Excel Dr

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Excel Dr

Mankato, MN 56001
Asking Price
$1.57M
Asset Type
Land
Class
Class B

What's Special

Located on Excel Drive in Mankato, Minnesota, this land parcel is situated within a primary commercial and industrial corridor. The neighborhood is characterized by a mix of light industrial facilities, distribution centers, and professional offices. The property offers proximity to major retail hubs along the Victory Drive corridor and is located near the intersection of Highway 14 and Highway 22, providing regional transportation access for logistics and commuting. The site is suited for industrial or commercial development, aligning with the surrounding business landscape. Ideal use cases include the construction of flex-space warehouses, corporate offices, or equipment storage facilities. Potential occupants typically include regional distributors, light manufacturing firms, or service-based enterprises seeking proximity to Mankato’s established logistics infrastructure and professional labor pool.

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NOI
$80,000
Cap Rate
5.11%
DSCR
0.86
Underwater
Cash-on-Cash
-2.77%
Monthly Payment
$7,752.661
Annual Cash Flow
$-13,031.932

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