1400 14th NW St Austin, MN 55912-1401
This exceptional commercial property, located at 1400 14th Street NW in Austin, Minnesota, presents a lucrative owner-operator or investment opportunity. Boasting a prime location on one of Austin's busiest streets, with immediate proximity to four Interstate 90 on/off ramps, this property enjoys unparalleled visibility. An estimated 30,000+ vehicles pass daily, ensuring maximum exposure for the businesses operating on the site. A prominent 80+ foot pole sign, visible from I-90, further enhances the property's marketing potential. The main structure is a well-established gas station and convenience store, featuring five fuel dispensers with eight unleaded/premium hoses and two diesel hoses. A nearly 3,000 square foot lighted canopy covers the fueling area. The property also includes a fast-food restaurant operating under a lease agreement (franchise not included in sale), generating consistent rental income. Adding to the revenue streams are a busy car wash and a billboard. The property offers ample parking with over 50 spaces and two restrooms for customer convenience. Built in 2003 and featuring a newer roof, this 5,052 square foot building sits on a 2.37-acre lot, providing significant operational space and future development potential. This turnkey operation is ready for a new owner to capitalize on its established success and high-traffic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.