3000 Technology DrMankato, MN 56001

  • Commercial real estate
  • 25,000 SF
For Sale
$2,850,000 View listing

Property Details for 3000 Technology Dr

Year built
2017
Lot size
1.78 AC
Property size (Sq ft)
25,000 SF
Property type
Commercial real estate
APN
R01.09.10.177.001
APU
R010910177001

Description

This exceptional 25,000-square-foot industrial warehouse, located at 3000 Technology Dr, Mankato, MN 56001, presents a compelling investment opportunity. Built in 2017, this two-story structure sits on a 1.78-acre lot and boasts flexible zoning, allowing for diverse operational uses. The building offers 22,500 square feet of wide-open space ideal for shop or manufacturing activities. In addition, there's a separate 5,000-square-foot area, comprised of two 2,500-square-foot levels, offering versatile options for office space, storage, or other supplementary uses. The property's strategic location at the intersection of US-14 and MN-22 provides excellent access to major transportation routes, enhancing logistical efficiency. Its proximity to retail, hotels, restaurants, and offices further adds to its appeal. The asking price is $2,850,000, translating to a land value of $100 per square foot. Currently vacant, this property offers immediate occupancy for a discerning buyer seeking a well-situated, versatile industrial space in a thriving Mankato location. The property is zoned for flexible use within Blue Earth County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,710,408
    Hospitality
    $4,314,708
    Educational
    $3,589,786
    Medical
    $3,713,245
    Retail
    $5,584,112

Location Insight

City
Mankato
County
Blue Earth
State
Minnesota
Latitude
44.1764
Longitude
-93.9407
CBSA code
31860
CBSA name
MANKATO-NORTH MANKATO, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$48,184
$239,800
$1,614,500
$1,854,300
-
$239,800
$1,614,500
$1,854,300

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