Financial
Distress signals
Property profile

404 1st SW Ave Austin, MN 55912

OFF-MARKET
Retail space
Property ID
US46-2645763
3,584 SF 0.29 ac lot Built 1970
Last sale Oct 2020 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$7k
Tax billed · 2022
Assessed value · 2023$371k
Assessed land$72k
Assessed improvement$299k
Effective rate1.96%

Value estimate

· Sep 2026
$385k
$347k – $424k
AI approach$360k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$80/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$29 – $98

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMOWER

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.4
Dry Cleaner9.1
Locksmith9.0

Location

404 1st SW Ave Austin, MN 55912
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
417 Main, Austin, MN 55912-3311 $437,500 Jul 2025 3,895 SF
2206 4th NW, Austin, MN 55912-1811 $237,352 Dec 2024 4,800 SF
120 3rd NW, Austin, MN 55912-3018 $160,000 Mar 2024 3,852 SF
903 Oakland, Austin, MN 55912-2215 $400,000 Oct 2023 4,800 SF
324 Main, Austin, MN 55912-3406 $340,000 Aug 2023 4,644 SF
315 Main, Austin, MN 55912-3407 $105,000 Sep 2022 4,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 404 1st SW Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message