Property profile

725 Spiral Blvd Hastings, MN 55033

FOR LEASE
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Property ID
US46-0937217
35,675 SF 2.12 ac Built 1978
Last sale Jul 2023·$900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

Unit A in the Hastings, Minnesota Industrial Park is a dedicated warehouse space offering 1,440 square feet of warehouse area with 16-foot clear ceiling height, suited for light industrial storage and distribution uses. The property is zoned I-1 and is configured as an individual warehouse unit within the industrial park, with utilities provided on a prorated basis.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$29k
Tax billed · 2023
Assessed value · 2022$1.03M
Assessed land$194k
Assessed improvement$840k
Effective rate2.82%

Value estimate

· Nov 2026
$1.25M
$1.12M – $1.37M
AI approach$1.30M
Submarket $/SF estimate$805k
NOI build-up
Gross scheduled income$134k
Vacancy & credit loss−$35k
Operating expenses−$25k
NOI$74k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$84/SF
County average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$59 – $125
Qualifying comparables6

Cap rate analysis

How does the asset earn?
$74k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDAKOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.6
Dental Office21.0
Restaurant20.1

Location

725 Spiral Blvd Hastings, MN 55033
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
515 Spiral, Hastings, MN 55033-3650 $3,600,000 Nov 2024 39,116 SF
624 Spiral, Hastings, MN 55033-3667 $1,200,000 Mar 2022 23,070 SF
12181 Margo S, Hastings, MN 55033-8420 $1,300,000 Aug 2021 56,168 SF
671 31st E, Hastings, MN 55033 $800,000 Mar 2021 17,600 SF
Hastings, MN 55033 $2,168,318 Aug 2020 32,310 SF
990 Spiral, Hastings, MN 55033-3694 $2,168,318 Aug 2020 32,310 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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