Property profile

2413 1st Ave Hibbing, MN 55746

OFF-MARKET
Apartment buildings
Property ID
US46-0479424
11,344 SF Built 1925
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1925
Total area 11,344 SF
APN 140-0200-02680
UPID US46-0479424

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
  • Medical Clinic

Location

2413 1st Ave Hibbing, MN 55746-2101
Hibbing metro Census 12200 DULUTH, 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
$889k
Blend (final) Blend
$370k

Owner & transaction history

since 2011
7 recorded transactions
2020
Price N/A
2020
Price N/A
2011
$125,000
2009
$51,000
2008
$1.5M
2006
$1.0M
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $715,000 +105.3%

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
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