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    MLS# 7042441 - 8 Aveyda Way Mankato, MN 56001

    Neighborhoods

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

    Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.

    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. Joy+Marci Realty Group is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Joy+Marci Realty Group, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

    {"Id":532594,"ORGTABLE":"RAW_Property","MLSCLASS":"LND","MLSNUMBER":"NST7042441","MLSAGENTID":"NST503000768","MLSOFFICEID":"NST49188","ADDRESS":"8 Aveyda Way","ACRES":0.0,"AGENTOWNER":false,"AUCTIONYN":false,"CITY":"Mankato","CONTINGENCY":"None","COUNTY":"Blue Earth","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"FORECLOSURE":"No","LASTPRICE":648000.0,"LASTPRICEDATE":"2026-03-24T22:09:06.717","LATITUDE":44.1556857,"LENDEROWNED":"No","LISTDATE":"2026-03-24T05:00:00","LISTPRICE":648000.0,"LIVINGAREA":0.0,"LONGITUDE":-93.93803683,"LOTDESCRIPTION":"Underground Utilities","MODIFICATIONTIMESTAMP":"2026-03-24T22:09:06.716","OFFICE_OFFICENAME":"RE/MAX Advantage Plus","PHOTOCOUNT":1,"POSTALCODE":"56001","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"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.","ROADBETWEENWATERFRONTANDHOMEYN":false,"SALEINCLUDES":"Platted,Survey","SCHOOLDISTRICTNUMBER":"2262-Mankato","SCHOOLDISTRICTPHONE":"5073871868","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2026-03-24T22:09:06.717","LASTSTATUS":"Active","STREETNAME":"Aveyda","STREETNUMBER":"8","STREETSUFFIX":"Way","TRANSACTIONTYPE":"For Sale","WATERFRONTPRESENT":false,"ZONING":"Residential-Multi-Family,Other","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-03-24T22:09:06.716","PHOTOORDER":"1","SOURCE":"MG_NST"}
    {"ListingKey":"NST7873257","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":"0","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":"648000","ListingContractDate":"2026-03-24T05:00:00Z","ListingId":"NST7042441","Longitude":"-93.9380368278","LotFeatures":"Underground Utilities","LotSizeArea":"0","LotSizeDimensions":"0","LotSizeUnits":"Acres","OriginalEntryTimestamp":"2026-03-24T17:07:14Z","ParcelNumber":"TBD","NST_SchoolDistrictNumber":"2262","PhotosCount":"1","PhotosChangeTimestamp":"2026-03-24T22:09:06.716Z","PostalCity":"Mankato","PostalCode":"56001","NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","NST_ProgramAcresTotal":"0","PropertyType":"Land","PublicRemarks":"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.","NST_Restrictions":"Open","RoadFrontageType":"City Street,Paved Streets,Storm Sewer","RoadResponsibility":"Private Maintained Road","NST_SchoolDistrictPhone":"5073871868","StandardStatus":"Active","StateOrProvince":"MN","StreetName":"Aveyda","StreetNumber":"8","StreetNumberNumeric":"8","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":"2026-03-24T22:09:06.716Z","OriginatingSystemName":"northstar","Media":"[{\"Order\":1,\"MediaObjectID\":\"NST1\",\"ResourceRecordKey\":\"NST7873257\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7873257/fc2eb039-766a-41d2-8fec-69d65a852ae6.jpeg\",\"ImageWidth\":838,\"ImageHeight\":891,\"ImageSizeDescription\":\"838x891\",\"MediaModificationTimestamp\":\"2026-03-24T22:08:08.201Z\",\"MediaKey\":\"NST121108732\"}]","Media__Order":"1","Media__MediaObjectID":"NST1","Media__ResourceRecordKey":"NST7873257","Media__MediaURL":"https://s3.amazonaws.com/mlsgrid/images/NST7873257/fc2eb039-766a-41d2-8fec-69d65a852ae6.jpeg","Media__ImageWidth":"838","Media__ImageHeight":"891","Media__ImageSizeDescription":"838x891","Media__MediaModificationTimestamp":"3/24/2026 10:08:08 PM","Media__MediaKey":"NST121108732","DocumentsChangeTimestamp":"2026-03-24T22:08:06.028Z","MlgCanView":"True","MlgCanUse":"IDX","PhotoRemarks":"","PhotoOrder":"1","CustomVTourURL":""}
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