East Land Development Opportunity

586th Ave / Carver Rd / County Rd 12 Mankato, MN 56001

586th Ave / Carver Rd / County Rd 12, Mankato, MN, 56001
586th Ave / Carver Rd / County Rd 12, Mankato, MN, 56001 586th Ave / Carver Rd / County Rd 12, Mankato, MN, 56001 586th Ave / Carver Rd / County Rd 12, Mankato, MN, 56001
FOR SALE
Property Type:
Other Land
Amount:
$9,531,799
Last Verified:
Dec 03, 2025

Daily Email Blast
0 times


Highlights

  • Ideal Location for Churches, Multi-family Development, Senior Housing, Retail or Office
  • Prime Development Opportunity
  • Can Subdivide for Smaller Uses

Description

PRICE IMPROVEMENT! These 5 lots are family owned and will subdivide parcels as needed for smaller users. This is prime land in Mankato's growing east infill district along County Road 12—the retail bypass of the hilltop retail district. The parcels neighbor light industrial and highway retail developments as well as a new housing project. Nearby businesses include the Blue Earth County Justice Center and MNDOT as well as a Holiday Inn Express, junior-box retail strip and new construction multi-family (450+ units).

New development area in the East Development District. Access from Hoffman Rd, Carver Rd, and Madison Ave. These 5 parcels are close to a large housing development, retail, medical, schools, and the Justice Center.

Lot Size: 78.15 acres


Documents

586th Ave / Carver Rd / County Rd 12 Mankato, MN Brochure

Map of 586th Ave / Carver Rd / County Rd 12, Mankato, MN, 56001

Presented by:
Coldwell Banker Commercial Fisher Group

Request additional information
Rosie Brunmeier


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.