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    Property profile & analytics

    1305 18th NW Ave Austin, MN 55912-1857

    • Drive through restaurants
    • 3,713 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    $2,180,000
    Last Sale
    Mar 24, 2021
    $2,025,000
    Location Intelligence
    Property ID
    US46-2406964
    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

    • Drive through restaurants

    Property Details for 1305 18th NW Ave

    Year built
    2004
    Lot size
    1.14 lot acres
    Property size
    3,713 SF
    Property type
    Drive through restaurants
    APN
    34.521.0040
    APU
    345210040

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,175,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,120,000
      6.5%
      $2,080,000
      7%
      $2,345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,935,000
      Geo Method
      $2,200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,280,000
      Retail
      $2,500,000
      Mixed-Use
      $2,555,000
      Hospitality
      $2,205,000
      Educational
      $2,515,000
      Residential Income
      $2,235,000
      Energy
      $1,955,000
      Income-Based Land
      $2,150,000
      Food Service
      $2,465,000

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Mower
    State
    Minnesota
    Longitude
    -92.9901
    Latitude
    43.6845
    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
    $24,626
    $321,000
    $582,800
    $903,800
    -
    $321,000
    $582,800
    $903,800

    Comparable in this City

    • Value Estimation
      $555,000
      4,368 SF

      1409 4th NW St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,368 SF
      1409 4th NW St, Austin, MN 55912-1802
      View Details
    • Value Estimation by Request
      4,233 SF

      1800 8th NW St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,233 SF
      1800 8th NW St, Austin, MN 55912-1489
      View Details
    • Value Estimation
      $280,000
      2,140 SF

      308 Oakland Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,140 SF
      308 Oakland Ave, Austin, MN 55912-3124
      View Details
    • Value Estimation
      $345,000
      1,956 SF

      1309 4th NW St

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,956 SF
      1309 4th NW St, Austin, MN 55912-2951
      View Details
    • Value Estimation by Request
      3,354 SF

      1406 4th NW St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,354 SF
      1406 4th NW St, Austin, MN 55912-1801
      View Details
    • Value Estimation
      $425,000
      2,464 SF

      1200 Oakland Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,464 SF
      1200 Oakland Ave, Austin, MN 55912-2244
      View Details

    Similar Nearby for Sale

    • New
      $375,000
      Pending

      Brewery and Ice Cream Shop

      Turnkey brewery and ice cream shop with loyal customer base.
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      Walgreens Investment Opportunity

      Austin, MN Walgreens - NNN Lease
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      Modern Self-Storage Facility For Sale

      Climate-controlled storage facility with outdoor parking on 4.2 acres.
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      Commercial property with office, shop, and parking in Austin, MN.
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      Gas station and convenience store with high-visibility location and income.
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    Similar Nearby for Lease

    • Contact for pricing
      90,461 SF

      Former Shopko Retail Space Available

      Large parking, great visibility, and a pylon sign.
      1209 18Th Ave NW, Austin, MN 55912
      View Details
    • $120 SF/Yr
      5,000 SF

      Austin Mixed-Use Building For Sale

      Prime Austin Location, 5000 sq ft, Flexible Space
      600 2Nd St, Austin, MN 55912
      View Details
    • $14 SF/Yr
      1,461 SF

      Prime Retail Space in Austin

      1461 sq ft retail space in a high-traffic location.
      803 18Th Ave NW, Austin, MN 55912
      View Details
    • $7 SF/Yr
      24,600 SF

      Prime Industrial Warehouse Space

      Large Warehouse, Office, & Yard Space
      409 11Th St, Austin, MN 55912
      View Details
    • $164 SF/Yr
      56,503 SF

      Prime 700 SF Office Space Available

      Move-in ready office suite in established building.
      3714 4Th St, Austin, MN 55912
      View Details

    Property Visit Statistics

    • Visits by month
      10.7k
    • Visitors by month
      8.3k
    • Avg Time on site
      15 min
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    Austin, MN 55912-1857
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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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