Property profile

24002 Us Hwy 218 Austin, MN 55912

OFF-MARKET
Warehouses
Property ID
US46-2798773
20,400 SF 2.64 ac lot Built 2009
Entity Owned Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2009
Total area 20,400 SF
Lot 2.64 ac (114,998 SF)
APN 08.022.0030
UPID US46-2798773

Cap rate & NOI

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

Location

24002 Us Hwy 218 Austin, MN 55912
Austin metro Census 100 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
$1.27M
Blend (final) Blend
$610k

Owner & transaction history

since 2026
1 recorded transaction
2026
$1.3M

Zoning & alternative use

Top alternative use upside
Retail stores $1.6M +38.2%
Office building $1.5M +30.2%
Commercial (general) $1.2M +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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