REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 700,000
Est. payment | /mo
4.85 Acres Lot
$ 700,000
Est. payment | /mo
4.85 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Agriculture
Listing Status Active
Purchase Type For Sale
Subdivision Mn
MLS Listing ID 267041475
Annual Tax Amount $3,938
Lot Size 4.850 Acres
Acres 4.85
Lot Dimensions 4.85
Property Sub-Type Agriculture
Property Description
Exceptional 4.85-acre shovel-ready development opportunity located in the Upper North Mankato area. Zoned R-4 Multiple Dwelling District, the site offers the potential to accommodate a development of approximately 152 units, subject to final plans and municipal approvals. Strategically positioned near South Central College, Hoover Elementary, and Dakota Middle Schools, as well as residential neighborhoods. The property offers excellent accessibility within one of North Mankato's established growth areas. This site is a unique opportunity for a senior or market rate housing operator or developer seeking a well-located site. Tax Increment Financing (TIF) may also be available, subject to qualification and approval by the appropriate governmental authorities.
Location
State MN
County Nicollet County
Area N Mankato Upper
Exterior
Utilities Available City Water, City Sewer
Topography Level
Improvements Curbs/Gutters,Sidewalk
Building
Lot Description Paved Streets
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by RE/MAX DYNAMIC AGENTS
Nearby Locations
GET MORE INFORMATION
Angie VanEman Lynch
Broker Associate License ID: 40352569
1650 Madison Ave., Ste. 101, Mankato, Minnesota 56001, USA