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    1300 18Th Ave NW Austin, MN 55912

    For Sale
    $2,100,000

    Value-add retail property with national tenants and NNN leases.

    Property size:
    48,198 SF
    Lot size:
    4.46 Acres

    Property Features for 1300 18Th Ave NW

    General Information

    Size
    48,198 SF
    Lot size
    4.46 Acres

    Source: Paramark Corporation Agent Darci Fenske

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property with National Tenants

    This retail property, offered for sale, features national tenants and NNN leases. The tenant roster includes Sherwin Williams, Pizza Ranch, a dance studio, and a grocery store. The parking lot has been recently resurfaced. The property is positioned as a value-add opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Mower
    State
    Minnesota
    Longitude
    -92.990336
    Latitude
    43.684853

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    FAQs

    What type of property is this?
    Shopping center - Value-add retail property with national tenants and NNN leases.
    Where is this shopping center located?
    The property is located at 1300 18Th Ave NW Austin, MN.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - National Tenants provide reliable income.; - NNN Leases offer simplified management.; - Value Add Property with potential for increased returns.
    (507) 421-6556
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    1300 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
    1300 18Th Ave NW Austin, MN 55912
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