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    Property profile & analytics

    709 21st NE St Austin, MN 55912-4166

    • Grocery and convenience stores
    • 1,827 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Last Sale
    Aug 11, 2021
    $225,000
    Location Intelligence
    Property ID
    US46-2426077
    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

    • Grocery and convenience stores

    Property Details for 709 21st NE St

    Year built
    1969
    Lot size
    0.77 lot acres
    Property size
    1,827 SF
    Property type
    Grocery and convenience stores
    APN
    34.190.4160
    APU
    341904160

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $210,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $250,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $240,000
      Retail
      $205,000
      Mixed-Use
      $225,000
      Hospitality
      $225,000
      Educational
      $240,000
      Residential Income
      $245,000
      Energy
      $225,000
      Income-Based Land
      $225,000
      Food Service
      $190,000

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Mower
    State
    Minnesota
    Longitude
    -92.94
    Latitude
    43.6725
    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
    $5,596
    $96,400
    $159,700
    $256,100
    -
    $96,400
    $159,700
    $256,100

    Comparable in this City

    • Value Estimation by Request
      7,822 SF

      1509 10th NE Pl

      CONVENIENCE STORE • 7,822 SF
      1509 10th NE Pl, Austin, MN 55912-4088
      View Details
    • Value Estimation
      $145,000
      2,600 SF

      900 12th SW St

      CONVENIENCE STORE • 2,600 SF
      900 12th SW St, Austin, MN 55912
      View Details
    • Value Estimation
      $440,000
      5,819 SF

      3401 Oakland Ave

      CONVENIENCE STORE • 5,819 SF
      3401 Oakland Ave, Austin, MN 55912-5501
      View Details
    • Value Estimation by Request
      85,056 SF

      1307 18th NW Ave

      GROCERY, SUPERMARKET • 85,056 SF
      1307 18th NW Ave, Austin, MN 55912-1857
      View Details
    • Value Estimation
      $1,325,000
      2,358 SF

      901 4th NE Ave

      CONVENIENCE STORE • 2,358 SF
      901 4th NE Ave, Austin, MN 55912-3743
      View Details
    • Value Estimation
      $520,000
      3,384 SF

      1201 Oakland Ave

      CONVENIENCE STORE • 3,384 SF
      1201 Oakland Ave, Austin, MN 55912-2243
      View Details

    Similar Nearby for Sale

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      Walgreens Investment Opportunity

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      Turnkey brewery and ice cream shop with loyal customer base.
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      Established Car Wash Business Opportunity

      Operating car wash and detail shop with 90-foot tunnel.
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      Austin Car Wash & Detail Shop

      Established Business, High Revenue
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    Similar Nearby for Lease

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      1,461 SF

      Prime Retail Space in Austin

      1461 sq ft retail space in a high-traffic location.
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    • Contact for pricing
      90,461 SF

      Former Shopko Retail Space Available

      Large parking, great visibility, and a pylon sign.
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    • $120 SF/Yr
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      Austin Mixed-Use Building For Sale

      Prime Austin Location, 5000 sq ft, Flexible Space
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    • $164 SF/Yr
      56,503 SF

      Prime 700 SF Office Space Available

      Move-in ready office suite in established building.
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      View Details
    • $7 SF/Yr
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      Prime Industrial Warehouse Space

      Large Warehouse, Office, & Yard Space
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    Property Visit Statistics

    • Visits by month
      5.5k
    • Visitors by month
      4.3k
    • Avg Time on site
      5 min
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    709 21st NE St
    Austin, MN 55912-4166
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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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