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Financial
Distress signals
Property profile

1128 Harmon Pl Minneapolis, MN 55403

FOR LEASE
Commercial real estate
Property ID
US46-0040935
24,492 SF 0.28 ac lot Built 1915
Last sale Nov 2007 · $3,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional two-story, 36,738-square-foot executive office building at 1128 Harmon Pl, Minneapolis, MN 55403, presents a unique investment opportunity. Built in 1915 and extensively renovated in 2023, this Class B property boasts stunning architectural details including hardwood floors, a sweeping staircase, and skylights, creating a creative and high-image workspace. The building sits on a 0.28-acre lot (APN 2702924210022) and is zoned B4N. Its prime location in the highly sought-after…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$122k
Tax billed · 2023
Assessed value$3.64M
Assessed land$1.23M
Assessed improvement$2.41M
Effective rate3.35%

Value estimate

· Oct 2026
$2.78M
$2.50M – $3.05M
Submarket $/SF estimate$1.81M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$148/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$90 – $219
Qualifying comparables10

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: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service10.0
Electrical Service9.7
Butcher8.8

Location

1128 Harmon Pl Minneapolis, MN 55403
County assessor Recorded deeds · 8 transfers 10 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
700 Hennepin, Minneapolis, MN 55403-1808 $4,407,500 Sep 2024 21,494 SF
727 Hennepin, Minneapolis, MN 55403-1809 $1,055,751 Sep 2023 16,872 SF
712 Ontario W, Minneapolis, MN 55403-1138 $4,000,000 Mar 2023 25,650 SF
1102 Nicollet, Minneapolis, MN 55403 $5,600,000 Jul 2022 26,819 SF
73 11th, Minneapolis, MN 55403 $5,600,000 Jul 2022 32,883 SF
731 Hennepin, Minneapolis, MN 55403-1809 $4,075,000 Jul 2022 17,582 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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Ask anything about this address in plain English.
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