409 11th NE St Austin, MN 55912-4536
Property profile & analytics
409 11th NE St Austin, MN 55912-4536
- Warehouses
- 16,800 SF
- 2.36 lot acres
Property ID
US46-2082968
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 409 11th NE St
- Year built
- 2012
- Lot size
- 2.36 lot acres
- Property size
- 16,800 SF
- Property type
- Warehouses
- APN
- 34.447.0010
- APU
- 344470010
Description
This exceptional single-tenant industrial property boasts a total of 24,600 square feet, ideally suited for a variety of businesses. The space is intelligently divided to include a substantial 16,800 square foot storage facility, a climate-controlled warehouse spanning 5,000 square feet, and up to 2,800 square feet of well-appointed office space. Loading and unloading are efficient thanks to three 14' x 16' bay doors. Beyond the building itself, over two acres of land provide ample space for yard storage or parking, offering significant operational flexibility. This property enjoys a highly desirable location, offering convenient proximity to the Hormel Main Plant and the ease of access provided by its location just two minutes from Interstate 90. The combination of generous space, strategic layout, and prime location makes this an unparalleled opportunity for businesses seeking efficient and well-situated industrial space. This single-tenant property offers a unique chance to establish a strong presence in a thriving area. The climate-controlled warehouse ensures optimal conditions for sensitive materials or processes. The extensive yard space adds significant value, providing flexibility for outdoor operations or expanded storage. The proximity to major transportation routes and a significant employer makes this a highly attractive investment.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,065,000
- ML approach
- $760,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,082,000
Market price range: $432k - $1.40M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $980,000 Current use
- RETAIL STORES
- $1,350,000 Change: +38% Conversion: Moderate
- OFFICE BUILDING
- $1,275,000 Change: +30% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,025,000 Change: +5% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Mower
- State
- Minnesota
- Longitude
- -92.9594
- Latitude
- 43.6692
- 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
$21,762
$96,900
$632,500
$729,400
-
$96,900
$632,500
$729,400
