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Steph Thrun

steph@mankatorealestate.com +1(651) 734-5563

$ 648,000

Est. payment | -/mo

19 Acres Lot

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$ 648,000

Est. payment | -/mo

Save Virtual Tour

19 Acres Lot

Key Details

Property Type Multi-Family, Vacant Land

Sub Type Multi-Family Residentl(L)

Listing Status Active

Purchase Type For Sale

Subdivision Mn

MLS Listing ID 267041727

Annual Tax Amount $1,000

Lot Size 19.000 Acres

Acres 19.0

Lot Dimensions 19

Property Sub-Type Multi-Family Residentl(L)

Property Description

Building pad suitable for 54 units, 12,152 SF and 81 allocated parking stalls. Pad is certified and balanced, streets, stormwater and utilities complete. All hook up fees have been paid. Zoned Office Residential within a 19-acre apartment parcel platted for 10 buildings and up to 610 units, so you can start with one building and grow with the neighborhood. Aveyda Preserve is Mankato's newest master-planned community and its 19-acre apartment parcel is now fully construction-ready. Zoned Office Residential and platted for 10 buildings with capacity for 610 units, the site gives a developer a rare combination: scale to phase a multi-year program, and infrastructure that is already finished. Streets, stormwater ponds, sanitary and water are in, every pad is certified and balanced within one foot, and hook-up fees are paid. Your cost from here is essentially vertical construction. The parcel sits on Mankato's high-growth east side, within a mile of major retail, 2.7 miles from Mayo Clinic Health System's regional hospital and clinics, and 3.4 miles from Minnesota State University, Mankato. Across the street, Aveyda Preserve's 122 villas, twin homes and single-family homes plus a planned convenience store and mixed-use retail corner mean your renters move into a finished neighborhood, not a construction zone. Sites are available individually by building or as a full-parcel assemblage. Ideal for market-rate, luxury, or senior housing. Build to a finished product with a land basis that's a fraction of typical all-in cost.

Location

State MN

County Blue Earth County

Area Mankato Hilltop

Exterior

Utilities Available Broadband, Cable TV, City Water, City Sewer, Electric, Natural Gas, Storm Sewer, Telephone, City Garbage

Topography Level

Improvements Curbs/Gutters,Paved,Private

Farm No

Building

Lot Description Paved Streets, Telephone, Underground Utilities

Schools

School District Mankato #77

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://youtu.be/MdnYVuvq3ZE

Listed by Parkway Real Estate

Nearby Locations

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Steph Thrun

Agent

steph@mankatorealestate.com

+1(651) 734-5563

7 Hoffman Road Mankato, MN 56001

Steph Thrun

Key Details

Location

Exterior

Building

Schools

Others

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