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Financial
Distress signals
Property profile

2418 Washington N Ave Minneapolis, MN 55411

OFF-MARKET
Other industrial properties
Property ID
US46-0860145
179,620 SF 5.67 ac lot Built 1914
Last sale Apr 2024 · $6,306,269
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a building originally constructed for the Minneapolis Streetcar System and later adapted to support multiple industrial uses. It is configured to be suitable for automotive uses, warehousing, and fleet service or last-mile distribution. The building provides convenient access to downtown Minneapolis and Interstate 94, with visibility from I-94, and is located within walking distance of the North Loop and the Mississippi River. The total building area is 13,405 square feet.

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?
$152k
Tax billed · 2023
Assessed value$4.66M
Assessed land$1.23M
Assessed improvement$3.43M
Effective rate3.27%

Value estimate

· Oct 2026
$6.31M
$5.67M – $6.94M
AI approach$6.31M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$93/SF
Submarket average, outlier-cleaned · 297 recorded sales of this use type
Observed band · Q1–Q3$59 – $147
Qualifying comparables3

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?
I2
JurisdictionHENNEPIN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.2
Dental Office25.0
Law Firm21.7

Location

2418 Washington N Ave Minneapolis, MN 55411
County assessor Recorded deeds · 2 transfers 3 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1717 Riv, Minneapolis, MN 55411-3432 $9,500,000 Aug 2024 126,283 SF
1400 Washington N, Minneapolis, MN 55411-3422 $11,800,000 Mar 2024 82,785 SF
1015 5th, Minneapolis, MN 55411-4301 $3,250,000 Oct 2023 36,150 SF
1323 Washington N, Minneapolis, MN 55411-3414 $3,779,224 Jul 2023 34,854 SF
1409 Washington N, Minneapolis, MN 55411-3421 $3,779,224 Jul 2023 34,854 SF
30 31st N, Minneapolis, MN 55411 $2,500,000 Nov 2020 83,523 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
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