Financial
Distress signals
Property profile

1385 Mendota Hts Rd Mendota Heights, MN 55120

OFF-MARKET
Other industrial properties
Property ID
US46-0925388
32,408 SF 1.04 ac lot Built 1979
Last sale Aug 2022 · $3,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 1385 Mendota Heights Business Plaza, this industrial/flex property totals 33,684 square feet and is configured with office improvements alongside functional warehouse space. Warehouse features include a clear height of approximately 14 feet and two dock doors. The building has a remodeled restroom core and a roof replacement completed in 2023, with warranty coverage extending through November 4, 2047. The property is positioned for access and visibility via major regional highways…

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?
$9k
Tax billed · 2023
Assessed value · 2022$335k
Assessed land$186k
Assessed improvement$149k
Effective rate2.75%

Value estimate

· Sep 2026
$2.88M
$2.59M – $3.16M
AI approach$2.93M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$68/SF
Submarket average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$39 – $91
Qualifying comparables6

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: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.3
Storage Facility8.3
Laundry Service8.2

Location

1385 Mendota Hts Rd Mendota Heights, MN 55120-1368
County assessor Recorded deeds · 9 transfers 6 qualifying comp sales 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

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Saint Paul, MN 55120 $5,666,269 Aug 2024 88,003 SF
1408 Northland, Mendota Heights, MN 55120-1013 $5,666,269 Aug 2024 88,003 SF
2360 Pilot Knob, Mendota Heights, MN 55120-1283 $32,500,000 Nov 2022 408,608 SF
Saint Paul, MN 55120 $3,250,000 Aug 2022 32,408 SF
1370 Mendota Hts, Mendota Heights, MN 55120-1281 $2,850,000 Jan 2020 19,220 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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