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Augusta Drive - Hwy 22 and Augusta Drive 2.16 - 4.21 Acre Commercial Land Lots Offered at $500,000 - $799,000 Per Lot in Mankato, MN 56001

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Investment Highlights

14,000+ VPD on MN Hwy 22
Six Parcels Available

Rapidly Expanding Commercial Area
Growing Residential Area

Executive Summary

Prime Development Opportunity – 6 Commercial Lots Available Individually!
This exceptional 16.55+ acre property features six lots available for purchase, offering a rare opportunity to develop in a rapidly expanding commercial and residential area on Mankato’s hilltop. Zoned 3-B, these lots allow for a variety of commercial uses, including RV, automobile, and boat sales, banks, hotels, convenience stores, medical facilities, and retail businesses.
With high visibility and significant regional traffic from Highway 22, and just north of US Highway 14, this location is ideal for businesses looking to capitalize on a prime, high-traffic corridor. Lot sizes range from 2.16 acres to 4.21 acres, providing flexible options to suit your development needs. This property can also be purchased as whole, totaling 16+ usable acres (future roadway excluded). Lots available individually or purchase the entire site at $4.35/SF.

Hwy 22 and Augusta Drive Brochure (1)

Property Facts

Price	$500,000 - $3,569,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial
No. Lots	6	Total Lot Size	16.56 AC
Property Type	Land
Zoning	3B - 3B zoning allows a broad range of commercial business and light industrial activities.

Price	$500,000 - $3,569,000
Sale Type	Investment
No. Lots	6
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial
Total Lot Size	16.56 AC
Zoning	3B - 3B zoning allows a broad range of commercial business and light industrial activities.

6 Lots Available

Lot 1

Price	$550,000	Lot Size	2.17 AC
Price Per AC	$253,456.22

Price	$550,000
Price Per AC	$253,456.22
Lot Size	2.17 AC

Block 1 - Lot 1

Lot 2

Price	$500,000	Lot Size	2.17 AC
Price Per AC	$230,414.75

Price	$500,000
Price Per AC	$230,414.75
Lot Size	2.17 AC

Block 1 - Lot 2

Lot 3

Price	$500,000	Lot Size	2.18 AC
Price Per AC	$229,357.80

Price	$500,000
Price Per AC	$229,357.80
Lot Size	2.18 AC

Block 1 - Lot 3

Lot 4

Price	$500,000	Lot Size	2.16 AC
Price Per AC	$231,481.48

Price	$500,000
Price Per AC	$231,481.48
Lot Size	2.16 AC

Block 1 - Lot 4

Lot 5

Price	$720,000	Lot Size	3.67 AC
Price Per AC	$196,185.29

Price	$720,000
Price Per AC	$196,185.29
Lot Size	3.67 AC

Block 2 - Lot 1

Lot 6

Price	$799,000	Lot Size	4.21 AC
Price Per AC	$189,786.22

Price	$799,000
Price Per AC	$189,786.22
Lot Size	4.21 AC

Block 1 - Lot 2

Description

Situated at the southeast corner of Highway 22 and Augusta Drive, this prime piece of land offers excellent visibility and accessibility. Conveniently located near Mankato Clinic Wickersham, major retailers, gas stations, restaurants, and established residential neighborhoods, it presents an ideal opportunity for development.

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