Mankato MN Real Estate & Land for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7109809
Type:
Land
Subdivision:
Trail Creek Add
A broker reciprocity listing Courtesy: RE/MAX Dynamic Agents 507-387-5151
View additional info

ADDITIONAL INFORMATION

Exceptional 1.4-acre commercial outlot available within the established Trail Creek Office & Retail Development, a thriving 35,000-square-foot mixed-use development strategically positioned at the highly visible intersection of Highway 22 and Augusta Drive. Zoned B-3 Highway Business District, this site offers outstanding flexibility for a wide variety of retail, restaurant, medical, office, financial, and service-oriented users. It offers exceptional exposure along one of Mankato's busiest commercial corridors and is just moments from the Highway 14 and Victory Drive interchange, providing convenient access to the greater Mankato region and surrounding communities. The location is surrounded by a strong mix of established businesses, healthcare providers, and national retailers, creating consistent traffic and a built-in customer base.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267040896
Type:
Land
Lot size:
1.4 Acres
A broker reciprocity listing Courtesy: RE/MAX DYNAMIC AGENTS
View additional info

ADDITIONAL INFORMATION

Exceptional 1.4-acre commercial outlot available within the established Trail Creek Office & Retail Development, a thriving 35,000-square-foot mixed-use development strategically positioned at the highly visible intersection of Highway 22 and Augusta Drive. Zoned B-3 Highway Business District, this site offers outstanding flexibility for a wide variety of retail, restaurant, medical, office, financial, and service-oriented users. It offers exceptional exposure along one of Mankato's busiest commercial corridors and is just moments from the Highway 14 and Victory Drive interchange, providing convenient access to the greater Mankato region and surrounding communities. The location is surrounded by a strong mix of established businesses, healthcare providers, and national retailers, creating consistent traffic and a built-in customer base.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7108391
Type:
Land
A broker reciprocity listing Courtesy: Weichert Realtors, Community Group 507-345-1111
View additional info

ADDITIONAL INFORMATION

Sought after land for sale just on the outskirts of Mankato, between Mankato and Eagle Lake. Almost 44 acres are available! Unlimited possibilities with the parcel!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267040869
Type:
Land
Lot size:
43.98 Acres
A broker reciprocity listing Courtesy: WEICHERT REALTORS, COMMUNITY GROUP
View additional info

ADDITIONAL INFORMATION

Sought after land for sale just on the outskirts of Mankato, between Mankato and Eagle Lake. Almost 44 acres are available! Unlimited possibilities with the parcel!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267040711
Type:
Land
Lot size:
2.06 Acres
A broker reciprocity listing Courtesy: True Commercial, LLC
View additional info

ADDITIONAL INFORMATION

Prime development land for sale in the heart of Hilltop Mankato, Minnesota centrally positioned between Victory Drive, Hwy 14 and Madison Avenue. 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. Utilities can connect to public water and sewer along Patriot Drive and Dublin Road. Any remaining assessments at time of sale will be paid by Seller. Co-listing agent related to Seller.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267040710
Type:
Land
Lot size:
2.11 Acres
A broker reciprocity listing Courtesy: True Commercial, LLC
View additional info

ADDITIONAL INFORMATION

Prime development land for sale in the heart of Hilltop Mankato, Minnesota centrally positioned between Victory Drive, Hwy 14 and Madison Avenue. 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. Utilities can connect to public water and sewer along Patriot Drive and Dublin Road. Any remaining assessments at time of sale will be paid by Seller. Co-listing agent related to Seller.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267040714
Type:
Land
Lot size:
0.61 Acres
A broker reciprocity listing Courtesy: True Commercial, LLC
View additional info

ADDITIONAL INFORMATION

Prime development land for sale in the heart of Hilltop Mankato, Minnesota centrally positioned between Victory Drive, Hwy 14 and Madison Avenue. Zoned in the Office and Residential District which is designed to provide for medium- high density mixed development. Potential uses include multi-family development, church/place of worship, child-care center, nursing home, dental/medical clinic or other professional office, community, recreational or educational use. Utilities can connect to public water and sewer along Patriot Drive and Dublin Road. Any remaining assessments at time of sale will be paid by Seller. Outlot A can only be developed with purchase of Lot 2 and/or 3. Co-listing agent related to Seller.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267040713
Type:
Land
Lot size:
2.8 Acres
A broker reciprocity listing Courtesy: True Commercial, LLC
View additional info

ADDITIONAL INFORMATION

Prime development land for sale in the heart of Hilltop Mankato, Minnesota centrally positioned between Victory Drive, Hwy 14 and Madison Avenue. Zoned in the Office and Residential District which is designed to provide for medium- high density mixed development. Potential uses include multi-family development, church/place of worship, child-care center, nursing home, dental/medical clinic or other professional office, community, recreational or educational use. Utilities can connect to public water and sewer along Patriot Drive and Dublin Road. Any remaining assessments at time of sale will be paid by Seller. Co-listing agent related to Seller.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
267040712
Type:
Land
Lot size:
0.74 Acres
A broker reciprocity listing Courtesy: True Commercial, LLC
View additional info

