Property profile

2681 Hwy 70 Babbitt, MN 55706

OFF-MARKET
Commercial real estate
Property ID
US46-1932592
12,436 SF 3.43 ac lot Built 2014
Individually Owned ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2014
Total area 12,436 SF
Lot 3.43 ac (149,411 SF)
APN 105-0090-00015
UPID US46-1932592

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2681 Hwy 70 Babbitt, MN 55706-8111
Babbitt metro Census 15401 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
$1.84M
Blend (final) Blend
$375k

Owner & transaction history

since 2026
5 recorded transactions
2026
$806,699
2025
$700,000
2023
Price N/A
2018
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Industrial (general) $1.8M +37.1%

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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