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Financial
Distress signals
Property profile

2667 Highway 70 Babbitt, MN 55731

FOR SALE
Other commercial real estate
Property ID
US46-1911756
2,840 SF 3.22 ac lot Built 1958
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
2667 Highway 70, Babbitt, MN 55731 For Sale 1 / 27
$189,000 2,840 SF
2667 Highway 70, Babbitt, MN 55731
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Property summary

AI-generated overview

This retail storefront property is classified as retail/ commercial real estate and comprises approximately 2,840 square feet of total building area, configured for a straightforward storefront use. The building is located at 2667 Highway 70 in Babbitt, Minnesota (55706), providing a highway-addressed presence along the corridor intended to serve the surrounding local market from an identifiable storefront footprint.

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 · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value · 2022$158k
Assessed land$26k
Assessed improvement$132k
Effective rate3.10%

Value estimate

· Oct 2026
$275k
$248k – $303k
Submarket $/SF estimate$538k

Realmo valuation models over county records and 23 qualifying comparable sales.

Recently sold

What actually traded nearby?
$106/SF
County average, outlier-cleaned · 689 recorded sales of this use type
Observed band · Q1–Q3$47 – $190
Qualifying comparables23

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.

JurisdictionST LOUIS

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply8.9
Electrical Service8.8
Storage Facility8.4

Location

2667 Highway 70 Babbitt, MN 55731
County assessor Recorded deeds · 5 transfers 23 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12 Poplar, Babbitt, MN 55706-1100 $190,000 Jun 2023 7,000 SF
23 Commerce, Babbitt, MN 55706-1117 $144,100 Mar 2023 2,400 SF
Babbitt, MN 55706 $154,121 Mar 2023 7,000 SF
16 Alder, Babbitt, MN 55706-1123 $25,000 Jan 2023 3,910 SF
2649 Hwy 70, Babbitt, MN 55706-8110 $185,000 Jul 2021 4,000 SF
37 Central, Babbitt, MN 55706-1197 $1,503,751 Feb 2021 2,016 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

Comparable nearby

  • Value Estimation by Request
    2,400 SF
    23 Commerce Rd
    COMMERCIAL (GENERAL)
    23 Commerce Rd, Babbitt, MN 55706-1117
    View Details
  • Value Estimation
    $220,000
    2,240 SF
    25 Commerce Rd
    COMMERCIAL (GENERAL)
    25 Commerce Rd, Babbitt, MN 55706-1117
    View Details
  • Value Estimation
    $140,000
    3,910 SF
    16 Alder Rd
    COMMERCIAL (GENERAL)
    16 Alder Rd, Babbitt, MN 55706-1123
    View Details
  • Value Estimation
    $195,000
    4,000 SF
    2649 Hwy 70
    COMMERCIAL (GENERAL)
    2649 Hwy 70, Babbitt, MN 55706-8110
    View Details
  • Value Estimation
    $325,000
    4,928 SF
    8304 Robert St
    COMMERCIAL (GENERAL)
    8304 Robert St, Babbitt, MN 55706
    View Details
  • Value Estimation
    $285,000
    1,421 SF
    25 Central Blvd
    COMMERCIAL (GENERAL)
    25 Central Blvd, Babbitt, MN 55706-1129
    View Details
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