Mankato Land for Sale

Mankato Land for Sale

Located in the heart of Blue Earth County, Minnesota, Mankato is a vibrant city with a rich history and a promising future. Known for its natural beauty, friendly communities, and strong economy, Mankato offers a wonderful place to live, work, and play.

Situated in the southern part of the state, Mankato is the county seat of Blue Earth County and is the fourth-largest city in Minnesota. With a population of over 42,000 residents, the city provides a perfect blend of small-town charm and big-city amenities.

One of the key attractions of Mankato is its land for sale. Whether you are looking to build your dream home, start a business, or invest in real estate, Mankato offers a variety of land options to suit your needs. From spacious residential lots in peaceful neighborhoods to commercial land in bustling areas, there is something for everyone.

The land for sale in Mankato provides a unique opportunity to create a space that reflects your vision and lifestyle. With a range of sizes and locations available, you can find the perfect plot to build your dream property or develop a thriving business. The city's strategic location and strong infrastructure make it an ideal choice for investment and growth.

If you are seeking a place that combines natural beauty, a welcoming community, and exciting opportunities, Mankato is the perfect destination. Explore the land for sale in this thriving city and discover the endless possibilities that await you.

Newest Mankato Land for Sale

$1,200,000
2 Beds ⋅ 2 Baths ⋅ 7111176 MLS
Exceptional 62-acre farm opportunity. 53.03 tillable acres — a rare opportunity for farmers, investors, or those seeking the perfect rural retreat. The well-maintained 2-bedroom rambler features main floor laundry, a 2-stall garage, wood & electric fireplace, brand new furnace &A/C (2025), and a radon mitigation system. The property is fully equipped with a pole shed, saw mill shed, grain bin & shop — everything needed to run a productive operation from day one. A true turn-key farm package you don't want to miss!

52621 Valley View Circle, Mankato

Listing courtesy of Keller Williams Premier Realty.

$396,396
7109809 MLS
Exceptional 1.4-acre commercial outlot available within the established Trail Creek Office & Retail Development, a thriving 35,000-square-foot mixed-use development strategically positioned at the highly visible intersection of Highway 22 and Augusta Drive. Zoned B-3 Highway Business District, this site offers outstanding flexibility for a wide variety of retail, restaurant, medical, office, financial, and service-oriented users. It offers exceptional exposure along one of Mankato's busiest commercial corridors and is just moments from the Highway 14 and Victory Drive interchange, providing convenient access to the greater Mankato region and surrounding communities. The location is surrounded by a strong mix of established businesses, healthcare providers, and national retailers, creating consistent traffic and a built-in customer base.

TBD N Trail Creek Addition, Mankato

Listing courtesy of RE/MAX Dynamic Agents.

$1,475,000
7108391 MLS
Sought after land for sale just on the outskirts of Mankato, between Mankato and Eagle Lake. Almost 44 acres are available! Unlimited possibilities with the parcel!

21xxx 594th Avenue, Mankato

Listing courtesy of Weichert Realtors, Community Group.

$1,500,000
2 Beds ⋅ 1 Baths ⋅ 7096141 MLS
Exceptional 101-acre farm opportunity in 3 parcels. 73.08 tillable acres across three parcels — a rare opportunity for farmers, investors, or those seeking the perfect rural retreat. The well-maintained 2-bedroom rambler features main floor laundry, a 2-stall garage, wood & electric fireplace, brand new furnace & A/C (2025), and a radon mitigation system. The property is fully equipped with a pole shed, saw mill shed, grain bin & shop — everything needed to run a productive operation from day one. A true turn-key farm package you don't want to miss!

52621 Valley View Circle, Mankato

Listing courtesy of Keller Williams Premier Realty.

$264,000
7082578 MLS
Position your business in one of Mankato's most established and highest trafficked commercial corridors! Located just east of Hwy 22, surrounded by national brands and thriving local businesses. Holiday Inn Express is right next to property. More land available.

2X Adams Street, Mankato

Listing courtesy of Edina Realty, Inc..

$244,000
7060192 MLS
Great opportunity to own a unit or building in the Victory Drive Business Park Association! Price shown is for one 1,560 SF unit, to be built by Skorr Construction, or the builder of your choice.

1036 S Victory Drive, Mankato

Listing courtesy of Landmark Realtors, LLC.

$960,000
7042448 MLS
Shovel ready building pad for up to 80 units in Building 6 with 24,268 SF and 120 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.

6 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

$960,000
7042447 MLS
Shovel ready building pad for up to 80 units in Building 5 with 24,268 SF and 120 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.

5 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

$864,000
7042445 MLS
Shovel ready building pad for up to 72 units in Building 7 with 26,067 SF and 108 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.

4 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

$864,000
7042444 MLS
Shovel ready building pad for up to 72 units in Building 10 with 26,067 SF and 108 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.

1 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

$648,000
7042443 MLS
Shovel ready building pad for up to 54 units in Building 9 with 12,152 SF and 81 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.

2 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

$648,000
7042441 MLS
Shovel ready building pad for up to 54 units in Building 8 with 12,152 SF and 81 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.

8 Aveyda Way, Mankato

Listing courtesy of RE/MAX Advantage Plus.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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