Realmo Analytics

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Financial
Distress signals
Property profile

111 3Rd St E Hastings, MN 55033

FOR SALE
Bars & Pubs
Property ID
US46-0633625
8,320 SF 0.2 ac lot Built 1957
Last sale Apr 2019 · $423,936
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$11k
Tax billed · 2023
Assessed value · 2022$370k
Assessed land$111k
Assessed improvement$259k
Effective rate2.88%

Value estimate

· Oct 2026
$250k
$225k – $275k
AI approach$250k
NOI build-up
Gross scheduled income$150k
Vacancy & credit loss−$24k
Operating expenses−$38k
NOI · 9.75% cap applied$88k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$194/SF
County average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$91 – $288
Qualifying comparables4

Cap rate analysis

How does the asset earn?
9.75%
$88k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
R
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 agency17.0
Building Supply10.7
Kitchen & Bath10.4

Location

111 3Rd St E Hastings, MN 55033
County assessor Recorded deeds · 8 transfers 4 qualifying comp sales Zoning catalog

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14535 240th E, Hastings, MN 55033-9068 $350,000 Dec 2025 11,144 SF
2950 Lightbourn, Hastings, MN 55033-4100 $1,100,000 Mar 2025 10,508 SF
18200 Kirby S, Hastings, MN 55033-9340 $1,200,000 Nov 2024 6,288 SF
1250 Frontage, Hastings, MN 55033-1296 $1,040,000 Mar 2024 7,978 SF
100 Sibley, Hastings, MN 55033-1223 $600,000 May 2023 9,900 SF
202 2nd E, Hastings, MN 55033-1204 $440,000 Apr 2021 6,470 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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