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    Property profile & analytics

    2131 Commerce Blvd Mound, MN 55364

    • Commercial real estate
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US46-2209674
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2131 Commerce Blvd

    Year built
    2002
    Property type
    Commercial real estate
    APN
    14-117-24-41-0195
    APU
    1411724410195

    Description

    Mound Marketplace presents a unique investment opportunity in Hennepin County. This grocery-anchored strip center is the only one of its kind in the immediate area, providing a significant advantage for national retailers seeking to tap into a consistent daily-needs customer base. The property totals 4,024 square feet and is currently 100% vacant, offering two divisible spaces. One space offers a minimum of 1,039 square feet, while the maximum contiguous space available is 2,985 square feet. This presents flexibility for businesses of varying sizes. The center benefits from a high-demographic profile within its market, ensuring a strong potential customer base. The property's strategic location as the only grocery-anchored center in the area guarantees high visibility and consistent foot traffic. This is an exceptional opportunity for businesses seeking a prime retail location with a built-in customer base in a thriving community. The entire 4,024 square feet is available for lease, allowing for a single tenant to occupy the entire space or for multiple tenants to occupy the divisible spaces. This presents a rare chance to establish a significant presence in a desirable market. Interested parties are encouraged to inquire for further details and leasing options.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mound
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.6674
    Latitude
    44.9387
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $132,220
    $258,000
    $4,567,000
    $4,825,000
    -
    $258,000
    $4,567,000
    $4,825,000

    Comparable in this City

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      1.25 Acres

      Mound, MN 55364

      COMMERCIAL (GENERAL) • 1.25 Acres
      Mound, MN 55364
      View Details

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      Mound Marketplace: Retail Opportunity

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      2131 Commerce Blvd, Mound, MN 55364
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    Mound, MN 55364
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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