Hoffman Rd/County Rd 12 Development

Hoffman Rd/Cty Rd 12 Mankato, MN 56001

Hoffman Rd/Cty Rd 12, Mankato, MN, 56001
Hoffman Rd/Cty Rd 12, Mankato, MN, 56001 Hoffman Rd/Cty Rd 12, Mankato, MN, 56001 Hoffman Rd/Cty Rd 12, Mankato, MN, 56001 Hoffman Rd/Cty Rd 12, Mankato, MN, 56001 Hoffman Rd/Cty Rd 12, Mankato, MN, 56001
FOR SALE
Property Type:
Commercial Land Development
Amount:
Please Call Broker for Price

Last Verified:
Aug 02, 2024

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Highlights

  • PRICE SLASHED - BUYER INCENTIVE
  • Prime development opportunity close to new hotel site and housing projects
  • New school and housing development nearby
  • County Road 12 and Carver Road provide quick access to medical clinics, retail, schools, new hotel, housing, and professional offices
  • Less infrastructure costs with utilities close by

Description

This PRIME LAND near the Justice Center and MNDOT is ready for development. Formerly zoned agricultural, it is now ready for Mankato’s East Expansion. Ideal location for development of multi-family housing, patio homes, churches, offices, and senior housing.

This land is ideally located on the roundabout at the NE corner of Hoffman Road which connects to Hwy 22 and County Road 12. VPD on Hwy 22 is 15,400. County Rd 12 is 3,400 and nearby Madison Avenue is 16,600.

Lot Size: 16.35 acres


Documents

Hoffman RD/County RD 12 Sale Brochure

Map of Hoffman Rd/Cty Rd 12, Mankato, MN, 56001

Presented by:
Coldwell Banker Commercial Fisher Group

Request additional information
Rosie Brunmeier


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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.