1594 HastingsNewport, MN 55055

  • Retail properties
  • 8,256 SF
Off market
$971,900 Estimated

Property Details for 1594 Hastings

Year built
1992
Lot size
0.37 AC
Property size (Sq ft)
8,256 SF
Property type
Retail properties
Property subtype
Strip malls
APN
36-028-22-21-0051
APU
3602822210051

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,231,325
    6.5%
    $2,059,685
    7%
    $1,912,564
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,061,893
    Geo Method
    $1,061,893
  • Alternative Use

    Use
    Valuation
    Residential
    $1,737,421
    Hospitality
    $1,591,468
    Educational
    $1,324,083
    Medical
    $1,369,620
    Retail
    $2,059,685
1594 Hastings, Newport, Minnesota
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Location Insight

City
Newport
County
Washington
State
Minnesota
Latitude
44.873
Longitude
-92.9991
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN 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
2023
$30,208
$101,800
$870,100
$971,900
-
$101,800
$870,100
$971,900

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