Property profile

1221 Washington S Ave Minneapolis, MN 55415

OFF-MARKET
Commercial real estate
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Property ID
US46-0996064
11,402 SF 0.5 ac Built 1998
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. ~ 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?
$93k
Tax billed · 2023
Assessed value$3.04M
Assessed land$1.74M
Assessed improvement$1.30M
Effective rate3.05%

Value estimate

· Nov 2026
$1.29M
$1.16M – $1.42M
Submarket $/SF estimate$1.44M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$2,693/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$47 – $6,510
Qualifying comparables12

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?
B4N
JurisdictionHENNEPIN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply33.5
Auto Parts Store25.2
Nail Salon19.5

Location

1221 Washington S Ave Minneapolis, MN 55415-1247
County assessor Recorded deeds · 6 transfers 12 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
714 Park, Minneapolis, MN 55415 $350,000 Feb 2026 10,332 SF
250 Park Ave, Minneapolis, MN 55415-1597 $720,000 Jun 2025 7,457 SF
431 7th Stb, Minneapolis, MN 55415-1825 $850,000 May 2025 25,690 SF
1001 Washington S, Minneapolis, MN 55415-1246 $1,980,000 Oct 2024 10,028 SF
627 12th S, Minneapolis, MN 55415-1715 $200,000 May 2022 5,752 SF
900 3rd, Minneapolis, MN 55415-1209 $2,850,000 Aug 2021 9,858 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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