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Highway 22 & County Rd 3 - Hwy 22 Development Site 22 Acres of Commercial Land Offered at $9,723,868 in Mankato, MN 56001



EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $9,723,868 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 22.00 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 | 22.00 AC |
| Cross Streets | County Road 3 |
| Zoning | Commercial |
1 LOT AVAILABLE
Lot
| Price | $9,723,868 | Lot Size | 22.00 AC |
| Price Per AC | $441,994.00 |
| Price | $9,723,868 |
| Price Per AC | $441,994.00 |
| Lot Size | 22.00 AC |
DESCRIPTION
Located just off North Victory Drive and US-22 in dynamic east Mankato, these prime development lots offered by Under Par LLC present a high-visibility, high-access opportunity in one of Southern Minnesota’s fastest-growing commercial corridors. Surrounded by a strong mix of retail, professional services, and light industrial users, the lots benefit from immediate proximity to major traffic arteries, including U.S. Highway 22 and Madison Avenue, ensuring consistent vehicular exposure and streamlined connectivity to the broader Mankato-North Mankato MSA. Buyers can subdivide lots or take the entire ~37 acre parcel. Purchasers will pay their pro-rata share of assessments, including the future Firestone Drive access. Now zoned B-3, multi-family developers should consider for development as the east side industrial and services park continues to expand.
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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