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    Property profile & analytics

    701 Hat Trick Ave Eveleth, MN 55734

    • Retirement homes
    • 10.71 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US46-0249842
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retirement homes

    Property Details for 701 Hat Trick Ave

    Lot size
    10.71 lot acres
    Property type
    Retirement homes
    Property subtype
    Medical offices
    APN
    040020500305; 040020500309

    Description

    This exceptional 10.71-acre development site in Eveleth, Minnesota, presents a unique opportunity for investors and developers. Located at 701 Hat Trick Ave, the property boasts unparalleled visibility and accessibility, fronting Highway 53, a major thoroughfare with over 15,000 vehicles passing daily. The site is comprised of two parcels (APN: 040020500305

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Eveleth
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.527822
    Latitude
    47.469975

    Comparable in this City

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      9.95 acres property ready for weekend activities near lakes.
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    • $70,000
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    • $44,000
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      72xx E Central Lake Rd, Eveleth, MN 55734
      View Details
    • $70,000
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      Heavily Wooded 10-Acre Lot

      10-acre wooded lot with southern-facing view on Moon Lake.
      N Moon Lake Dr, Eveleth, MN 55734
      View Details
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    701 Hat Trick Ave
    Eveleth, MN 55734
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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