Realmo Analytics

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Property profile

530 Riverfront Dr Mankato, MN 56001

OFF-MARKET
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 downtown office building located in Old Town, Mankato. Office space is configured with ADA accessibility on the first floor and provides both front and rear entrances. Shared restroom facilities are available on the first and second floors. Riverfront Drive signage is present, and the building is situated in an area with nearby retail and dining options, with public parking available in the vicinity.

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

· Oct 2026
$690k
$621k – $759k
AI approach$610k
Submarket $/SF estimate$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 Riverfront Dr Mankato, MN 56001-3449
County assessor Recorded deeds · 4 transfers 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
600 Reed, Mankato, MN 56001-6410 $600,000 Dec 2024 10,494 SF
307 Pne, Mankato, MN 56001-3016 $1,150,000 Aug 2024 9,740 SF
215 Hickory, Mankato, MN 56001-3610 $650,000 May 2023 13,467 SF
1907 Excel, Mankato, MN 56001-6281 $920,000 Sep 2022 8,880 SF
1700 Premier, Mankato, MN 56001-6048 $310,000 Apr 2022 8,485 SF
226 Broad, Mankato, MN 56001-3520 $180,000 Mar 2022 7,602 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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