Property profile

2929 Hwy 316 Hastings, MN 55033

OFF-MARKET
Automotive properties
Property ID
US46-1011254
22,242 SF 5 ac lot Built 1985
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1985
Construction STEEL FRAME
Total area 22,242 SF
Lot 5 ac (217,800 SF)
Zoning code R
APN 19-32000-03-022
UPID US46-1011254

Cap rate & NOI

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

Location

2929 Hwy 316 Hastings, MN 55033-3922
Hastings metro Census 61109 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$985k

Owner & transaction history

since 2025
4 recorded transactions
2025
$3.6M
2011
$800,000
2010
Price N/A
1969
Price N/A

Zoning & alternative use

R · Hastings, MN

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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