Property profile

3220 8th E Ave Hibbing, MN 55746

OFF-MARKET
Apartment buildings
Property ID
US46-0479431
77,532 SF 13.6 ac lot Built 1980
Entity Owned 7-yr Hold
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1980
Total area 77,532 SF
Lot 13.6 ac (592,416 SF)
APN 140-0270-00894
UPID US46-0479431

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
  • Apartment Building Apartment Complex
  • Community Center

Location

3220 8th E Ave Hibbing, MN 55746-2670
Hibbing metro Census 12400 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
$6.07M
Blend (final) Blend
$1.31M

Owner & transaction history

since 2019
3 recorded transactions
2019
$1.6M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $4.9M +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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