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Financial
Distress signals
Property profile

1409 Willow St Minneapolis, MN 55403

OFF-MARKET
Commercial real estate
Property ID
US46-0011483
22,633 SF 0.48 ac lot Built 1925
Last sale Mar 2011 · $1,780,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 19,194 square foot Class C medical office building, constructed in 1925, offers multiple tenancy opportunities in the desirable Loring Park neighborhood. Currently, 3,802 square feet of space is available, with four individual suites ranging from 608 to 1,574 square feet. The building boasts convenient on-site parking, providing ample space for patients and staff. Its prime location offers easy access to major transportation arteries, including I-394 and I-35W, ensuring convenient…

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?
$75k
Tax billed · 2023
Assessed value$2.24M
Assessed land$1.82M
Assessed improvement$415k
Effective rate3.33%

Value estimate

· Oct 2026
$2.09M
$1.88M – $2.30M
Submarket $/SF estimate$2.83M

Realmo valuation models over county records and 12 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 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?
OR3
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 Service11.2
Electrical Service11.0
Dry Cleaner9.7

Location

1409 Willow St Minneapolis, MN 55403-2269
County assessor Recorded deeds · 7 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
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
731 Hennepin, Minneapolis, MN 55403-1809 $4,075,000 Jul 2022 17,582 SF
73 11th, Minneapolis, MN 55403 $5,600,000 Jul 2022 32,883 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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