MLS# 7039771 - 1 Aveyda Way Mankato, MN 56001

MLS# 7039771
1 Aveyda Way Mankato, MN 56001

Central and Northern Minnesota's finest Lakeshore Property Broker, Jim Christensen and the Lakeshore Marketing Group of real estate professionals will assist you in finding the lake property, lot or home, which fits your needs. They are located in Nisswa, servicing the areas Gull Lake Chain, Whitefish Chain, Pelican Lake, Crosslake and all of the Brainerd Lakes Area. DISCLAIMER: Information deemed reliable but not guaranteed.

Neighborhoods

RE/MAX Advantage Plus is the brokerage office representing the seller for this listing.

The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Jim Christensen is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Jim Christensen, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

{"Id":532593,"ORGTABLE":"RAW_Property","MLSCLASS":"LND","MLSNUMBER":"NST7039771","MLSAGENTID":"NST503000768","MLSOFFICEID":"NST49188","ADDRESS":"1 Aveyda Way","ACRES":0.0,"AGENTOWNER":false,"AUCTIONYN":false,"CITY":"Mankato","CONTINGENCY":"None","COUNTY":"Blue Earth","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"FORECLOSURE":"No","LASTPRICE":504000.0,"LASTPRICEDATE":"2026-03-24T22:03:06.197","LATITUDE":44.1556857,"LENDEROWNED":"No","LISTDATE":"2026-03-19T05:00:00","LISTPRICE":504000.0,"LIVINGAREA":0.0,"LONGITUDE":-93.93803683,"LOTDESCRIPTION":"Underground Utilities","MODIFICATIONTIMESTAMP":"2026-03-24T22:04:05.931","OFFICE_OFFICENAME":"RE/MAX Advantage Plus","PHOTOCOUNT":1,"POSTALCODE":"56001","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"Shovel ready building pad for up to 42 units in Building 1 with 9424 SF and 63 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.","ROADBETWEENWATERFRONTANDHOMEYN":false,"SALEINCLUDES":"Platted,Survey","SCHOOLDISTRICTNUMBER":"2262-Mankato","SCHOOLDISTRICTPHONE":"5073871868","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2026-03-24T22:03:06.197","LASTSTATUS":"Active","STREETNAME":"Aveyda","STREETNUMBER":"1","STREETSUFFIX":"Way","TRANSACTIONTYPE":"For Sale","WATERFRONTPRESENT":false,"ZONING":"Residential-Multi-Family,Other","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-03-24T22:04:05.931","PHOTOORDER":"1","SOURCE":"MG_NST"}