ADDITIONAL INFORMATION

Prime development land for sale in the heart of Hilltop Mankato, Minnesota centrally positioned between Victory Drive, Hwy 14 and Madison Avenue. Zoned in the Office and Residential District which is designed to provide for medium- high density mixed development. Potential uses include multi-family development, church/place of worship, child-care center, nursing home, dental/medical clinic or other professional office, community, recreational or educational use. Utilities can connect to public water and sewer along Patriot Drive and Dublin Road. Any remaining assessments at time of sale will be paid by Seller. Co-listing agent related to Seller.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7082578
Type:
Land
Subdivision:
Wenners Second Subdivsion
Lot size:
1.73 Acres
A broker reciprocity listing Courtesy: Edina Realty, Inc. 952-892-7000
View additional info

ADDITIONAL INFORMATION

Position your business in one of Mankato's most established and highest trafficked commercial corridors! Located just east of Hwy 22, surrounded by national brands and thriving local businesses. Holiday Inn Express is right next to property. More land available.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7040293
Type:
Land
Lot size:
1.1 Acres
A broker reciprocity listing Courtesy: Stacey Williams Realty
View additional info

ADDITIONAL INFORMATION

1.10 acre lot in Eastwood Industrial Centre No. 6 plat. Zoned PI- Planned Industrial District which provides for certain light industrial development. Utilities available at the street. Options available for development projects including build to suit, lease or sale. Yearly association fee maintains entry areas to the centre. Great opportunity to build your business in an easily accessible location close to Highways 14 and 22. Close proximity to everything Mankato Hilltop has to offer including shopping, dining, industrial, commercial, retail, healthcare, accommodations, education, banking, entertainment. Mankato Regional Airport within 4 miles of this location. Possible uses include storage facility, manufacturing, daycare, dry cleaning/laundry, professional service offices, or auto service station- just to name a few. Many other uses available. Lot 3 located to the east of this parcel could potentially be available for sale and could add an additional 1 acre of land to this building opportunity (not currently listed). 2 separate purchase agreements necessary.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7040277
Type:
Land
Lot size:
0.65 Acres
A broker reciprocity listing Courtesy: RE/MAX Results
View additional info

ADDITIONAL INFORMATION

Prime Residential Lot Across from Minneopa Golf Course! Build your dream home or investment property on this .65 acre lot. The property includes access to a shared well already in place with the neighboring lot, adding convenience and ease. Enjoy the perfect blend of country living with in-town convenience, situated on the edge of Mankato. Zoned in the Rural Townsite District, the lot also offers potential for a broad range of commercial uses, providing excellent versatility. Whether you're planning a home, duplex, or small business, this lot is ready for your vision in a fantastic location!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7060192
Type:
Land
Subdivision:
Cic 73 2nd Sup Victory Drive Bus Park
Lot size:
0.33 Acres
A broker reciprocity listing Courtesy: Landmark Realtors, LLC 507-345-1599
View additional info

ADDITIONAL INFORMATION

Great opportunity to own a unit or building in the Victory Drive Business Park Association! Price shown is for one 1,560 SF unit, to be built by Skorr Construction, or the builder of your choice.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7040043
Type:
Land
Lot size:
0.33 Acres
A broker reciprocity listing Courtesy: LANDMARK REAL ESTATE
View additional info

ADDITIONAL INFORMATION

Great opportunity to own a unit or building in the Victory Drive Business Park Association! Price shown is for one 1,560 SF unit, to be built by Skorr Construction, or the builder of your choice.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7039763
Type:
Land
A broker reciprocity listing Courtesy: Re/Max Advantage Plus Mankato
View additional info

ADDITIONAL INFORMATION

Shovel ready building pad for up to 80 units in Building 5 with 24,268 SF and 120 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7039762
Type:
Land
A broker reciprocity listing Courtesy: Re/Max Advantage Plus Mankato
View additional info

ADDITIONAL INFORMATION

Shovel ready building pad for up to 54 units in Building 9 with 12,152 SF and 81 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7039761
Type:
Land
A broker reciprocity listing Courtesy: Re/Max Advantage Plus Mankato
View additional info

ADDITIONAL INFORMATION

Shovel ready building pad for up to 54 units in Building 8 with 12,152 SF and 81 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7039760
Type:
Land
A broker reciprocity listing Courtesy: Re/Max Advantage Plus Mankato
View additional info

ADDITIONAL INFORMATION

Shovel ready building pad for up to 54 units in Building 4 with 12,152 SF and 81 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7039759
Type:
Land
A broker reciprocity listing Courtesy: Re/Max Advantage Plus Mankato
View additional info

ADDITIONAL INFORMATION

Shovel ready building pad for up to 54 units in Building 3 with 12,152 SF and 81 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7039766
Type:
Land
A broker reciprocity listing Courtesy: Re/Max Advantage Plus Mankato
View additional info

