Property profile

3342 Nicollet Ave Minneapolis, MN 55408

OFF-MARKET
Commercial real estate
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Property ID
US46-0144670
3,106 SF 0.59 ac Built 1965
Last sale Dec 2023·$1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ 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?
$28k
Tax billed · 2023
Assessed value$854k
Assessed land$521k
Assessed improvement$334k
Effective rate3.28%

Value estimate

· Nov 2026
$975k
$878k – $1.07M
AI approach$1.04M
Submarket $/SF estimate$838k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$179/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$102 – $283
Qualifying comparables14

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?
C1
JurisdictionHENNEPIN

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.9
Shoe Repair8.8
Pet Store8.4

Location

3342 Nicollet Ave Minneapolis, MN 55408-4442
County assessor Recorded deeds · 1 transfer 14 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
2611 1st S, Minneapolis, MN 55408-1602 $1,000,000 Feb 2026 3,038 SF
100 Lk, Minneapolis, MN 55408-3118 $2,528,000 Jan 2025 2,475 SF
331 Lk, Minneapolis, MN 55408-2455 $3,800,000 Jan 2025 3,065 SF
3040 Lyndale S, Minneapolis, MN 55408-2934 $1,100,000 Jan 2025 4,144 SF
3105 Hennepin, Minneapolis, MN 55408-2620 $675,000 Aug 2024 2,881 SF
710 Lk, Minneapolis, MN 55408-2916 $782,000 Aug 2024 4,310 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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