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    Property profile & analytics

    4020 Minnehaha Ave Minneapolis, MN 55406

    • Commercial real estate
    • 18,704 SF
    • 0.41 lot acres
    For Lease
    View listing
    $20 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US46-0019311
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Laborforce Now LLC / Temp Agency / Landscaper
    • Dawn Bartell American Family Insurance / Insurance Agency
    • Selina Martire - State Farm Insurance Agent / Insurance Agency / Health Insurance Agency
    • Albert Usumanu / Civil Law Attorney / Divorce Lawyer
    • Thrive Social Services / Mental Health Clinic

    Property Details for 4020 Minnehaha Ave

    Year built
    1920
    Construction
    CONCRETE
    Lot size
    0.41 lot acres
    Property size
    18,704 SF
    Zone code
    C2
    Property type
    Commercial real estate
    APN
    07-028-23-24-0061
    APU
    702823240061

    Description

    This exceptional creative office space at 4020 Minnehaha Avenue South in Minneapolis, MN 55406 offers multiple suites ranging from 303 to 1,887 square feet. The property boasts a clean, modern aesthetic with newly renovated common areas. Enjoy excellent visibility on Minnehaha Avenue, just blocks from the Light Rail system, providing convenient access to public transportation. The building features a shared conference room with a kitchenette and ADA-compliant restrooms. Its Class C designation reflects its functional and adaptable spaces. The single, two-story building offers easy access to major highways, including 394, 94, and 35W, all within minutes. A wealth of amenities are nearby, including restaurants, banks, grocery stores, pharmacies, and recreational facilities. The property's annual taxes are $10 per square foot. This location offers a convenient and attractive option for businesses seeking flexible and well-maintained office space in a vibrant Minneapolis neighborhood. The total vacant space available is 3,682 square feet. Local management ensures responsive service and attention to tenant needs.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.2212
    Latitude
    44.9297
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $52,370
    $288,000
    $1,456,200
    $1,744,200
    -
    $288,000
    $1,456,200
    $1,744,200

    Comparable in this City

    • Value Estimation by Request
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      COMMERCIAL (GENERAL) • 4,774 SF
      3110 Lk St, Minneapolis, MN 55406-2002
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      15,780 SF

      2727 Lk St

      COMMERCIAL (GENERAL) • 15,780 SF
      2727 Lk St, Minneapolis, MN 55406-1927
      View Details
    • Value Estimation by Request
      4,639 SF

      3021 Lk St

      COMMERCIAL (GENERAL) • 4,639 SF
      3021 Lk St, Minneapolis, MN 55406-2051
      View Details
    • Value Estimation by Request
      9,414 SF

      3258 Minnehaha Ave

      COMMERCIAL (GENERAL) • 9,414 SF
      3258 Minnehaha Ave, Minneapolis, MN 55406-2419
      View Details
    • Value Estimation by Request
      2,508 SF

      3152 Minnehaha Ave

      COMMERCIAL (GENERAL) • 2,508 SF
      3152 Minnehaha Ave, Minneapolis, MN 55406-1934
      View Details

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    Minneapolis, MN 55406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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