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    Property profile & analytics

    820 Riverfront Dr Mankato, MN 56001-3336

    • Office buildings
    • 1,152 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $830,000
    Last Sale
    Jan 30, 2023
    $750,000
    Location Intelligence
    Property ID
    US46-1028327
    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

    • Devin Krienke & Associates, Llc American Family Insurance / Insurance Agency
    • American Family Insurance / Insurance Company

    Property Details for 820 Riverfront Dr

    Year built
    1926
    Lot size
    0.22 lot acres
    Property size
    1,152 SF
    Property type
    Office buildings
    APN
    R01.09.07.252.044
    APU
    R010907252044

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $840,000

    • CAP approach

      CAP return
      Estimation
      6%
      $855,000
      6.5%
      $755,000
      7%
      $835,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $805,000
      Geo Method
      $845,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $760,000
      Retail
      $860,000
      Mixed-Use
      $895,000
      Hospitality
      $975,000
      Educational
      $775,000
      Residential Income
      $980,000
      Energy
      $930,000
      Income-Based Land
      $900,000
      Food Service
      $890,000

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.9962
    Latitude
    44.1748
    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
    $5,452
    $55,000
    $228,000
    $283,000
    -
    $55,000
    $228,000
    $283,000

    Comparable in this City

    • Value Estimation by Request
      44,489 SF

      710 Frnt St

      OFFICE BUILDING • 44,489 SF
      710 Frnt St, Mankato, MN 56001-3803
      View Details
    • Value Estimation by Request
      28,983 SF

      204 5th St

      OFFICE BUILDING • 28,983 SF
      204 5th St, Mankato, MN 56001-4585
      View Details
    • Value Estimation by Request
      9,556 SF

      112 Riverfront Dr

      OFFICE BUILDING • 9,556 SF
      112 Riverfront Dr, Mankato, MN 56001-3619
      View Details
    • Value Estimation by Request
      400 SF

      207 Elm St

      OFFICE BUILDING • 400 SF
      207 Elm St, Mankato, MN 56001
      View Details
    • Value Estimation by Request
      6,012 SF

      1901 Excel Dr

      OFFICE BUILDING • 6,012 SF
      1901 Excel Dr, Mankato, MN 56001-6281
      View Details
    • Value Estimation by Request
      4,590 SF

      1921 Excel Dr

      OFFICE BUILDING • 4,590 SF
      1921 Excel Dr, Mankato, MN 56001-6281
      View Details

    Similar Nearby for Sale

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      Mankato Commercial Retail Space

      Retail space with mezzanine, office, and showroom for sale.
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    • New
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      Mankato Office/Warehouse Investment Opportunity

      High-traffic location, versatile space, excellent visibility.
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      Mankato Office Building For Sale

      Prime West Mankato location, high visibility, renovated.
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    Similar Nearby for Lease

    • $575,000
      3,160 SF

      Stand Alone Office Building

      Stand alone office building with multiple private offices and exam rooms.
      204 Star St, Mankato, MN 56001
      View Details
    • $6 SF/Yr
      42,410 SF

      Mankato Office & Warehouse Space

      Prime Mankato location, flexible office/warehouse suites.
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      View Details
    • $818 /Mo
      3,923 SF

      Emy Frentz Building Office Suite

      Single office suite for nonprofit tenants in downtown Mankato.
      523 S 2Nd St, Mankato, MN 56001
      View Details
    • $220 SF/Yr
      3,300 SF

      Mankato Office Space for Nonprofits

      Office space in Mankato for nonprofit tenants only.
      212 E Walnut St, Mankato, MN 56001
      View Details
    • $11 SF/Yr
      1,250 SF

      Downtown Office Space For Rent

      Modern office space in the heart of downtown.
      200-210 E Walnut St, Mankato, MN 56001
      View Details
    • Contact for pricing
      3,079 SF

      Historic Union Train Depot Office

      Updated office space in historic Mankato train depot.
      112-142 S Riverfront Dr, Mankato, MN 56001
      View Details
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    Mankato, MN 56001-3336
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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