Property profile

1752 N Frontage Rd Hastings, MN 55033

FOR SALE
Retail properties & Spaces
Property ID
US46-0252580
231,725 SF 21.06 ac lot Built 2002
Entity Owned Free & Clear
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Electronics Vending Machine
  • Physician
  • Take-out & Catering Catering Service
  • Locksmith (Bike/Boat/Book/etc) Store
  • Tech Support Center (Bike/Boat/Book/etc) Store

Location

1752 N Frontage Rd Hastings, MN 55033
Hastings metro Census 61102 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message