9 Aveyda Way, Mankato, MN 56001
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
9 Aveyda Way,Mankato, MN 56001
$576,000
- 0 Acres
- Lots / Land
- Active
Listed by: rebecca r thate
Office: re/max advantage plus
MLS#:7042438
Source:ND_FMAAR
Price summary
- Price:$576,000
About this home
Shovel ready building pad for up to 48 units in Building 2 with 10,788 SF and 72 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....
Contact an agent
Home facts
- Listing ID #:7042438
- Added:141 day(s) ago
- Updated:August 12, 2026 at 03:38 PM
Finances and disclosures
- Price:$576,000
New listings near 9 Aveyda Way
- New
$499,900Active2 beds 2 baths1,659 sq. ft.309 Pinehurst Drive, Mankato, MN 56001
MLS# 7121155Listed by: TRUE REAL ESTATE - Coming Soon
$210,000Coming Soon3 beds 2 baths527 Mound Avenue, Mankato, MN 56001
MLS# 7124765Listed by: RE/MAX RESULTS - New
$1,100,000Active1.97 AcresTBD Poplar Street, Mankato, MN 56001
MLS# 7125509Listed by: KELLER WILLIAMS PREMIER REALTY - New
$150,000Active0.14 AcresTBD D Street, Mankato, MN 56001
MLS# 7125552Listed by: KELLER WILLIAMS PREMIER REALTY - New
$264,900Active3 beds 2 baths2,420 sq. ft.113 Hazel Street, Mankato, MN 56001
MLS# 7125344Listed by: HOME RUN REALTY - New
$348,800Active4 beds 2 baths2,256 sq. ft.112 Parkside Street, Mankato, MN 56001
MLS# 7123751Listed by: CENTURY 21 ATWOOD - New
$349,900Active3 beds 2 baths2,144 sq. ft.108 Celestine Circle, Mankato, MN 56001
MLS# 7123371Listed by: REALTY EXECUTIVES ASSOCIATES - New
$299,900Active3 beds 2 baths2,128 sq. ft.128 Clover Lane, Mankato, MN 56001
MLS# 7121083Listed by: EDINA REALTY, INC. - New
$220,000Active2 beds 1 baths1,685 sq. ft.1423 N 2nd Street, Mankato, MN 56001
MLS# 7075140Listed by: ENGEL & VOLKERS PRIOR LAKE - New
$470,000Active3 beds 2 baths1,517 sq. ft.219 Double Eagle Drive, Mankato, MN 56001
MLS# 7122310Listed by: EXP REALTY