Lor Ray Drive Development Site

For Sale

51671 Lor Ray Drive, North Mankato, MN 56003

This North Mankato property for sale is located at 51671 Lor Ray Drive. The current listed sale price for Lor Ray Drive Development Site is $1,439,400. Lor Ray Drive Development Site is situated on a lot that is 47.98 acre in size.

Contacts

David Schooff

NAI North Star

Property Details

  • Property Type VacantLand
  • Lot Size 47.98 Acre
  • Date Updated Mar 31, 2026
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.
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Highlights

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

Attachments

Getting around

  • 1/100

    Walk Score ®

  • 17/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City North Mankato, MN
  • Zip Code 56003

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

  • Comfort Inn & Suites

    1.64 miles

  • Riverside Suites

    1.81 miles

  • Days Inn

    1.81 miles

  • Coratel Inn & Suites

    1.88 miles

  • Norwood Inn

    2.24 miles

  • Hilton Garden Inn Mankato Downtown

    3.19 miles

  • Mankato City Center Hotel

    3.20 miles

  • Microtel Inn & Suites by Wyndham Mankato

    4.47 miles

  • River Hill Motel

    4.49 miles

  • Courtyard Mankato

    4.74 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

Contact Listing Broker
David Schooff

NAI North Star

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