Financial
Distress signals
Property profile

1040 Dakota Dr Mendota Heights, MN 55120

OFF-MARKET
Retail space
Property ID
US46-3216490
8,040 SF 1.1 ac lot Built 1977
Last sale Jun 2021 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail building in Mendota Heights with a drive-in door that supports loading, storage, and day-to-day retail operations. The building includes a 60' x 34' basement that can be used for storage or for additional space planning. It is situated directly off Highway 62 (formerly Highway 110) with frontage along the highway and proximity to an Interstate 35E exit, providing direct access to the Minneapolis and Saint Paul area. Signage is positioned to be visible from the property,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value · 2022$695k
Assessed land$383k
Assessed improvement$313k
Effective rate2.70%

Value estimate

· Sep 2026
$725k
$653k – $798k
AI approach$715k
Submarket $/SF estimate$590k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$102/SF
Submarket average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$55 – $171

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R
JurisdictionDAKOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.6
HVAC Service9.6
Hair Salon9.1

Location

1040 Dakota Dr Mendota Heights, MN 55120-1266
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1420 Perron E, Mendota Heights, MN 55120-1747 $9,591,675 Sep 2023 75,250 SF
2440 Enterprise, Mendota Heights, MN 55120-1143 $2,715,000 Sep 2019 31,320 SF
1450 Northland, Mendota Heights, MN 55120-4000 $1,650,000 Dec 2018 25,621 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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