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Property profile

1644 Larpenteur W Ave Falcon Heights, MN 55113

OFF-MARKET
Commercial land
Property ID
US46-1057075
6,432 SF 0.8 ac lot Built 1950
Last sale Jul 2026 · $2,725,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 2.58-acre site with entitlement for a multi-family development consisting of 92 units. It is located in an infill area near the University of Minnesota, St. Paul Campus, and the Minnesota State Fairgrounds, with frontage on Larpenteur Ave W and immediate access to Snelling Ave N. The site falls within Roseville Area School District #623. It is configured as land suitable for development, and has historically been used for parking revenue associated with the adjacent Minnesota State Fairgrounds.

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?
$11k
Tax billed · 2023
Assessed value$350k
Assessed land$350k
Effective rate3.28%

Value estimate

· Oct 2026
$230k
$207k – $253k
AI approach$280k

Realmo valuation models over county records and 24 qualifying comparable sales.

Recently sold

What actually traded nearby?
$76/SF
Submarket average, outlier-cleaned · 197 recorded sales of this use type
Observed band · Q1–Q3$43 – $115
Qualifying comparables24

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?
M
JurisdictionRAMSEY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.5
Realty agency10.5
HVAC Service9.9

Location

1644 Larpenteur W Ave Falcon Heights, MN 55113-5765
County assessor Recorded deeds · 6 transfers 24 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

3 recorded sales · 11 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Mt Rdg, Roseville, MN 55113 $41,356 May 2023 No data
Long Lk, Roseville, MN 55113 $6,560,000 May 2023 No data
Mt Rdg, Roseville, MN 55113 $19,250,000 Nov 2019 No data
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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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