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Property profile & analytics

620 Howard St Hibbing, MN 55746

  • Commercial real estate
  • 16,559 SF
Value Estimation
Location Intelligence
Property ID
US46-3015608
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

  • Tactran Inc Buses / Transportation Service

Property Details for 620 Howard St

Year built
1924
Property size
16,559 SF
Property type
Commercial real estate
APN
140-0070-01140
APU
140007001140

Description

This exceptional commercial property at 620 E Howard Street in Hibbing, Minnesota, presents a unique investment opportunity. The main structure, a substantial brick building boasting significant architectural detail, offers a generous 3,789 square feet of garage space, ideal for various commercial uses. The building's character is undeniable, offering a blend of historical charm and practical functionality. In addition to the main garage, a secondary garage space is located to the west, sharing a wall with the main building and accessible via an overhead door opening onto the alley. This secondary garage is entered at the southwest corner of the main structure. The property also includes a significant amount of office space, perfectly suited for administrative functions or potential conversion to additional commercial uses. An upstairs area provides ample space for creative development, offering flexibility for expansion or adaptation to suit specific business needs. Situated on a 0.33-acre lot, this property offers convenient access and visibility in the heart of downtown Hibbing. The total building size is 782 square feet. The asking price for this remarkable property is $279,900. This is a rare opportunity to acquire a well-located, versatile commercial property with substantial potential for growth and return on investment. The property's unique blend of garage and office space makes it suitable for a wide range of businesses. Don't miss this chance to own a piece of Hibbing's vibrant commercial landscape.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $350,000
  • CAP approach

    CAP return
    Estimation
    6%
    $355,000
    6.5%
    $380,000
    7%
    $335,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $415,000
    Geo Method
    $390,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $375,000
    Retail
    $390,000
    Mixed-Use
    $340,000
    Hospitality
    $385,000
    Educational
    $375,000
    Residential Income
    $390,000
    Energy
    $425,000
    Income-Based Land
    $350,000
    Food Service
    $320,000

Location Insight

  • Map
  • Local Demand
City
Hibbing
County
St. Louis
State
Minnesota
Longitude
-92.9343
Latitude
47.4272
CBSA code
20260
CBSA name
DULUTH, 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
$3,242
$37,800
$105,000
$142,800
-
$37,800
$105,000
$142,800
More about this property
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