{"ListingKey":"NST7871043","AdditionalParcelsYN":"False","NST_AgentOwner":"No","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"No","AssociationYN":"False","AssociationFee":"0","BasementYN":"False","CumulativeDaysOnMarket":"0","City":"Mankato","Contingency":"None","NST_ForSaleOrLease":"For Sale","CountyOrParish":"Blue Earth","DevelopmentStatus":"Finished Lot(s)","NST_DevelopmentAmenityType":"No","Directions":"At corner of Hoffman Rd and CR 12","DocumentsCount":"0","DaysOnMarket":"5","NST_FractionalOwnershipYN":"No","HighSchoolDistrict":"Mankato","NST_ForeclosureStatus":"No","Inclusions":"Platted,Survey","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"True","InternetConsumerCommentYN":"False","InternetEntireListingDisplayYN":"True","NST_Improvements":"Curbs,Other,Paved Streets,Public Road,Storm Sewer","LandLeaseYN":"False","NST_SaleOptions":"Sell Entirely","Latitude":"44.1556856963","NST_LenderOwned":"No","ListPrice":"504000","ListingContractDate":"2026-03-19T05:00:00Z","ListingId":"NST7039771","LockBoxType":"None","Longitude":"-93.9380368278","LotFeatures":"Underground Utilities","LotSizeArea":"0","LotSizeDimensions":"0","LotSizeUnits":"Acres","OriginalEntryTimestamp":"2026-03-24T17:02:26Z","ParcelNumber":"TBD","NST_SchoolDistrictNumber":"2262","PhotosCount":"1","PhotosChangeTimestamp":"2026-03-24T22:04:05.931Z","PostalCity":"Mankato","PostalCode":"56001","NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","NST_ProgramAcresTotal":"0","PropertyType":"Land","PublicRemarks":"Shovel ready building pad for up to 42 units in Building 1 with 9424 SF and 63 allocated parking stalls. Located on a total of 19 acres positioned on the high-growth east side of Mankato, this shovel-ready development offers a prime opportunity for multifamily or senior housing with the capacity for 610 units in total. Zoned Office Residential, the opportunity for development and use is vast. The site is planned for 10 buildings to house 610 units with grading and infrastructure included and construction readiness by July 2026. Surrounded by strong demand drivers, the property is within one mile of major retail and shopping, 2.7 miles from regional hospitals and clinics, and just 3.4 miles from Minnesota State University, Mankato. Mankato continues to experience steady growth fueled in part by in-migration from its broader trade area, serving a regional population of approximately 1.6 million, with a core population exceeding 340,000. This dynamic position the site as an ideal location for developers targeting sustained rental demand and long-term appreciation. Over the past five years, Mankato has faced a persistent undersupplied rental market, with vacancy rates under 2% for several years. Recent new developments have begun easing pressure, bringing the market closer to equilibrium, but it remains structurally demand-driven. Even with these deliveries, renter demand remains strong, and studies project a need for over 6,500 additional units by 2035 to meet growth and housing needs.","NST_Restrictions":"Open","RoadFrontageType":"City Street,Paved Streets,Storm Sewer","RoadResponsibility":"Private Maintained Road","NST_SchoolDistrictPhone":"5073871868","StandardStatus":"Active","StateOrProvince":"MN","StreetName":"Aveyda","StreetNumber":"1","StreetNumberNumeric":"1","StreetSuffix":"Way","TaxAnnualAmount":"0","NST_TaxWithAssessments":"0","TaxYear":"2026","Topography":"Level","Township":"Mankato","Utilities":"Cable Available,Cable Connected,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Sewer Available,Sewer Connected,Storm Sewer Available,Storm Sewer Connected,Phone Available,Phone Connected,Underground Utilities Available,Water Available,Water Connected","VideosCount":"0","ZoningDescription":"Residential-Multi-Family,Other","ListAgentKey":"NST41994","ListAgentMlsId":"NST503000768","ListOfficeMlsId":"NST49188","ListOfficeName":"RE/MAX Advantage Plus","ListOfficeKey":"NST49188","ModificationTimestamp":"2026-03-24T22:04:05.931Z","OriginatingSystemName":"northstar","Media":"[{\"Order\":1,\"MediaObjectID\":\"NST1\",\"ResourceRecordKey\":\"NST7871043\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7871043/e277fe17-7451-48d2-8dcb-dc54d47d90bc.jpeg\",\"ImageWidth\":838,\"ImageHeight\":891,\"ImageSizeDescription\":\"838x891\",\"MediaModificationTimestamp\":\"2026-03-24T22:03:17.905Z\",\"MediaKey\":\"NST121108672\"}]","Media__Order":"1","Media__MediaObjectID":"NST1","Media__ResourceRecordKey":"NST7871043","Media__MediaURL":"https://s3.amazonaws.com/mlsgrid/images/NST7871043/e277fe17-7451-48d2-8dcb-dc54d47d90bc.jpeg","Media__ImageWidth":"838","Media__ImageHeight":"891","Media__ImageSizeDescription":"838x891","Media__MediaModificationTimestamp":"3/24/2026 10:03:17 PM","Media__MediaKey":"NST121108672","DocumentsChangeTimestamp":"2026-03-24T22:03:06.197Z","MlgCanView":"True","MlgCanUse":"IDX","PhotoRemarks":"","PhotoOrder":"1","CustomVTourURL":""}

MLS# 70397711 Aveyda Way Mankato, MN 56001

MLS# 7039771
1 Aveyda Way Mankato, MN 56001