Property summary
This exceptional 2,128 square foot commercial office space is ideally situated in Austin, Minnesota, at 504 12th Avenue NW. Benefitting from a highly desirable location, this property enjoys excellent visibility and accessibility, boasting close proximity to the Austin Mayo Healthcare facility and Interstate 90. The high daily traffic counts on surrounding roadways—13,800 vehicles on 4th Street NW, 23,298 on Interstate 90, and 9,000 on 1st Drive NW—present a significant opportunity for businesses seeking high exposure. This versatile space is suitable for a variety of uses, including office or retail operations. The property includes a significant advantage: 15 dedicated, hard-surfaced off-street parking spaces, meticulously maintained by the property owner, ensuring convenient parking for employees and clients. The 0.53-acre lot provides ample space and enhances the property's overall appeal. This is a rare opportunity to secure a well-located commercial space in a thriving area with excellent traffic flow. Detailed room dimensions are available upon request. Contact us today to arrange a viewing.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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