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    990 W 41St St Hibbing, MN 55746

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    For Lease
    $5 SF/Yr

    Prime retail location in Hibbing, MN with recent renovations.

    Property size:
    88,842 SF
    Lot size:
    27.96 Acres

    Property Features for 990 W 41St St

    General Information

    Size
    88,842 SF
    Lot size
    27.96 Acres

    Source: Greg Follmer Commercial Real Estate Agent Greg Follmer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space with Recent Renovations

    This retail property, located in Hibbing, MN, offers 88842 square feet of space. The property has undergone over $1 million in renovations, including a new roof and parking lot. Positioned within a retail corridor, the location offers prime visibility. The property is suitable for retail use.
    Location Intelligence

    Current Use by Public Records

    Iron Range Computer ... Computer Support And Services Irongate Business Center Silver Birch Gift ... Gift Shop Hibbing VA Clinic Medical Clinic Matuszak Tami J Doctor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hibbing
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.9561425
    Latitude
    47.3982426

    Nearby Similar for Lease

    • $9 SF/Yr
      1,985 SF

      Hibbing Office Space For Rent

      Well-maintained office space in a well-known location.
      211 E Howard St, Hibbing, MN 55746
      View Details

    FAQs

    What type of property is this?
    Shopping center - Prime retail location in Hibbing, MN with recent renovations.
    Where is this shopping center located?
    The property is located at 990 W 41St St Hibbing, MN.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location with High Visibility; - Over $1 Million in Recent Renovations; - New Roof
    (218) 310-0013
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    Hibbing, MN 55746
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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
    990 W 41St St Hibbing, MN 55746
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