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    504 12Th Ave Austin, MN 55912

    • Retail space
    • 6,945 SF
    • 0.58 lot acres
    For Sale
    View listing
    $2,200
    Value Estimation
    Location Intelligence
    Property ID
    US46-2510067
    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

    • Retail space

    Property Details for 504 12Th Ave

    Year built
    1934
    Lot size
    0.58 lot acres
    Property size
    6,945 SF
    Property type
    Retail space
    APN
    34.900.0100
    APU
    349000100

    Description

    This exceptional 2,128 square foot commercial office space is ideally situated in Austin, Minnesota, at 504 12th Avenue NW. Benefitting from a highly desirable location, this property enjoys excellent visibility and accessibility, boasting close proximity to the Austin Mayo Healthcare facility and Interstate 90. The high daily traffic counts on surrounding roadways—13,800 vehicles on 4th Street NW, 23,298 on Interstate 90, and 9,000 on 1st Drive NW—present a significant opportunity for businesses seeking high exposure. This versatile space is suitable for a variety of uses, including office or retail operations. The property includes a significant advantage: 15 dedicated, hard-surfaced off-street parking spaces, meticulously maintained by the property owner, ensuring convenient parking for employees and clients. The 0.53-acre lot provides ample space and enhances the property's overall appeal. This is a rare opportunity to secure a well-located commercial space in a thriving area with excellent traffic flow. Detailed room dimensions are available upon request. Contact us today to arrange a viewing.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $195,000
      6.5%
      $220,000
      7%
      $230,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $210,000
      Mixed-Use
      $240,000
      Hospitality
      $240,000
      Educational
      $250,000
      Residential Income
      $255,000
      Energy
      $250,000
      Income-Based Land
      $245,000
      Food Service
      $210,000

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Mower
    State
    Minnesota
    Longitude
    -92.9801
    Latitude
    43.6779
    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
    2022
    $10,870
    $172,200
    $276,400
    $448,600
    -
    $172,200
    $276,400
    $448,600

    Comparable in this City

    • Value Estimation by Request
      9,120 SF

      21943 630th Ave

      RETAIL STORES (PERSONAL SERVICES) • 9,120 SF
      21943 630th Ave, Austin, MN 55912-6401
      View Details
    • Value Estimation
      $405,000
      3,584 SF

      404 1st SW Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,584 SF
      404 1st SW Ave, Austin, MN 55912
      View Details
    • Value Estimation
      $390,000
      8,520 SF

      1902 8th NW St

      RETAIL STORES (PERSONAL SERVICES) • 8,520 SF
      1902 8th NW St, Austin, MN 55912-2475
      View Details
    • Value Estimation
      $320,000
      4,644 SF

      324 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,644 SF
      324 Main St, Austin, MN 55912-3406
      View Details
    • Value Estimation
      $495,000
      14,900 SF

      504 Main St

      RETAIL STORES (PERSONAL SERVICES) • 14,900 SF
      504 Main St, Austin, MN 55912-3312
      View Details
    • Value Estimation
      $100,000
      1,494 SF

      609 10th SE Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,494 SF
      609 10th SE Dr, Austin, MN 55912-3870
      View Details

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    504 12Th Ave
    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
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