers both front and rear entrances. Shared restrooms are located on the first and second floors. An

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$11k
Tax billed · 2024
Assessed value$486k
Assessed land$45k
Assessed improvement$441k
Effective rate2.35%

Value estimate

· Sep 2026
$690k
$621k – $759k
AI approach$610k
Sales comparison$689k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$128/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$60 – $216

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 Shop15.7
Auto Parts Store15.7
Storage Facility14.9

Location

530 N Riverfront Dr Mankato, MN 56001
County assessor Recorded deeds · 4 transfers 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 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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