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Property profile & analytics

501 11th NE St Austin, MN 55912-4044

  • Commercial real estate
  • 11,664 SF
  • 4.34 lot acres
OFF-MARKET
Value Estimations
$530,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US46-2329233
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 501 11th NE St

Year built
2008
Lot size
4.34 lot acres
Property size
11,664 SF
Property type
Commercial real estate
APN
34.224.0070
APU
342240070

Description

This exceptional commercial property, located at 501 11th Street NE in Austin, Minnesota, presents a unique investment opportunity. The 5,000 square foot facility sits on a 4.34-acre lot and is a fully operational and profitable truck washing business situated within Austin's Opportunity Zone. The business is equipped to handle a wide range of vehicles, including fleet vehicles, tour buses, and RVs. Key features include a robust and efficient water management system, boasting a 60,000-gallon-per-day Dissolved Air Flotation (DAF) system for superior cleaning. Three high-pressure washers, three high-volume water pumps, and readily available soap, wax, and spot-free rinse solutions ensure efficient and high-quality cleaning services. Waste management is handled by a 60,000-gallon-per-day digester, complemented by a chip/solids/water separator for environmental responsibility. Heavy-duty equipment includes a Bobcat with skid loader, enhancing operational efficiency and versatility. Detailed financial performance data, including Profit and Loss statements, are available for qualified prospective buyers upon request, providing a transparent view of the business's financial health and potential for future growth. This turnkey operation offers immediate income generation and significant potential for expansion within a thriving market. The property's location within an Opportunity Zone adds further investment appeal.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $540,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Austin
County
Mower
State
Minnesota
Longitude
-92.9596
Latitude
43.6706
CBSA code
12380
CBSA name
AUSTIN, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,224
$154,700
$714,000
$868,700
-
$154,700
$714,000
$868,700
More about this property
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