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Financial
Distress signals
Property profile

1450 Mendota Heights Rd Mendota Heights, MN 55120

FOR LEASE
Other industrial properties
Property ID
US46-0614027
50,640 SF 3.12 ac lot Built 1974
Last sale Nov 2009
Individually Owned Owner of record is an individual. 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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1450 Mendota Heights Rd, Mendota Heights, MN 55120 For Lease
Contact for pricing 50,640 SF available
1450 Mendota Heights Rd, Mendota Heights, MN 55120
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Property summary

AI-generated overview

The property is a combined office and warehouse facility totaling approximately 50,640 square feet, including about 4,000 square feet of office space and about 46,640 square feet of warehouse space. It sits on a 3.12-acre site and is served by two loading docks and one drive-in door. The warehouse area offers approximately 13 to 14.33 feet of clear height and has heavy electrical power available. The site includes 50 parking stalls and features a ground-mounted solar array with 204 panels.

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?
$66k
Tax billed · 2023
Assessed value · 2022$2.46M
Assessed land$635k
Assessed improvement$1.83M
Effective rate2.68%

Value estimate

· Oct 2026
$3.56M
$3.20M – $3.91M
Submarket $/SF estimate$4.27M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$68/SF
Submarket average, outlier-cleaned · 73 recorded sales of this use type
Observed band · Q1–Q3$39 – $91
Qualifying comparables6

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?
R
JurisdictionDAKOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.1
Storage Facility8.1
Dry Cleaner8.1

Location

1450 Mendota Heights Rd Mendota Heights, MN 55120
County assessor Recorded deeds · 4 transfers 6 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Saint Paul, MN 55120 $5,666,269 Aug 2024 88,003 SF
1408 Northland, Mendota Heights, MN 55120-1013 $5,666,269 Aug 2024 88,003 SF
2360 Pilot Knob, Mendota Heights, MN 55120-1283 $32,500,000 Nov 2022 408,608 SF
1385 Mendota Hts, Mendota Heights, MN 55120-1368 $3,250,000 Aug 2022 32,408 SF
Saint Paul, MN 55120 $3,250,000 Aug 2022 32,408 SF
1370 Mendota Hts, Mendota Heights, MN 55120-1281 $2,850,000 Jan 2020 19,220 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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