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Property profile & analytics
OFF-MARKET
Estimated value
$1,285,000
Manufacturing properties
555 25th St, Hibbing, MN 55746-8347
Entity Owned
~
Est. High Equity
Property ID
US46-3013416
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1968
Total area
31,518 SF
Lot
9.65 ac (420,354 SF)
APN
141-0050-01895
UPID
US46-3013416
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Northern Foundry LLC Building Supply Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.29M
Owner & transaction history
Atlas Leasing LLC
Atlas Leasing LLC
since 2026
Last sale
$900,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hibbing submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hibbing submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$41 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$22,542
Tax year 2023
Assessed value
$672,500
Assessed 2023
Previous assessed
$672,500
+0.0% YoY
Effective rate
3.35%
On assessed value
Assessed land
$31,600
Assessed improvement
$640,900
Land market value
$31,600
Improvement market value
$640,900
Total market value
$672,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1968
Heating
SPACE
Cooling
NONE
Buildings
3
Stories
1
Total area
31,518 SF
Lot
9.65 ac (420,354 SF)
APN
141-0050-01895
UPID
US46-3013416
Jurisdiction
ST LOUIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1968
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
3
Lot
9.65 ac
Current owner
From public records · entity-resolved
Atlas Leasing LLC
Entity
Mailing address
555 W 25TH ST, HIBBING, MN 55746-8347
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2026
—
Atlas Leasing LLC
—
Deed
related
$585,000 · Frandsen Bank And Trust
Feb 24, 2026
$900,000
Atlas Leasing LLC
Northern Foundry LLC
Warranty Deed
—
Sep 18, 2020
—
Northern Foundry LLC
—
Deed
related
$296,000 · Pnc Bk
Jan 25, 2013
—
Northern Foundry LLC
—
Deed Of Trust
related
$20,000,000 · Pnc Bank
Jan 19, 2010
—
Northern Foundry LLC
Intermet Lender Liquidating
Grant Deed
$3,926,978 · Intermet Lender Liquidating Tr
—
—
Northern Foundry LLC
—
Deed Of Trust
related
$296,000 · Pnc Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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