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    31St St SW Austin, MN 55912

    For Sale
    $1,512,500

    Commercial - Austin, MN

    Lot size:
    60.50 Acres
    Days on Market:
    66
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 31St St SW

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    PID 34.875.0160 (50.00 Ac) and PID 34.87
    Parking features
    Garage
    Lot size
    60.50 Acres

    Building Details

    Architectural style
    Other

    National Land Realty, Minneapolis, MN (855) 384-5263

    Listing agent Terri Jensen (855) 384-5263

    Listing date Oct 7, 2025

    MLS# 11565565 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land with Interstate Frontage

    This 60.5-acre commercial land parcel offers significant visibility and accessibility, with its entire west boundary fronting US Interstate 90. A four-way cloverleaf at the property's northwest corner provides direct access and additional exposure. The property is located within the B-2 Community Business District, which allows for a wide array of permitted and conditional uses, including multi-family housing, institutional facilities, professional offices, restaurants, retail, hotels, microbreweries, light manufacturing, and recreational entertainment. All key utilities are in place, including water, sewer, electric, and natural gas. The property is within 5 miles of Austin Municipal Airport, 45 miles from Rochester Regional Airport, and approximately 95 miles from Minneapolis-St. Paul International Airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Austin
    County
    Mower
    State
    Minnesota
    Longitude
    -93.023361
    Latitude
    43.660697

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    FAQs

    What type of property is this?
    Commercial land - 60.5 acres with high visibility and easy interstate access.
    Where is this commercial land located?
    The property is located at 31St St SW Austin, MN.
    What is the asking price?
    The asking price for this property is $1,512,500.
    What are key features of this property?
    This property features: - Unmatched visibility and accessibility directly fronting US Interstate 90 with a four-way cloverleaf for direct access.; - All key utilities are already in place, enabling immediate development.; - Flexible B-2 Community Business District zoning allows for a wide array of permitted uses.
    (855) 384-5263
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    31St St SW 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
    31St St SW Austin, MN 55912
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