Your email has been sent.
2015 Bassett Dr - 1.5+/- AC Development Land 1.55 Acres of Commercial Land Offered at $554,610 CAD in Mankato, MN 56001
Investment Highlights
- Strong demographic support with affluent nearby households, high average household income, and growing population density in the 1-mile trade area.
- Surrounded by high-performing co-tenancy including Kohl’s, TJ Maxx, Boot Barn, PetSmart, Wells Fargo, and Blue Earth County DMV.
- Strategic regional connectivity with immediate access to Highway 22 and Madison Avenue, enabling strong consumer draw from surrounding trade area.
- Development-ready land with no additional assessments, enabling streamlined timelines and favorable upfront project economics for investors.
- Corner frontage totaling approximately 490 linear feet, delivering strong sightlines and branding potential for retail, medical, financial.
Executive Summary
Property Facts
| Price | $554,610 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Building Class | C |
| Property Type | Land | Total Lot Size | 1.55 AC |
| Zoning | B-3 | ||
| Price | $554,610 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Building Class | C |
| Total Lot Size | 1.55 AC |
| Zoning | B-3 |
1 Lot Available
Lot
| Price | $554,610 CAD | Lot Size | 1.55 AC |
| Price Per AC | $357,812.90 CAD |
| Price | $554,610 CAD |
| Price Per AC | $357,812.90 CAD |
| Lot Size | 1.55 AC |
anchored in one of Mankato’s highest-volume retail and service corridors with excellent visibility and frontage exposure.
Description
Rare commercial development opportunity on Basset Drive, anchored in one of Mankato’s highest-volume retail and service corridors with excellent visibility and frontage exposure. The site benefits from strong regional access via Highway 22 and Madison Avenue, linking key trade generators and residential catchments. Neighbors include Wells Fargo Bank, robust retail centers, professional services, and community-oriented uses such as educational facilities — underscoring daily activity drivers and built-in traffic. Neighboring governmental and service tenants include the Blue Earth County DMV/MN DMV office, enhancing daytime foot and vehicular exposure. Ample site frontage and clear lines of sight to passing traffic make this parcel ideal for retail, medical office, financial services, mixed-use, or grocery-anchored development. Positioned to capture sustained consumer demand and investor interest in Southern Minnesota’s rapidly growing Mankato market. Contact broker for current traffic counts and frontage specifics to support underwriting and proforma scenarios.
Property Taxes
| Parcel Number | R01.09.15.151.010 | Improvements Assessment | $12,649 CAD |
| Land Assessment | $497,759 CAD | Total Assessment | $510,408 CAD |
Property Taxes
Presented by
2015 Bassett Dr - 1.5+/- AC Development Land
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.