Property profile

15 Franklin Ave 101 Minneapolis, MN 55404

OFF-MARKET
Commercial real estate
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Property ID
US46-0660075
13,508 SF 1.22 ac Built 2007
Last sale May 2024·$6,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$72k
Tax billed · 2023
Assessed value$2.35M
Assessed land$184k
Assessed improvement$2.17M
Effective rate3.07%

Value estimate

· Nov 2026
$6.55M
$5.90M – $7.21M
AI approach$6.55M

Realmo valuation models over county records and 9 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 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: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat10.0
Laundry Service9.4
Electrical Service8.7

Location

15 Franklin Ave, Unit 101 Minneapolis, MN 55404-4476
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
810 Franklin, Minneapolis, MN 55404-2834 $1,950,000 Feb 2024 15,340 SF
609 10th, Minneapolis, MN 55404-1128 $1,350,000 May 2023 12,824 SF
904 19th S, Minneapolis, MN 55404-2202 $475,000 Jan 2023 12,730 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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