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Financial
Distress signals
Property profile

1640 Frontage Rd Hastings, MN 55033

OFF-MARKET
Office buildings
Property ID
US46-0559631
20,564 SF 1.49 ac lot Built 2007
Last sale Mar 2018 · $3,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This office space is located off Highway 55, across from the Dakota County Government Center, providing street-facing visibility suitable for signage. The space covers 2,016 square feet and is situated near area amenities.

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?
$86k
Tax billed · 2023
Assessed value · 2022$2.92M
Assessed land$537k
Assessed improvement$2.38M
Effective rate2.93%

Value estimate

· Oct 2026
$3.21M
$2.89M – $3.53M
CAP approach$4.19M
Submarket $/SF estimate$3.26M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$121/SF
County average, outlier-cleaned · 160 recorded sales of this use type
Observed band · Q1–Q3$91 – $165
Qualifying comparables3

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

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: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage17.2
Hair Salon16.9
Nail Salon14.6

Location

1640 Frontage Rd Hastings, MN 55033-2108
County assessor Recorded deeds · 3 transfers 3 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
220 Sibley, Hastings, MN 55033-1247 $900,000 Oct 2024 18,642 SF
215 Sibley, Hastings, MN 55033-1226 $425,000 Dec 2023 4,620 SF
218 2nd E, Hastings, MN 55033-1255 $593,000 Oct 2023 4,582 SF
121 2nd E, Hastings, MN 55033-1269 $425,000 Jan 2023 6,171 SF
1250 Frontage, Hastings, MN 55033-1519 $1,000,000 Jun 2022 14,288 SF
1206 Frontage, Hastings, MN 55033-2385 $425,000 Sep 2020 4,800 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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