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US Highway 14 & Victory Drive - Interchange Developers 0.75 - 8.7 Acre Commercial Land Lots Offered at $360,724 - $3,676,610 CAD Per Lot in Mankato, MN 56001

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INVESTMENT HIGHLIGHTS

  • Great Visibility from Hwy 14
  • Growing Commercial Area in Hilltop Mankato
  • High Traffic Counts

EXECUTIVE SUMMARY

This site is located in a rapidly growing commercial development area on Mankato’s hilltop and surrounded by many national and local retailers. With excellent visibility from all directions and high regional traffic from Hwy 14 and North Victory Drive, this land is a prime location for a wide variety of development ventures. Option to purchase smaller parcels is available.

PROPERTY FACTS

Price $360,724 - $10,179,403 CAD
Sale Type Investment
Sale Condition Build to Suit
No. Lots 9
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Auto Dealership
  • Auto Repair
  • Bank
  • Tienda de conveniencia
  • Drugstore
  • Fast Food
  • Hotel
  • Motel
  • Office Park
  • Restaurant
  • Service Station
  • Storefront
  • Storefront, Retail or Office
Total Lot Size 20.04 AC
Zoning 3A - Highway Commercial

9 LOTS AVAILABLE

Lot 1

Price $1,022,562 CAD
Price Per AC $725,221.55 CAD
Lot Size 1.41 AC

Hard corner lot on Victory Drive and Hazeltine Road in Mankato, MN. Block 2 - Lot 1 $12.00 SF

Lot 2

Price $1,215,362 CAD
Price Per AC $694,492.82 CAD
Lot Size 1.75 AC

Block 2 - Lot 2 $11.50 SF

Lot 4

Price $728,385 CAD
Price Per AC $543,570.91 CAD
Lot Size 1.34 AC

Block 2 - Lot 4 $9.00 SF

Lot 5

Price $539,699 CAD
Price Per AC $545,150.11 CAD
Lot Size 0.99 AC

Block 2 - Lot 5 $9.00 SF

Lot Outlot C

Price $1,109,920 CAD
Price Per AC $544,078.44 CAD
Lot Size 2.04 AC

Block 2 - Outlot C $9.00 SF

Lot Outlot D

Price $3,676,610 CAD
Price Per AC $422,598.86 CAD
Lot Size 8.70 AC

Block 2 - Outlot D $7.00 SF

Lot 8

Price $360,724 CAD
Price Per AC $480,965.34 CAD
Lot Size 0.75 AC

Block 3 - Lot 1 $8.00 SF

Lot 9

Price $443,968 CAD
Price Per AC $541,424.40 CAD
Lot Size 0.82 AC

Block 3 - Lot 2 $9.00 SF

Lot 10

Price $1,082,172 CAD
Price Per AC $483,112.51 CAD
Lot Size 2.24 AC

Block 3 - Outlot B $8.00 SF

DESCRIPTION

This prime highway commercial land offers an exceptional development opportunity with 9 lots available along Highway 14 and North Victory Drive in Mankato, MN. Situated in a rapidly growing commercial district on Mankato’s hilltop, the site is surrounded by a strong mix of national and local retailers, creating a vibrant environment for business success. With excellent visibility from multiple directions and exposure to high regional traffic from both Highway 14 and Victory Drive, this land is ideally positioned for retail, service, hospitality, or mixed-use ventures. Phase I environmental assessments are complete, and roadways and access are already in place, ensuring a streamlined path for development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R01.09.09.102.004
  • R01.09.09.102.005
Land Assessment
$1,031,790 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,031,790 CAD
  • Listing ID: 29634106

  • Date on Market: 2023-09-27

  • Last Updated:

  • Address: US Highway 14 & Victory Drive, Mankato, MN 56001

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