Property profile

1609 31st SW St Austin, MN 55912

OFF-MARKET
Warehouses
Property ID
US46-2426558
6,800 SF 1.55 ac lot Built 2016
Individually Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2016
Total area 6,800 SF
Lot 1.55 ac (67,518 SF)
APN 02.005.0063
UPID US46-2426558

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Storage Facility

Location

1609 31st SW St Austin, MN 55912-6104
Austin metro Census 900 AUSTIN, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$567k
Blend (final) Blend
$325k

Owner & transaction history

since 2011
2 recorded transactions
2016
Price N/A
2011
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $545,000 +38.2%
Office building $515,000 +30.2%
Commercial (general) $415,000 +4.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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