ADDITIONAL INFORMATION

Shovel ready building pad for up to 72 units in Building 10 with 26,067 SF and 108 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7039765
Type:
Land
A broker reciprocity listing Courtesy: Re/Max Advantage Plus Mankato
View additional info

ADDITIONAL INFORMATION

Shovel ready building pad for up to 72 units in Building 7 with 26,067 SF and 108 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7039758
Type:
Land
A broker reciprocity listing Courtesy: Re/Max Advantage Plus Mankato
View additional info

ADDITIONAL INFORMATION

Shovel ready building pad for up to 48 units in Building 2 with 10,788 SF and 72 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7039757
Type:
Land
A broker reciprocity listing Courtesy: Re/Max Advantage Plus Mankato
View additional info

ADDITIONAL INFORMATION

Shovel ready building pad for up to 42 units in Building 1 with 9424 SF and 63 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7039764
Type:
Land
A broker reciprocity listing Courtesy: Re/Max Advantage Plus Mankato
View additional info

ADDITIONAL INFORMATION

Shovel ready building pad for up to 80 units in Building 6 with 24,268 SF and 120 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
7042445
Type:
Land
A broker reciprocity listing Courtesy: RE/MAX Advantage Plus 507-514-6105
View additional info

ADDITIONAL INFORMATION

Shovel ready building pad for up to 72 units in Building 7 with 26,067 SF and 108 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved


Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

The data on this web site comes in part from the REALTOR® Association of Southern Minnesota. The listings presented on behalf of the REALTOR® Association of Southern Minnesota may come from many different brokers but are not necessarily all listings of the REALTOR® Association of Southern Minnesota are visible on this site. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Information is believed to be reliable, but not guaranteed. Copyright ©2026 REALTOR® Association of Southern Minnesota. All rights reserved.




Mankato Real Estate

Mankato is located in Minnesota. Mankato, Minnesota has a population of 43,938. Mankato is less family-centric than the surrounding county with 28.54% of the households containing married families with children. The county average for households married with children is 30.05%.

The median household income in Mankato, Minnesota is $56,274. The median household income for the surrounding county is $65,000 compared to the national median of $69,021. The median age of people living in Mankato is 26.8 years.

Mankato Weather

The average high temperature in July is 83.5 degrees, with an average low temperature in January of 5.1 degrees. The average rainfall is approximately 31.7 inches per year, with 42.6 inches of snow per year.

Mankato Map

Mankato Real Estate Market Conditions

  • Median sales price

    $305,000
    11.6%
    change since last quarter
  • # Active listings

    494
    30-day change

Mankato Schools and Demographics

Education near Mankato, MN

City County
High School Graduates 93.7 94.8
College Degree - 2 year 13.18 13.68
College Degree - 4 year 38.87 35.55
Graduate Degree 9.65 8.38
Expenditures per Student 14,198 14,198
Students per Teacher 15.5 15.5

Elementary Schools near Mankato, MN

Grades Students P/T Ratio ZIP
Bridges Community Elementary School KG - 05 147 15.4 56001
Eagle Lake Elementary School KG - 05 360 15.5 56024
Franklin Elementary School KG - 06 694 14.3 56001
Hoover Elementary School KG - 05 543 17.9 56003
Jefferson Elementary School KG - 05 261 14.9 56001
Kennedy Elementary School KG - 05 392 13.4 56001
Maple River West Elementary School PK - 05 242 15 56037
Monroe Elementary School KG - 05 481 17.1 56003
Roosevelt Elementary School KG - 05 356 15.9 56001
Rosa Parks Elementary School KG - 05 466 14.8 56001
St. Clair Elementary PK - 06 384 16 56080
Washington Elementary School KG - 05 394 14.2 56001

Middle Schools near Mankato, MN

Grades Students P/T Ratio ZIP
Dakota Meadows Junior High School 07 - 08 548 15.5 56001
Garfield Elementary School 06 - 06 289 19.4 56003
Mankato East Junior School 07 - 08 556 16.4 56001

High Schools near Mankato, MN

Grades Students P/T Ratio ZIP
Mankato East Senior High School 09 - 12 981 17.2 56001
Mankato West Senior High School 09 - 12 1,148 17.8 56001
St. Clair Secondary 07 - 12 289 17.5 56080

Ungraded Schools near Mankato, MN

Grades Students P/T Ratio ZIP
* Central Freedom School 07 - 12 5 5 56001
* Central High Area Learning Center 09 - 12 57 6.8 56001
* Life Lines Adult Connection 11 - 12 0 1.1 56001
* Mankato Area Night School 09 - 12 30 56001
* Mankato Area Summer School 09 - 12 0 56001
Futures Program KG - 12 20 3.2 56001
KATO Public Charter School 06 - 12 83 10.8 56001
Socrates Online 01 - 12 0 56003
Special Education PK - 12 250 16.7 56001

Demographics near Mankato, MN

City County
Neighborhood Type Suburban
Population 43,938 68,575
Population Density 2,303 92
Median Age 26.8 31.4
People per Household 2.4 2.4
Median Household Income 56,274 65,000
Average Income per Capita 28,850 32,121

Real estate near Mankato