$1,624,350

0 Lot 1 Block 2 Elwin Addition No 2 Mankato, MN 56001

Estimated payment $9,849/month

Total Views 8,170
7 Acres
$239,580 Price per Acre
295,337 Sq Ft Lot

About This Lot

Prime development land in the heart of Hilltop Mankato centrally positioned between Victory Drive, Hwy 14 and Madison Avenue. Located in one of Mankato’s fastest growing commercial districts, these parcels are neighbored by several newer residential communities, retail stores and professional service businesses. Lot 1, Block 2 is zoned in the B-1, Community Business District area and is designed to provide for a broad range of retail developments which are adjacent to residential areas. The district will also accommodate office and institutional uses as well as limited light industry. This parcel is located next to several retail stores and professional service businesses including a large mall, restaurants and banking institutions. Agent is related to sellers.

Listing Agent

Mackenzie Kearney

TRUE REAL ESTATE License #40760300

TRUE REAL ESTATE

Co-Listing Agent

April Femrite

True Commercial, LLC License #40673070

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,600

Lot Details

  • 6.78 Acre Lot
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number R01.09.09.353.018

Property Details

Property Type

Land

Est. Annual Taxes

$9,600

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Sub Type: Commercial
  • L V T Date: 03/29/2023
  • Parcel Number: R01.09.09.353.018
  • Taxes With Assessments: 9600
  • Estimated Number of Acres: 6.78
  • Development: Yes
  • Development Status: Raw Land
  • Plat Recorded: Yes
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Available Utilities: City Water, City Sewer, Natural Gas, Storm Sewer, City Garbage

Lot Info

  • Estimated Lot Dimensions: 295,337 SF

Tax Info

  • Year: 2023
  • Tax Value: 9600

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,104 $1,033,700 $1,033,700 $0
2023 $9,600 $1,033,700 $1,033,700 $0
2022 $10,582 $1,033,700 $1,033,700 $0
2021 $26,596 $1,033,700 $1,033,700 $0
2020 $18,288 $1,033,700 $1,033,700 $0
2019 $18,380 $1,033,700 $1,033,700 $0
2018 $18,134 $1,033,700 $1,033,700 $0
2017 $18,564 $1,033,700 $1,033,700 $0
2016 $16,832 $1,033,700 $1,033,700 $0
2015 $90 $864,200 $864,200 $0
2014 $33,670 $864,200 $864,200 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 For Sale $1,624,350 0.0% --
03/01/2025 03/01/25 Off Market $1,624,350 -- --
02/24/2023 02/24/23 For Sale $1,624,350 -- --
Source: REALTOR® Association of Southern Minnesota

Similar Property in Mankato, MN

  • 0 Outlot A Block 1 Unit 7031909, Mankato, MN 56001

    $1,370,400

    • Land
    • 6 Acres
    • $239,580 per Acre
    • 0 Outlot A Block 1
    • Unit 7031909
    • Mankato, MN

    Prime development land in the heart of Hilltop Mankato centrally positioned between Victory Drive, Hwy 14 and Madison Avenue. Located in one of Mankato’s fastest growing commercial districts, these parcels are neighbored by several newer residential communities, retail stores and professional service businesses. Outlot A, Block 1 is zoned in the Transitional District and developer can apply for

    Mackenzie Kearney TRUE REAL ESTATE

    Section Image

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7031911

REALTOR® Association of Southern Minnesota

APN: R01-09-09-353-018