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Highway 22 & County Rd 3 - Hwy 22 Development Site 37.21 Acres of Commercial Land Offered at $9,723,868 in Mankato, MN 56001
Investment Highlights
- Demisable Lots (less than 5 Acres)
- Surrounding R 1-3 Neighborhood
- Shovel Ready Sites with Established Assessments
- Neighboring National Brands
Executive Summary
Property Facts
| Price | $9,723,868 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 37.21 AC |
| Property Type | Land | Cross Streets | County Road 3 |
| Zoning | Commercial | ||
| Price | $9,723,868 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 37.21 AC |
| Cross Streets | County Road 3 |
| Zoning | Commercial |
1 Lot Available
Lot
| Price | $9,723,868 | Lot Size | 37.21 AC |
| Price Per AC | $261,324.05 |
| Price | $9,723,868 |
| Price Per AC | $261,324.05 |
| Lot Size | 37.21 AC |
Description
Zoned for flexible use, the parcels are ideally suited for commercial development, professional office, or service-oriented retail—positioning them as a plug-and-play solution for investors, developers, or owner-occupiers seeking to capture long-term value in a market defined by stable growth and institutional investment appeal. Current lots can be divided or combined for specific use and access. All parcels are now B-3 zoning compliant for multifamily development. With established infrastructure, access to utilities, and adjacency to national brands and regional anchors, these lots offer a shovel-ready pathway to portfolio growth in an area aligned with Mankato’s strategic expansion and municipal support for business-friendly development.
Property Taxes
| Parcel Number | R01-09-03-300-015 | Improvements Assessment | $0 |
| Land Assessment | $537,800 | Total Assessment | $537,800 |
Property Taxes
Presented by
Highway 22 & County Rd 3 - Hwy 22 Development Site
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