Basset Drive

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Address: Bassett Dr, Mankato, MN 56001, USA
Chicago & Midwest + Land/Development
Created date: February 11, 2026
Date last updated: June 17, 2026
Price: $399,000Investment Analyzer NEW!
  • No Assessments Needed - Development Ready Site
  • 490' Corner Site Line/Frontage Visibility via Hwy 22
  • Near Major Retailers: Kohls', TJ Maxx, Boot Barn, Pet Smart, Wells Fargo and others
  • 20,000+ VPD (Hwy 22/Basset Dr)

Property Description

Rare commercial development opportunity on Basset Drive, anchored in one of Mankato’s highest-volume retail and service corridors with excellent visibility and frontage exposure. The site benefits from strong regional access via Highway 22 and Madison Avenue, linking key trade generators and residential catchments. Neighbors include Wells Fargo Bank, robust retail centers, professional services, and community-oriented uses such as educational facilities — underscoring daily activity drivers and built-in traffic. Neighboring governmental and service tenants include the Blue Earth County DMV/MN DMV office, enhancing daytime foot and vehicular exposure. Ample site frontage and clear lines of sight to passing traffic make this parcel ideal for retail, medical office, financial services, mixed-use, or grocery-anchored development. Positioned to capture sustained consumer demand and investor interest in Southern Minnesota’s rapidly growing Mankato market. Contact broker for current traffic counts and frontage specifics to support underwriting and proforma scenarios.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $399,000
Lot Size: 1.55 Acres
Opportunity Zone: No
Property Website Click Here
Address: Basset Drive, Mankato, MN 56001, USA
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Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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