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Tbd Adams St - Adams Street Land

16.93 Acres of Commercial Land in Mankato, MN 56001

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Investment Highlights

Mankato's Newest Development
Three points of ingress/egress
Utilities at Adams Street

Potential to subdivide
Easy Access to HWY 14

Executive Summary

Prime ground available in the East end of Mankato's newest development area. This area is experiencing great growth with the recent completion of the former Mankato Travel Center, now the national recognized Travel Centers of America and recent completion of Truck Center Companies, Kato Mayflower Storage and others. The parcel offers 16.93 acres with three points of access (Adams Street, CNTY RD 12 & CNTY RD 17/Madison Avenue) with utilities along the north side. The parcel is located with easy access to four lane Highway 14 and the nearby round-about connecting heavily traveled Adams Street @ CNTY RD 12.Potential to parcel into thirds.

Offering Memorandum

Financial Summary (Actual - 2022) Click Here to Access	Annual	Annual Per AC
Taxes	$99,999	$9.99
Operating Expenses	-	-
Total Expenses	$99,999	$9.99

Financial Summary (Actual - 2022) Click Here to Access

Taxes
Annual	$99,999
Annual Per AC	$9.99

Operating Expenses
Annual	-
Annual Per AC	-

Total Expenses
Annual	$99,999
Annual Per AC	$9.99

Property Facts

Sale Type	Investment	Property Subtype	Commercial
No. Lots	1	Proposed Use	Commercial Industrial Auto Dealership Distribution Hold For Development Retail Warehouse Truck Terminal Warehouse
Property Type	Land	Total Lot Size	16.93 AC

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Auto Dealership Distribution Hold For Development Retail Warehouse Truck Terminal Warehouse
Total Lot Size	16.93 AC

1 Lot Available

Lot

Lot Size	16.93 AC

Lot Size	16.93 AC

Description

Prime ground available in the East end of Mankato's newest development area. This area is experiencing great growth with the recent completion of the Mankato Travel Center and soon to join with the completion of Truck Center Companies, Kato Mayflower Storage and others. The parcel offers 16.93 acres with three points of access (Adams Street, CNTY RD 12 & CNTY RD 17/Madison Avenue) with utilities along the north side. The parcel is located with easy access to four lane Highway 14 and the nearby round-about connecting heavily traveled Adams Street @ CNTY RD 12.Potential to parcel into thirds.

1 of 1

PROPERTY TAXES

Parcel Number	R43.09.10.400.009	Total Assessment	$1,898,200 (2023)
Land Assessment	$1,898,200 (2023)	Annual Taxes	($1)
Improvements Assessment	$0 (2023)	Tax Year	2022