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    1400 18Th Ave NW Austin, MN 55912

    For Sale
    $499,900

    Lots & Land - Austin, MN

    Lot size:
    1.98 Acres
    Days on Market:
    278
    Last Refresh:
    Dec 15 at 7:06 am

    Property Features for 1400 18Th Ave NW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    345220410
    Lot size
    1.98 Acres

    Building Details

    Architectural style
    Other

    Real Broker LLC (612) 600-6000 [email protected]

    Listing agent Matt Bartholomew (612) 600-6000

    Listing date Mar 13, 2025

    MLS# 6678023 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Austin Commercial Land for Development

    This property presents an opportunity to develop 1.98 acres in Austin’s NW Commercial/Business District. It is zoned B-2. The site is located just north of Runnings and Walmart, at the intersection of Hwy 218 and 21st Ave NW. An estimated 6,000+ vehicles pass this site daily, with even more in the nearby vicinity. The location is a short drive from Interstate 90. Utilities are on site. Other major brands nearby include Holiday Inn, Hy-Vee, Ashley Furniture, Rooms and Rest, and Marshalls. Daily traffic count information and the year the counts were studied are noted in the provided photos.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Mower
    State
    Minnesota
    Longitude
    -92.992218
    Latitude
    43.688113

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    FAQs

    What type of property is this?
    Commercial land - 1.98 acres in Austin's NW Commercial/Business District.
    Where is this commercial land located?
    The property is located at 1400 18Th Ave NW Austin, MN.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Prime development opportunity on 1.98 acres in Austin's NW Commercial/Business District.; - B-2 Zoning allows for a wide range of commercial uses.; - High traffic location: 6,000+ vehicles pass the site daily.
    (612) 600-6000
    Request Owner's contact information
    1400 18Th Ave NW Austin, MN 55912
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    Austin, MN 55912
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1400 18Th Ave NW Austin, MN 55912
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