Blue Earth County property record for 1950 Excel Dr, Mankato, MN 56001
| Property Type | General Industrial |
|---|---|
| Details | 58,869 sqft · built 1994 |
| Lot Size | 4.48 acres (195,149 sqft) |
| Owner | Company Name on File |
| Last Sale | $4,646,860 (Apr 2022) |
| Tax Bill | $87,766 (2026) |
| Deeds & Mortgages | Feb 2023 Mortgage Sep 2020 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | R01.09.10.103.007 |
| Primary APN | R01.09.10.103.007 |
|---|
| Stories | 1 Story |
|---|---|
| Building Area | 58,869 sqft Living Area |
| Year Built | Built 1994 |
|---|---|
| Effective Year Built | Effective 1994 |
| Exterior Material | Precast Concrete Panel |
| Lot Area | 195,149 sqft (4.48 acres) |
| Street Address | 1950 EXCEL DR |
|---|---|
| City | MANKATO |
| State | MN |
| Zip | 56001-5903 |
| Property Category | Industrial |
| Property Type | Industrial > General Industrial |
| Legal Description | EASTWOOD INDUSTRIAL CENTRE LOT 4 & N201.9' 005 003 00 004.480A 004.480A |
| Legal Range | 26 |
| Legal Township | 108 |
| Legal Section | 10 |
| Legal Subdivision | EASTWOOD INDUSTRIAL CENTRE |
| Legal Lot Number | 4 |
| Jurisdiction | BLUE EARTH MN |
| Township / Civil Division | MANKATO |
| Census Block Group | 3 |
| Census Block | 3053 |
| Census Tract | 170200 |
1950 Excel Dr, an industrial property, is owned by a company that bought it in April 2022.
Source: Blue Earth County records, as of May 12, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 51 BROADWAY N, FARGO, ND 58102-4991 |
| Owner Type | Company |
| Vesting | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Feb 27, 2023 | Deed of Trust, Mortgage · Commercial Mortgage BNC NATIONAL BANK |
| Sep 2, 2020 | Deed of Trust, Mortgage · Commercial Mortgage CENTRAL MINNESOTA CU |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Apr 28, 2022 · Amount on File |
| Deed Sale | Apr 28, 2022 · Amount on File |
| Deed Document Number | 20221403226 |
| Record Updated | Jun 8, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | BLUE EARTH MN |
| Property Address | 1950 EXCEL DR, MANKATO, MN 56001-5903 |
| Transaction Type | Mortgage |
| Record Updated | Mar 22, 2023 |
| Name | Verified Name |
|---|
| Document Number | 000T148686 |
|---|---|
| Date | Feb 27, 2023 |
| Instrument | T148686 |
| Name | BNC NATIONAL BANK |
|---|---|
| Type | Bank |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 120 Months |
| Due | Feb 14, 2033 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | BLUE EARTH MN |
| Property Address | 1950 EXCEL DR, MANKATO, MN 56001-5903 |
| Transaction Type | Mortgage |
| Record Updated | Feb 5, 2021 |
| Title Company | FIRST AMERICAN TITLE |
| Name | Verified Name |
|---|
| Document Number | T140442 |
|---|---|
| Date | Sep 2, 2020 |
| Instrument | T140442 |
| Name | CENTRAL MINNESOTA CU |
|---|---|
| Type | Credit Union |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 60 Months |
| Due | Aug 27, 2025 |
| Rate Type | Fixed Rate |
|---|
The 2026 property tax bill for 1950 Excel Dr was $87,766.
Source: Blue Earth County assessment roll, as of May 12, 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Blue Earth County |
| Municipality | Mankato City |
| Unified School District | Mankato Public School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $87,766.00 | $3,227,100 (+4.27%) Land $487,900 Building $2,739,200 | $3,227,100 (+4.27%) Land $487,900 Building $2,739,200 |
| 2025 | $3,095,000 (+2.8%) Land $487,900 Building $2,607,100 | $3,095,000 (+2.8%) Land $487,900 Building $2,607,100 | |
| 2024 | $81,146.00 (-6.09%) | $3,010,600 (-1.23%) Land $487,900 Building $2,522,700 | $3,010,600 (-1.23%) Land $487,900 Building $2,522,700 |
| 2023 | $86,404.00 | $3,048,200 Land $487,900 Building $2,560,300 | $3,048,200 Land $487,900 Building $2,560,300 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 1950 Excel Dr in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective March 11, 2024
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
Values are read at the parcel center point; lenders make the official flood determination.
Wildfire risk around 1950 Excel Dr is low, with less than a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 98% of the US · lower than 92% of Minnesota |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: FCC Broadband Data Collection, based on 28 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Starlink Satellite | 280 / 30 |
| GigFire Fixed Wireless | 150 / 130 |
| Midco Fixed Wireless | 100 / 20 |
May also be available: AT&T, Fidium Fiber, Metronet, Spectrum, Verizon.
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