Property profile

501 16th NE Ave Austin, MN 55912

OFF-MARKET
Office buildings
Property ID
US46-2290463
111,238 SF 15.9 ac lot Built 1965
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1965
Total area 111,238 SF
Lot 15.9 ac (692,604 SF)
APN 34.905.0110
UPID US46-2290463

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
  • Electric Vehicle Charging Station

Location

501 16th NE Ave Austin, MN 55912-4935
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
$5.28M
Blend (final) Blend
$5.66M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Retail stores $8.9M +6.1%

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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