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    Property profile & analytics

    Mankato, MN 56003

    • Commercial land
    • 4.22 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2322529
    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

    • Commercial land

    Property Details

    Lot size
    4.22 lot acres
    Property type
    Commercial land
    APN
    18.002.0500
    APU
    180020500

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Nicollet
    State
    Minnesota
    Longitude
    -94.0482
    Latitude
    44.1832
    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
    2023
    $4,686
    $152,600
    $0.00
    $152,600
    -
    $152,600
    $0.00
    $152,600

    Comparable in this City

    • Value Estimation by Request
      0.39 Acres

      1118 Ctr St

      VACANT COMMERCIAL LAND • 0.39 Acres
      1118 Ctr St, North Mankato, MN 56003-2107
      View Details
    • Value Estimation by Request
      0.09 Acres

      Howard Dr

      VACANT COMMERCIAL LAND • 0.09 Acres
      Howard Dr, North Mankato, MN 56003
      View Details
    • Value Estimation by Request
      2.78 Acres

      50415 Us Hwy 169

      VACANT COMMERCIAL LAND • 2.78 Acres
      50415 Us Hwy 169, North Mankato, MN 56003-4179
      View Details
    • Value Estimation by Request
      0.53 Acres

      N

      VACANT COMMERCIAL LAND • 0.53 Acres
      N, Mankato, MN 56003
      View Details
    • Value Estimation by Request
      0.16 Acres

      Mankato, MN 56003

      VACANT COMMERCIAL LAND • 0.16 Acres
      Mankato, MN 56003
      View Details
    • Value Estimation by Request
      2.58 Acres

      Mankato, MN 56003

      VACANT COMMERCIAL LAND • 2.58 Acres
      Mankato, MN 56003
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      86 SF

      North Mankato Development Land

      86 acres ready for development near industrial park.
      North Mankato, MN 56003
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    • Contact for pricing

      86 Acres Ready For Development

      86 acres ready for industrial or highway commercial development.
      520Th St, North Mankato, MN 56003
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    • $1,400,000

      North Mankato Land for Development

      Prime 4.73-acre land parcel with versatile development potential.
      1801 Lor Ray Dr, North Mankato, MN 56003
      View Details
    • Contact for pricing

      Prime Commercial Parcel in Mankato

      Highly visible commercial land with highway access and strong traffic.
      242 Belgrade Ave, North Mankato, MN 56003
      View Details
    • $109,000
      0.36 Acres

      Residential Lot in Landing North

      Residential lot in desirable Landing North neighborhood, owner financing available.
      1977 Lexington Ln, North Mankato, MN 56003
      View Details
    • $84,500
      0.34 Acres

      Residential Lot in North Mankato

      Residential land for sale in North Mankato, Minnesota.
      1993 Lexington Ln, North Mankato, MN 56003
      View Details

    Similar Nearby for Lease

    • $8,640 /Mo

      Prime Commercial Space Available

      Premier commercial project with high visibility and customizable options.
      1109 Range St, North Mankato, MN 56003
      View Details
    • $12 SF/Yr
      1,106 SF

      Retail/Office Space in North Mankato

      Retail or office space available in North Mankato location.
      1802-1838 Commerce Dr, North Mankato, MN 56003
      View Details
    • $2,200,000
      3,550 SF

      Modern Retail/Office/Medical Space Available

      Convertible retail/office/medical space with modern design, available February 2026.
      235-237 Belgrade Ave, North Mankato, MN 56003
      View Details
    • $7 SF/Yr
      43,959 SF

      Industrial Suite in Business Park

      High-visibility warehouse with office space, ideal for manufacturing/distribution.
      2120 Howard Dr, North Mankato, MN 56003
      View Details
    • $12 SF/Yr
      6,917 SF

      Renovated Office Space in Mankato

      Recently renovated office space with private parking and signage.
      342 Belgrade Ave, North Mankato, MN 56003
      View Details
    • $6,875 /Mo

      Prime Commercial Space on Highway

      Premier commercial space with high visibility and build-to-suit options.
      340 Webster Ave, North Mankato, MN 56003
      View Details
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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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