Lor Ray Drive Development Site

51671 Lor Ray Drive, North Mankato, MN 56003

Property Information

  • For Sale $1,439,400
  • Property Type VacantLand
  • Lot Size 47.98 Acre
  • Date Updated Mar 31, 2026

Description

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.

Highlights

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

Contacts

David Schooff

NAI North Star

Location

Contact Listing Broker
David Schooff

NAI North Star

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