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    Property profile & analytics

    Mankato, MN 56003

    • Commercial real estate
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-2612423
    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 real estate

    Property Details

    Lot size
    0.24 lot acres
    Property type
    Commercial real estate
    APN
    18.708.0052
    APU
    187080052

    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
    -94.0165
    Latitude
    44.1802
    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
    $1,192
    $36,600
    $2,500
    $39,100
    -
    $36,600
    $2,500
    $39,100

    Comparable in this City

    • Value Estimation by Request
      3,344 SF

      521 Riverfront Dr

      Retail properties • 3,344 SF
      521 Riverfront Dr, Mankato, MN 56003
      View Details
    • Value Estimation by Request
      0.01 Acres

      1700 Pleasant Vw Dr

      COMMERCIAL (GENERAL) • 0.01 Acres
      1700 Pleasant Vw Dr, North Mankato, MN 56003-1615
      View Details
    • Value Estimation by Request
      0.00 Acres

      N

      COMMERCIAL (GENERAL) • 0.00 Acres
      N, Mankato, MN 56003
      View Details
    • Value Estimation by Request
      0.24 Acres

      Mankato, MN 56003

      COMMERCIAL (GENERAL) • 0.24 Acres
      Mankato, MN 56003
      View Details
    • Value Estimation by Request
      864 SF

      410 Webster Ave

      COMMERCIAL (GENERAL) • 864 SF
      410 Webster Ave, Mankato, MN 56003
      View Details
    • Value Estimation by Request
      3,456 SF

      1350 Lk St

      COMMERCIAL (GENERAL) • 3,456 SF
      1350 Lk St, North Mankato, MN 56003-2035
      View Details

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      Residential lot available in North Mankato, Minnesota subdivision.
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      Residential lot in a desirable North Mankato subdivision.
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    Similar Nearby for Lease

    • $8,640 /Mo

      Prime Commercial Space on Highway

      Premier commercial space with high visibility and highway access.
      1109 Range St, North Mankato, MN 56003
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    • $6,295 /Mo

      Prime Commercial Space on Highway

      Premier commercial space with high visibility and customizable build-out options.
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    • Contact for pricing
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      Modern Mankato Office Space, Flexible Sizes
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      Premier commercial project with high visibility and customizable space.
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    • $12 SF/Yr
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      Retail/Office Space in North Mankato

      Retail or office space available in North Mankato location.
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      View Details
    • $6,875 /Mo

      Prime Commercial Space on Highway

      Premier commercial space with high visibility and highway access.
      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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