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Property profile & analytics
FOR SALE
Commercial land

821 N Riverfront Dr Mankato, MN 56001

Property ID
US46-1886306
821 N Riverfront Dr, Mankato, MN 56001 For Sale
$650,000
821 N Riverfront Dr, Mankato, MN 56001
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Property summary
AI-generated overview

This is one of the most visible lot s in town. It is on the small side but there is potential to add another 10,000 sf. Last time this property came up for sale was 1995. if you are looking for the premier location and can build on .5 ac this is your chance. Premier Location the corn of Madison Ave and Riverfront 28,000 VPD Direct access with alley access Re-development Billboard income

Property profile
Verified
Property type Commercial land
UPID US46-1886306
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gerring's Auto Detailing Car Wash
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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