1950 Marie Lane North Mankato, MN $ 700,000
1950 Marie Lane
$ 700,000
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1950 Marie Lane

North Mankato, MN, 56003
$ 700,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 4,420

1950 Marie Lane, North Mankato, MN 56003 - Image 1
1950 Marie Lane, North Mankato, MN 56003 - Image 2
1950 Marie Lane, North Mankato, MN 56003 - Image 3
1950 Marie Lane, North Mankato, MN 56003 - Image 4

Lots and Land for sale in North Mankato, MN

for $700,000. The lot size is 4.85.

Exceptional 4.85-acre shovel-ready development opportunity located in the Upper North Mankato area. Zoned R-4 Multiple Dwelling District, the site offers the potential to accommodate a development of approximately 152 units, subject to final plans and municipal approvals. Strategically positioned near South Central College, Hoover Elementary, and Dakota Middle Schools, as well as residential neighborhoods. The property offers excellent accessibility within one of North Mankato's established growth areas. This site is a unique opportunity for a senior or market rate housing operator or developer seeking a well-located site. Tax Increment Financing (TIF) may also be available, subject to qualification and approval by the appropriate governmental authorities.

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Lots and Land Active

Price

$ 700,000

Property Type

Lots and Land

Taxes

$ 3,938

Style

Agriculture

Lot Size

4.85

Town/City

North Mankato

County/Region

Nicollet

MLS | Web ID

267041475

Features
General
Utilities City Water City Sewer
Development Status Raw Land
Status Active ACTIVE
Topography Level
Subdivision MN
Sale/Rent For Sale
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Exterior
Waterfront No
Lot Size Area 4.85
Land Improvements Curbs/Gutters Sidewalk
On Site Utilities City Water City Sewer
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* Excluded Features
List By
Re/Max Dynamic Agents

Broker

carlos@mankatocre.com

Email

Affordability Calculator

$4,748
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,420
Monthly Property Taxes
$328
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1357992 Elementary School
1357849 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2026$700,000 Listed Price

Map


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1950 Marie Lane, North Mankato, MN, 56003 is a Lots and Land for sale at $700,000 with a lot size of 4.85. 1950 Marie Lane has 0.0 baths. The property's zip code is 56003 which is in North Mankato, MN