1400 18Th AveAustin, MN 55912

Property Details for 1400 18Th Ave

Lot size

5.03 AC

Property type

Commercial real estate

APN

34.522.0420

APU

345220420

Description

This exceptional 1.98-acre commercial land parcel presents a prime development opportunity in Austin, Minnesota's thriving Northwest Commercial/Business District. Strategically located at the intersection of Highway 218 and 21st Avenue NW, this property boasts exceptional visibility and accessibility. With an estimated daily traffic count exceeding 6,000 vehicles, and many more in the immediate vicinity, this site offers unparalleled exposure for any commercial venture. The B-2 zoning allows for a wide range of development possibilities. The property's advantageous location places it just north of established retail giants such as Runnings and Walmart, ensuring high foot traffic and brand synergy. Furthermore, its proximity to Interstate 90 provides easy access for regional and national clientele. Other major brands in the immediate area include Holiday Inn, Hy-Vee, Ashley Furniture, Rooms and Rest, and Marshalls, solidifying the area's robust commercial landscape. Utilities are conveniently located on-site, simplifying the development process. This is an exceptional opportunity to capitalize on a high-traffic location in a rapidly growing area. Don't miss this chance to build your business in a prime Austin location. The asking price is $499,900.

• Alternative Use

  Use

  Valuation

  Residential

  $41,283,332

  Hospitality

  $37,815,308

  Educational

  $31,461,894

  Medical

  $32,543,916

  Retail

  $48,940,724

Location Insight

City

Austin

County

Mower

State

Minnesota

Latitude

43.687

Longitude

-92.9903

CBSA code

12380

CBSA name

AUSTIN, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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