Property profile

3714 4th NW St Austin, MN 55912

OFF-MARKET
Warehouses
Property ID
US46-2721743
11,920 SF 4.16 ac lot Built 2009
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 700-square-foot office space is immediately available for lease within a larger commercial building. Located in a convenient and accessible area, this turnkey solution is perfect for a small business or individual professional seeking a professional and efficient workspace. The suite offers 550 square feet of dedicated office space, ideal for a team or individual requiring a private and productive environment. The building itself boasts a total of 56,503 square feet and was constructed in 1940. This single-story building features ample parking with 15 spaces available for tenants and visitors. The property is zoned for commercial use and is conveniently located. The minimum leasable space is 700 square feet, and the maximum contiguous space available is also 700 square feet. The lease term is a preferred 5-year agreement, with a gross monthly rent of $800. This is a fantastic opportunity for a business seeking a hassle-free move-in experience, with all the benefits of a well-maintained and established commercial location. The property's APN is 080220050. Don't miss this chance to secure your ideal workspace.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2009
Total area 11,920 SF
Lot 4.16 ac (181,210 SF)
APN 08.027.0060
UPID US46-2721743

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

3714 4th NW St Austin, MN 55912-6306
Austin metro Census 100 AUSTIN, MN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
$654k
Blend (final) Blend
$385k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $960,000 +38.2%
Office building $905,000 +30.2%
Commercial (general) $725,000 +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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