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  1. Commercial Properties
  2. MN
  3. Mankato

Lor Ray Drive Development Site

For Sale

51671 Lor Ray Drive, North Mankato, MN 56003

Prime 48+ acre residential development site located near 51671 Lor Ray Drive in North Mankato, MN. Positioned in a high-growth corridor, this property offers strong accessibility to US-14, downtown Mankato, and key amenities including schools, retail, and healthcare. Zoned and guided for R-1 residential use, the site is ideal for single-family home builders and developers seeking scalable opportunities in an expanding market. Attractive topography and proximity to established neighborhoods support efficient subdivision planning and long-term value creation.Exceptional 48+ acre R-1 development opportunity in North Mankato, MN, offering an ideal setting for single-family residential builders. This site combines strong development fundamentals with the natural beauty of rolling terrain, mature surroundings, and scenic views. Located near 51671 Lor Ray Drive, the property provides a peaceful, upscale environment while remaining minutes from Mankato’s core amenities. Positioned for high-demand housing growth, this land delivers a rare blend of build-ready potential and attractive landscape appeal for developers targeting premium residential communities.

Key features

  • 48 Acre Site
  • High-Demand Housing Growth
  • Mature Neighborhoods/Surroundings for Prime SFH Build Sites
  • R-1 Development Opportunity

Building Details

  • For Sale $1,439,400
  • Property Type VacantLand
  • Lot Size 47.98 Acre
  • Additional Rent Price on request
  • Date Updated Jun 17, 2026
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Contacts

broker
David Schooff

NAI North Star

Location

  • City North Mankato, MN
  • Zip Code 56003
  • Map
  • Street
  • Walk score 1/100 Car-Dependent
  • Bike score 17/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Kwik Trip

1.65 miles

Speedway

2.35 miles

Cenex

2.87 miles

Circle K

3.07 miles

Hy-Vee Gas

3.20 miles

Casey's General Store

3.23 miles

Tesla Destination Charger

4.74 miles

Park

2.63 miles

Civic Center Ramp

3.19 miles

Mankato Place Ramp

3.21 miles

City Center Ramp

3.26 miles

Cherry Street Parking Ramp

3.30 miles

Lot 17

4.11 miles

Lot 14

4.18 miles

Lot 18

4.21 miles

Lot 15

4.29 miles

Lot 16

4.32 miles

Howard Drive Car Wash

1.35 miles

4 Seasons Truck Wash

2.09 miles

Kwik Trip Car Wash

4.20 miles

Star Street Car Wash

4.78 miles

Enterprise

4.85 miles

Kwik Trip - Car Wash

4.90 miles

Fleet Farm Car Wash

4.91 miles

Lager's Car Wash & Quick Lube

5.15 miles

Holiday Car Wash

5.28 miles

Snell Auto Wash

5.43 miles

Happy Chef Restaurant

1.24 miles

Culver's

1.67 miles

Big Dog Sports Cafe

1.67 miles

McDonald's

1.71 miles

Chipotle

1.78 miles

Hardee's

1.82 miles

Plaza Jalisco

2.17 miles

Subway

2.39 miles

American Legion Post 518

2.86 miles

Spinners Bar & Grill

2.87 miles

Hy-Vee

3.17 miles

Cub Foods

3.20 miles

Madison East Center

4.30 miles

Belle Mar Center

4.51 miles

ALDI

4.78 miles

Raintree Mall

4.86 miles

River Hills Mall

4.94 miles

JCPenney

4.96 miles

Target

5.06 miles

River Place

5.06 miles

North Mankato Fire Department

1.32 miles

Walgreens

1.75 miles

North Mankato Police Department

2.57 miles

PrairieCare

3.24 miles

Public Safety Center

3.34 miles

SOUTH BEND VOLUNTEER FIRE DEPARTMENT

3.59 miles

Mayo Clinic Health System

4.03 miles

CVS Pharmacy

4.19 miles

Hanger Clinic

4.27 miles

DaVita Dialysis

4.31 miles

Listing Summary

  • What is the asking price at Lor Ray Drive Development Site?

    Lor Ray Drive Development Site is currently listed for sale at Price on request.

Contact David Schooff
broker
David Schooff

NAI North Star

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