Financial
Distress signals
Property profile

2601 Franklin Ave Minneapolis, MN 55406

OFF-MARKET
Commercial real estate
Property ID
US46-0908268
13,886 SF 0.21 ac lot Built 1920
Last sale Jan 2025 · $3,400,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$56k
Tax billed · 2023
Assessed value$1.85M
Assessed land$136k
Assessed improvement$1.71M
Effective rate3.03%

Value estimate

· Sep 2026
$1.05M
$945k – $1.16M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$144/SF
ZIP average, outlier-cleaned · 74 recorded sales of this use type
Observed band · Q1–Q3$88 – $217
Qualifying comparables9

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?
C2
JurisdictionHENNEPIN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.4
Realty agency17.6
Nail Salon14.1

Location

2601 Franklin Ave Minneapolis, MN 55406-1147
County assessor Recorded deeds · 5 transfers 9 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3307 Lk, Minneapolis, MN 55406 $900,000 Dec 2025 7,551 SF
4222 Lk, Minneapolis, MN 55406-2203 $1,610,000 Jun 2025 12,353 SF
2716 Lk, Minneapolis, MN 55406-1928 $209,450 Feb 2025 18,640 SF
3020 Minnehaha, Minneapolis, MN 55406-1932 $846,000 Jan 2025 6,331 SF
4401 Minnehaha, Minneapolis, MN 55406-3910 $463,000 Dec 2024 11,420 SF
2600 26th, Minneapolis, MN 55406-1201 $1,400,000 Nov 2024 9,870 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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