Financial
Distress signals
Property profile

122 Franklin Ave Minneapolis, MN 55404

OFF-MARKET
Other commercial real estate
Property ID
US46-0775277
56,298 SF 1.53 ac lot Built 1962
Last sale Feb 2026 · $2,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An office building in Minneapolis’ Whittier neighborhood with 56,298 square feet of space. The building includes a large lobby and reception area, with mid-century style conference rooms located on the first floor. It is configured for office and meeting-oriented uses, with suitability for nonprofit or religious-based tenants. The property includes a surface parking lot and provides free, on-site parking. It has outdoor line-of-sight views of Minneapolis and is located within about one mile of…

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

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Sep 2026
$430k
$387k – $473k

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

Recently sold

What actually traded nearby?
$150/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$99 – $214
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?
OR2
JurisdictionHENNEPIN

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.5
Laundromat9.9
Locksmith9.5

Location

122 Franklin Ave Minneapolis, MN 55404-2447
County assessor · not on file Recorded deeds · 3 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
810 Franklin, Minneapolis, MN 55404-2834 $1,950,000 Feb 2024 15,340 SF
2215 Park, Minneapolis, MN 55404-3711 $6,550,000 Mar 2023 49,387 SF
710 24th, Minneapolis, MN 55404-3840 $6,550,000 Mar 2023 45,800 SF
905 Park, Minneapolis, MN 55404-1138 $2,200,000 Dec 2022 14,385 SF
2115 Stevens, Minneapolis, MN 55404-2534 $2,600,000 Oct 2022 17,468 SF
900 20th S, Minneapolis, MN 55404-2212 $1,225,000 Oct 2022 14,300 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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