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    Property profile & analytics

    408 4th NW Ave Austin, MN 55912-3039

    • Office buildings
    • 1,458 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $145,000
    Last Sale
    Nov 01, 2021
    $150,000
    Location Intelligence
    Property ID
    US46-3147381
    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

    • Office buildings

    Property Details for 408 4th NW Ave

    Year built
    1963
    Lot size
    0.18 lot acres
    Property size
    1,458 SF
    Property type
    Office buildings
    APN
    34.460.0200
    APU
    344600200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Mower
    State
    Minnesota
    Longitude
    -92.9794
    Latitude
    43.6702
    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
    2023
    $0.00
    $31,100
    $114,800
    $145,900
    -
    $31,100
    $114,800
    $145,900

    Comparable in this City

    • Value Estimation by Request
      111,238 SF

      501 16th NE Ave

      OFFICE BUILDING • 111,238 SF
      501 16th NE Ave, Austin, MN 55912-4935
      View Details
    • Value Estimation by Request
      1,404 SF

      209 4th NE Ave

      PROFESSIONAL BUILDING • 1,404 SF
      209 4th NE Ave, Austin, MN 55912-3307
      View Details
    • Value Estimation
      $165,000
      2,100 SF

      1202 Main St

      OFFICE BUILDING • 2,100 SF
      1202 Main St, Austin, MN 55912-3361
      View Details
    • Value Estimation
      $810,000
      21,131 SF

      1005 Main St

      OFFICE BUILDING • 21,131 SF
      1005 Main St, Austin, MN 55912
      View Details
    • Value Estimation
      $210,000
      1,678 SF

      811 Oakland Ave

      OFFICE BUILDING • 1,678 SF
      811 Oakland Ave, Austin, MN 55912-2343
      View Details
    • Value Estimation
      $420,000
      6,889 SF

      18431 State Hwy 105

      OFFICE BUILDING • 6,889 SF
      18431 State Hwy 105, Austin, MN 55912-6147
      View Details

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    Similar Nearby for Lease

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    • $7 SF/Yr
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    • $14 SF/Yr
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    408 4th NW Ave
    Austin, MN 55912-3039
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    Realmo Value Estimation

    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.

    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.

    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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