Listed by NAI North Star
$325,000
North Victory Drive and St. Andrews Dr
Details
Property Type Retail, Land
Sub Type Commercial
Square Footage 4,846
Price Per Acre $287,611
Year Built 2008
Acreage 1.130
Zoning B-3 Highway Commercial District
Retail | 4,846 SqFt
Marketing description
A rare infill development opportunity along North Victory Drive — one of Mankato’s highest-demand commercial corridors, where buildable frontage is increasingly scarce. This 1.13-acre B-3 Highway Commercial parcel delivers exceptional positioning for developers seeking high-impact visibility with immediate access to four-lane Highway 14. The site’s strategic adjacency to regional power-retail, established traffic generators and growing pad-site activity creates a compelling platform for ground-up development, build-to-suit deployment or national-tenant expansion.
With full urban services at the lot line, strong traffic counts, and minimal site constraints, the parcel supports rapid vertical execution and efficient entitlement pathways. Ideal for retail, QSR, automotive, service-commercial, hospitality or financial-services concepts seeking a marquee corner in an undersupplied corridor. This is a flagship development site offering long-term value, dominant exposure and unmatched connectivity in the Greater Mankato growth market.
Zoning Details: B-3 Highway Commercial District, suitable for a variety of planned developments including but not limited to automobile service stations and car washes, Banks and savings and loans, including drive-in facilities, Clubs and lodges, Convenience stores, Funeral Homes, Hotels, Pet Stores, Broadcasting, Surface parking lots and parking structures or garages, Conditional Uses include any use that exceeds thirty thousand (30,000) square feet of gross floor area or other commercial and residential uses determined by the Planning Agency.
Situated just off the US-14/US-169 corridor in the Greater Mankato region, this parcel benefits from high-volume traffic exposure and proximity to major retail between Home Depot, Menards and Fleet Farm. The surrounding area is in the midst of robust commercial expansion with recent pad builds (including convenience-retail and fast-casual restaurants), strong workforce support and favorable municipal entitlements. This is a clearly differentiated site for users or investors looking to position in a high-growth Southern Minnesota corridor with both regional connectivity and proven demand.
Investment highlights
- 1.13 Highway Commercial
- Build-to-Suit Option Available
- Excellent Highway 14 Off-Ramp Visibility
- Growing Retail/Office District
- Adjacent Large R-1/R-4 Developments
Listing Contacts
Listed by NAI North Star
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
