Property profile

241 Fremont N Ave Minneapolis, MN 55405

OFF-MARKET
Commercial real estate
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Property ID
US46-2494334
24,928 SF 1.26 ac Built 1960
Last sale Jul 2024·$2,950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ 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?
$60k
Tax billed · 2023
Assessed value$2.00M
Assessed land$719k
Assessed improvement$1.28M
Effective rate3.02%

Value estimate

· Nov 2026
$2.95M
$2.66M – $3.25M
AI approach$2.95M
Submarket $/SF estimate$1.88M

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$165/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$75 – $219
Qualifying comparables13

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHENNEPIN

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office17.0
Pharmacy10.9
Electrical Service10.6

Location

241 Fremont N Ave Minneapolis, MN 55405
County assessor Recorded deeds · 1 transfer 13 qualifying comp sales Zoning catalog · not on file

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
1015 Glenwood, Minneapolis, MN 55405-4402 $1,530,000 Mar 2024 49,707 SF
1010 2nd N, Minneapolis, MN 55405-1800 $4,800,000 Jan 2023 29,491 SF
2100 Lyndale S, Minneapolis, MN 55405-3686 $2,750,000 Apr 2022 14,838 SF
2110 Lyndale S, Minneapolis, MN 55405-3196 $2,750,000 Apr 2022 10,448 SF
160 Glenwood, Minneapolis, MN 55405-1699 $2,125,000 Dec 2021 28,080 SF
2301 Dupont S, Minneapolis, MN 55405-2755 $3,750,000 Oct 2021 24,231 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

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