1123 Range Street

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1123 Range Street

North Mankato, MN 56003
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Development parcel measuring 0.82 acres of commercial land.
  • Located at 1123 Range Street in North Mankato, MN.
  • Property sits at coordinates 44.1830 and -94.0103.
  • Commercial land asset positioned within a growing regional market.
  • Suitable for various ground-up commercial or professional developments.

What's Special

This commercial land spans 0.82 acres at 1123 Range Street in North Mankato, Minnesota. Situated in a region known for its steady regional economy and connectivity to broader highway networks, the site serves as a versatile parcel for various development projects. Investors and developers can consider this location for projects that benefit from a well-established suburban landscape. The property offers substantial flexibility for business owners or commercial investors looking to establish a footprint in the North Mankato market. Its size and accessibility make it suitable for a range of potential ground-up commercial applications or specialized professional facilities. Given the ongoing growth throughout the region, this plot represents a stable addition to a commercial portfolio or an entry point for localized service-oriented development.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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