Madison Ave/Carver Rd Commercial Land

Madison Ave/Carver Rd Mankato, MN 56001

Mankato
FOR SALE
Property Type:
Commercial Land Development
Amount:
$3,763,780
Last Verified:
Oct 11, 2024

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Highlights

  • PRICE REDUCTION
  • Estate to Consider All Offers
  • Adjacent to Mayo Clinic East Ridge

Description

More than 27 acres of commercial land for sale off of Madison Avenue, the main thoroughfare of Hilltop Mankato. The property has easy access to US Highway 14 and is located within close distance to national retail stores, River Hills Mall, and dining options. This portion of Madison Avenue has a traffic count of 5,200 vehicles per day.

Commercial land located at the corner of Madison Avenue and Carver Road. Carver Road/County Road 12 is a freight connection to Eagle Lake. This property is located next to the Mayo Clinic's East Ridge campus, the Blue Earth County Justice Center, and the Minnesota Department of Transportation. Mankato Heights Plaza Strip Mall is just 0.4 miles west on Madison Avenue.

Lot Size: 27.43 acres


Documents

Sale Brochure

Map of Madison Ave/Carver Rd, Mankato, MN, 56001

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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.