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    FOR SALE
    Retail properties & Spaces

    1752 N Frontage Rd, Hastings, MN 55033

    231,725 SF 21.06 ac lot Built 2002
    Entity Owned Free & Clear
    Property ID
    US46-0252580
    Property summary
    AI-generated overview

    This exceptional 1.35-acre commercial land parcel presents a prime development opportunity in Hastings, Minnesota. Strategically located at 1752 N Frontage Rd, this property boasts unparalleled visibility from Highway 55, ensuring high traffic exposure for any commercial venture. The land is classified as commercial and is part of a Walmart outparcel, benefiting from the significant foot traffic and established retail presence of the adjacent Walmart store. Situated in Dakota County, the property offers easy access to major transportation routes, making it an ideal location for businesses seeking convenient access for customers and employees. The 55033 zip code further underscores its strategic location within a thriving community. This 1.35-acre lot provides ample space for a variety of commercial developments, from retail establishments to restaurants or other service-oriented businesses. The property's high visibility and convenient location make it an attractive investment opportunity with significant potential for growth and return. Detailed site plans and surveys are available upon request. This is a rare opportunity to acquire a highly visible commercial lot in a prime retail location. Don't miss out on this exceptional chance to establish your business in a thriving community.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group DEPARTMENT STORE
    Year built 2002
    Construction CONCRETE
    Total area 231,725 SF
    Lot 21.06 ac (917,374 SF)
    APN 19-82000-01-010
    UPID US46-0252580
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ecoATM Electronics Vending Machine
    • Marshall Tillman OD/Modern Eyecare Associates Physician
    • Subway Take-out & Catering Catering Service
    • Minute Key Locksmith (Bike/Boat/Book/etc) Store
    • Walmart Business Center Tech Support Center (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $18.65M
    Owner & transaction history
    WALMART REAL EST BUSINESS TRUST
    WALMART REAL EST BUSINESS TRUST
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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