Property profile

3120 Washburn N Ave Minneapolis, MN 55411

OFF-MARKET
Commercial real estate
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Property ID
US46-0982878
12,741 SF 1.31 ac Built 1953
Last sale Apr 2020·$550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 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?
$26k
Tax billed · 2023
Assessed value$665k
Assessed land$386k
Assessed improvement$279k
Effective rate3.97%

Value estimate

· Nov 2026
$520k
$468k – $572k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$84/SF
ZIP average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$31 – $143
Qualifying comparables5

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?
R4
JurisdictionHENNEPIN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm28.4
Realty agency22.7
Building Supply17.1

Location

3120 Washburn N Ave Minneapolis, MN 55411-1054
County assessor Recorded deeds · 3 transfers 5 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
1610 Lowry N, Minneapolis, MN 55411 $1,000,000 Jul 2025 14,207 SF
1314 Broadway, Minneapolis, MN 55411-2535 $58,000 Apr 2025 11,045 SF
2010 Fremont N, Minneapolis, MN 55411-2539 $1,080,000 Mar 2025 8,816 SF
1113 Broadway, Minneapolis, MN 55411-2505 $230,000 Mar 2025 6,677 SF
1800 Lowry N, Minneapolis, MN 55411-1266 $151,312 Oct 2024 9,604 SF
901 Broadway, Minneapolis, MN 55411-2615 $575,000 Aug 2024 10,758 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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