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    Property profile & analytics

    3714 4th NW St Austin, MN 55912-6306

    • Warehouses
    • 19,696 SF
    • 4.89 lot acres
    OFF-MARKET
    Value Estimations
    $1,475,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US46-2026843
    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

    • Warehouses

    Property Details for 3714 4th NW St

    Year built
    1940
    Lot size
    4.89 lot acres
    Property size
    19,696 SF
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    08.022.0050
    APU
    80220050

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,641,000
      Market price range: $506k - $1.64M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,145,000
      Current use
      RETAIL STORES
      $1,585,000
      Change: +38% Conversion: Moderate
      OFFICE BUILDING
      $1,495,000
      Change: +30% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,200,000
      Change: +5% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Mower
    State
    Minnesota
    Longitude
    -92.9827
    Latitude
    43.7031
    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
    $14,470
    $119,200
    $1,261,700
    $1,380,900
    -
    $119,200
    $1,261,700
    $1,380,900

    Comparable in this City

    • Value Estimation
      $740,000
      9,072 SF

      1601 11th NE Dr

      MINI-WAREHOUSE, STORAGE • 9,072 SF
      1601 11th NE Dr, Austin, MN 55912-4087
      View Details
    • Value Estimation by Request
      1,400 SF

      2311 12th SW St

      MINI-WAREHOUSE, STORAGE • 1,400 SF
      2311 12th SW St, Austin, MN 55912-2828
      View Details
    • Value Estimation
      $2,345,000
      30,750 SF

      1201 27th NW Ave

      MINI-WAREHOUSE, STORAGE • 30,750 SF
      1201 27th NW Ave, Austin, MN 55912-1580
      View Details
    • Value Estimation by Request
      992 SF

      1003 3rd NE Ave

      MINI-WAREHOUSE, STORAGE • 992 SF
      1003 3rd NE Ave, Austin, MN 55912-3714
      View Details
    • Value Estimation by Request
      560 SF

      1813 4th SE Ave

      MINI-WAREHOUSE, STORAGE • 560 SF
      1813 4th SE Ave, Austin, MN 55912
      View Details
    • Value Estimation by Request
      9,135 SF

      704 18th NW Ave

      MINI-WAREHOUSE, STORAGE • 9,135 SF
      704 18th NW Ave, Austin, MN 55912-1849
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,000 SF

      Versatile Industrial Property with Office

      Warehouse, storage, and office space near Hormel plant and I-90.
      409 11Th St NE, Austin, MN 55912
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      13,000 SF

      Versatile Warehouse Space in Austin

      13,000 sqft warehouse with offices and loading docks.
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      12,224 SF

      Modern Self-Storage Facility For Sale

      Climate-controlled storage facility with outdoor parking on 4.2 acres.
      1719 10Th Dr SE, Austin, MN 55912
      View Details
    • $225,000
      0.18 Acres

      Commercial Property with Shop Space

      Commercial property with office, shop, and parking in Austin, MN.
      1007 3Rd Ave NE, Austin, MN 55912
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    • $1,650,000
      11,664 SF

      Profitable Truck Wash Business For Sale

      Operating truck wash business with equipment in Austin's Opportunity Zone.
      501 11Th St NE, Austin, MN 55912
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    • $51,300
      0.34 Acres

      Residential Lot in Established Neighborhood

      Building lot in established SW neighborhood, ready for new home.
      1604 18Th St SW, Austin, MN 55912
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    Similar Nearby for Lease

    • Contact for pricing

      Warehouse Space Near I-90

      2,000 sq ft warehouse with yard space near I-90.
      409 11Th St NE, Austin, MN 55912
      View Details
    • Contact for pricing

      Mixed-Use Space Near Main Street

      Two-level mixed-use building with finished basement near local amenities.
      600 2Nd St NW, Austin, MN 55912
      View Details
    • 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
    • Contact for pricing

      Development Opportunity Near I-90

      5.63 acres with parking and high visibility near I-90.
      400 31St St SW, Austin, MN 55912
      View Details
    • $13 SF/Yr
      700 SF

      Austin MN Retail Space Available

      700 square feet retail space available for lease in Austin.
      3714 4Th St NW, Austin, MN 55912
      View Details
    • Contact for pricing
      5,000 SF

      Spacious Two-Level Building for Rent

      5000 SF two-level building with finished basement in prime location.
      600 2Nd St NW, Austin, MN 55912
      View Details
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    3714 4th NW St
    Austin, MN 55912-6306
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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