23894 3rd Ave, Mankato, MN 56001 Property Records

Blue Earth County property record for 23894 3rd Ave, Mankato, MN 56001

Property Summary

Property Type	Office Building
Details	5,517 sqft · built 1991
Lot Size	11.1 acres (487,436 sqft)
Owner	Company Name on File
Tax Bill	$11,438 (2026)
Deeds & Mortgages	May 2026 Construction Loan Jun 2022 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`R40.04.20.326.001`

Property Details

APN / Parcel Number

Primary APN	`R40.04.20.326.001`

Interior

Stories	1 Story
Building Area	5,517 sqft Living Area

Exterior

Year Built	Built 1991
Effective Year Built	Effective 1991
Exterior Material	Metal
Lot Area	487,436 sqft (11.1 acres)
Total Buildings	2 Buildings

Location & Zoning

Street Address	23894 3RD AVE
City	MANKATO
State	MN
Zip	56001-7547
Property Category	Commercial
Property Type	Commercial > Office > Office Building
Legal Description	THAT PART OF NE4 OF SW4 W OF RR TRACT CONTAINS 11.19A MORE OR LESS 020 109 26 011.190A OR LESS 020 109 26 011.190A
Legal Range	26
Legal Township	109
Legal Section	20
Jurisdiction	BLUE EARTH MN
Township / Civil Division	LIME
Census Block Group	2
Census Block	2003
Census Tract	170200

Owner

23894 3rd Ave, a commercial property, is owned by a company.

Source: Blue Earth County records, as of May 12, 2026

Owner of Record	Company Name on File
Mailing Address	PO BOX 38, KASOTA, MN 56050-0038
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.

Deeds, Mortgages & Sale History

Date	Document
May 6, 2026	Deed of Trust, Mortgage · Construction Mortgage NONE LISTED ON DOCUMENT
Jun 27, 2022	Deed of Trust, Mortgage · Commercial Mortgage WEST BANK
Apr 16, 2018	Deed of Trust, Mortgage · Conventional Mortgage COLD SPRING GRANITE CO

Assessor's Deed Record

Deed Names	Name on Deed
Record Updated	Sep 20, 2026

May 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLUE EARTH MN
Recording Date	May 6, 2026
Property Address	23894 3RD AVE, MANKATO, MN 56001-7547
Document Number	0000624854
Instrument Date	May 1, 2026
Instrument	2026624854
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	NONE LISTED ON DOCUMENT

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company, 103

Mortgage

Document Number	0000624854,
Date	May 6, 2026
Instrument	2026624854

Lender

Agreement

Type	Construction Mortgage
Amount	Amount on Record
Term	18 Months
Due	Nov 1, 2027

Interest

Rate	6.46%
Max Rate	-1%

June 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLUE EARTH MN
Property Address	23894 3RD AVE, MANKATO, MN 56001-7547
Transaction Type	Mortgage
Record Updated	Jul 13, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	00600CR256
Date	Jun 27, 2022
Instrument	600CR256

Lender

Name	WEST BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	60 Months
Due	Jun 15, 2027

Interest

Rate Type	Fixed Rate

April 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLUE EARTH MN
Property Address	23894 3RD AVE, MANKATO, MN 56001-7547
Transaction Type	Mortgage
Record Updated	Jan 25, 2019

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	T132899
Date	Apr 16, 2018
Instrument	T132899

Lender

Name	COLD SPRING GRANITE CO
Type	Funding / Finance Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	12 Months
Due	Apr 14, 2019

Interest

Rate Type	Fixed Rate

Tax Assessment & Valuation

The 2026 property tax bill for 23894 3rd Ave was $11,438.

Source: Blue Earth County assessment roll, as of May 12, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Blue Earth County
County Subdivision	Lime Township
Unified School District	Mankato Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$11,438.00	$504,200 (-) Land $85,500 Building $418,700	$504,200 (-) Land $85,500 Building $418,700
2025		$504,200 (-) Land $85,500 Building $418,700	$504,200 (-) Land $85,500 Building $418,700
2024	$10,636.00 (+5.02%)	$504,200 (+2%) Land $85,500 Building $418,700	$504,200 (+2%) Land $85,500 Building $418,700
2023	$10,128.00	$494,300 Land $75,500 Building $418,800	$494,300 Land $75,500 Building $418,800

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 23894 3rd Ave in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective March 11, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	3 (1993–2016)
Claims Outside the SFHA	3 of 3
Most Recent Claim	Sep 2016 · other causes

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 23894 3rd Ave is low, with a 0.03% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 67% of the US · above 57% of Minnesota
Wildfire Likelihood	0.03% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 7 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Starlink Satellite	280 / 30
Midco Fixed Wireless	100 / 20
Fidium Fiber DSL	10 / 1

May also be available: GigFire.

Cell Coverage

5G (outdoors only) and 4G LTE

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