Financial
Distress signals
Property profile

921 Madison Ave Mankato, MN 56001

OFF-MARKET
Strip malls
Property ID
US46-1947386
8,400 SF 0.7 ac lot Built 2013
Last sale Nov 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 8,322 square foot commercial building, constructed in 2015, is strategically located on one of Mankato's busiest streets, boasting 30,000 vehicles per day at the Madison Avenue & Dane Street intersection. Its prime location offers unparalleled visibility, situated adjacent to Community Bank and just a block from Mayo Clinic Health Systems Hospital and Mankato Clinic. The property comprises two distinct units. Unit #1, a 2,859 square foot space, is currently leased to Aerotek

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?
$36k
Tax billed · 2024
Assessed value$1.40M
Assessed land$276k
Assessed improvement$1.12M
Effective rate2.59%

Value estimate

· Sep 2026
$460k
$414k – $506k
AI approach$340k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.4
Carpet & Flooring Store9.1
Locksmith9.1

Location

921 Madison Ave Mankato, MN 56001-6141
County assessor Recorded deeds · 2 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
1920 Adams, Mankato, MN 56001-6802 $2,925,000 Nov 2022 7,488 SF
1231 Madison, Mankato, MN 56001 $750,000 Nov 2020 7,199 SF
287 Saint Andrews, Mankato, MN 56001-8584 $1,020,000 Feb 2020 6,800 SF
500 Riverfront, Mankato, MN 56001-3701 $1,325,000 Jan 2020 9,040 SF
1601 Monks, Mankato, MN 56001 $2,351,379 Sep 2019 14,407 SF
1859 Madison, Mankato, MN 56001-6200 $1,495,000 Jan 2019 4,350 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
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