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Financial
Distress signals
Property profile

1309 Vermillion St Hastings, MN 55033

OFF-MARKET
Turn key restaurants
Property ID
US46-3250199
4,650 SF 1.09 ac lot Built 1979
Last sale Jun 2026 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 8,000-square-foot QSR/restaurant in Hastings, MN, presents a compelling investment opportunity. Located on Vermillion Street, a high-traffic area with 27,900 vehicles per day, the property boasts excellent visibility. The building, constructed in 1979 and extensively remodeled in 2020, features a drive-thru, a full kitchen with a 24-foot hood, and all kitchen equipment is included in the sale. The 1.09-acre lot provides ample parking for 48 vehicles. Currently leased to Taste of Tayb…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value · 2022$703k
Assessed land$397k
Assessed improvement$306k
Effective rate2.74%

Value estimate

· Oct 2026
$865k
$779k – $952k
AI approach$855k
Submarket $/SF estimate$536k

Realmo valuation models over county records and 9 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 comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency24.6
Law Firm16.3
Parking Facility11.8

Location

1309 Vermillion St Hastings, MN 55033-2843
County assessor Recorded deeds · 4 transfers 9 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
106 2nd E, Hastings, MN 55033-1202 $480,000 Jan 2023 4,536 SF
2610 Industrial, Hastings, MN 55033-3600 $400,000 Sep 2022 3,600 SF
1292 Frontage, Hastings, MN 55033-2359 $478,500 Jul 2022 5,304 SF
108 2nd E, Hastings, MN 55033-1202 $227,775 Aug 2021 4,596 SF
1702 Market, Hastings, MN 55033-1263 $2,115,000 Feb 2021 3,679 SF
111 2nd E, Hastings, MN 55033-1265 $385,000 Jul 2020 4,690 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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