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TBD2 Adams St, Mankato, MN, 56001

$1,687,598

Land

Location

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Property Highlights

Home TypeOther
MLS #6404999
StatusActive

About TBD2 Adams St

16.21 Acres located along a vibrant and busy 4 lane highway and newly extended Adams Street, offering excellent visibility and accessibility for commercial or light industrial use. Its strategic position ensures constant flow of traffic and indicates the region is well-connected and supported by a network of major routes. With new businesses moving in, there is a surge of economic activity and a diverse range of services. Local authorities and municipalities are supporting the growth and development by investing in infrastructure improvements. Given its zoning, the land is ideal for a wide range of business types. Potential developments include manufacturing facilities, warehouses, showrooms, or service centers. As the area continues to develop, it presents a promising investment opportunity for those looking to secure a long-term stake in a commercial or light industrial hub.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Dynamic Agents

Lot Features

Lot Information:

  • Lot: Underground Utilities

Other

Directions Information:

  • Directions: Highway 14 East, South on Hwy 22 East on Adams

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,687,598
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Housing Market Comparison

See how this home compares to others in Mankato, MN.

Med. Sold Price

$305K

Med. Price/SqFt

$154

Avg. Days On Market

51

# of Sold Homes

20

TBD2 Adams St vs Mankato

486 DAYS ON ROCKET

+435 Days

$1,687,598

+$1.3M More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price in Mankato, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6404999

Listing Office:

  • Office Name: RE/MAX Dynamic Agents

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$8,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,126

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-775206
8
/10
  • Kennedy Elementary School

  • 2600 E Main St

  • 0.56 miles

  • Public District Grades PK-5

school-card-donut-775207
6
/10
  • Washington Elementary School

  • 1100 Anderson Dr

  • 1.12 miles

  • Public District Grades PK-5

school-card-donut-775208
8
/10
  • Franklin Elementary School

  • 1000 N Broad St

  • 1.66 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,263. The most common annual income of people living in Mankato, MN is less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About TBD2 Adams St

What is the listing price of this property?

The listing price of TBD2 Adams St property is $1,687,598.

What type of property is this?

The property TBD2 Adams St is land located in Mankato, Minnesota, 56001.

Is this property for sale now?

Active Listing: TBD2 Adams St is For Sale (Active/New) which means the seller is accepting offers.
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Rocket HomesMinnesotaBlue Earth CountyMankato56001TBD2 Adams St

This home is located at TBD2 Adams St in Mankato, MN and zip code 56001. It has been listed on Rocket Homes since July 20, 2023 and is currently priced at $1,687,598.

In October 2024 more than 4 listings in Mankato, MN were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 9 were sold below. The number of listings in Mankato, MN increased by 23.5% between September 2024 and October 2024. The median list price of listings available in October 2024 was $305,000, while the average time on the real estate market was 51 days.

From Rocket Homes Real Estate and based on county public records data.

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