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    OFF-MARKET
    Land

    800 18Th Ave, Austin, MN 55912

    0.85 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional .85-acre commercial land parcel presents a compelling investment opportunity in Austin, Minnesota. Situated on 18th Ave NW within a thriving shopping district, this property boasts high visibility and exceptional access to major thoroughfares. The R-2 zoning allows for a variety of development options, including retail, residential, or mixed-use projects. Its strategic location offers proximity to key businesses such as Wal-Mart, Hy-Vee, auto parts stores, and hotels, ensuring high traffic volume and strong potential for success. The lot's convenient access to I-90 further enhances its appeal, providing easy connectivity for customers and employees. With a daily average traffic count of 7,672 vehicles, this property offers unparalleled exposure for any commercial venture. This is a rare opportunity to acquire a highly desirable commercial lot in a rapidly growing area. The asking price is $239,900. The property is located in Mower County, MN, zip code 55912.

    Property profile
    Verified
    Property type Land
    Lot 0.85 ac (37,026 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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