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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Commercial real estate
2210 Hennepin Ave, Minneapolis, MN 55405-2737
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US46-1102426
Property summary
AI-generated overview
This exceptional Uptown Minneapolis retail property, located at 2210 Hennepin Avenue South, offers 11,866 square feet of space across three available suites. Currently entirely vacant, this presents a unique opportunity for a single tenant or multiple occupants. The building, constructed in 1930 and extensively renovated in 2017, sits on a 0.306-acre lot (13,111 square feet) and is zoned for commercial use. Suite sizes range from a minimum of 1,025 square feet to a maximum contiguous space of 5,916 square feet, offering flexibility for various business needs. Parking is available for up to 20 vehicles (currently striped for 12). The property boasts a prime Uptown location, providing excellent access to major highways and interstates. This vibrant neighborhood is rich with dining, shopping, and community amenities, creating a highly desirable environment for any business. The single-story building is identified by Hennepin County APN 33-029-24-12-0189. This is an ideal opportunity to establish or expand a business in a thriving, well-connected area. The property is available for sale or lease.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1930
Construction
CONCRETE
Total area
6,404 SF
Lot
0.3 ac (13,068 SF)
Zoning code
C1
APN
33-029-24-12-0189
UPID
US46-1102426
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Elite Catering Corporate Office
-
CHX Restaurant
-
Pizza Shark Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$1.11M
Owner & transaction history
Twin Cities Props Group LLC · 8 yrs held
Twin Cities Props Group LLC
since 2018
6 recorded transactions
Zoning & alternative use
C1 · Minneapolis, MN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Minneapolis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Minneapolis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,205,000
6.5%
$1,110,000
7%
$1,035,000
Blend value · Realmo final
$1.11M
Range $999k – $1.22M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$173 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$56,179
Tax year 2023
Assessed value
$1,813,500
Assessed 2023
Previous assessed
$1,573,500
+15.3% YoY
Effective rate
3.10%
On assessed value
Assessed land
$727,700
Assessed improvement
$1,085,800
Land market value
$727,700
Improvement market value
$1,085,800
Total market value
$1,813,500
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1930
Construction
CONCRETE
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
6,404 SF
Lot
0.3 ac (13,068 SF)
Zoning code
C1
APN
33-029-24-12-0189
UPID
US46-1102426
Jurisdiction
HENNEPIN
Zoning & alternative use
C1 · Minneapolis, MN
Zoning C1 · permitted uses
C1 · Minneapolis, MN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Minneapolis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Twin Cities Props Group LLC
Entity
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2018
—
Twin Cities Props Group LLC
—
Deed
related
$865,000 · Minnesota Busn Fin
Jan 3, 2018
$2,100,000
Twin Cities Props Group LLC
Damico Holding Co
Grant Deed
$1,050,000 · Northeast Bk
Oct 12, 2017
—
Damico Holding Co
—
Deed
related
$1,271,476 · Venture Bk
—
—
Damico Holding Co
—
Deed Of Trust
related
$4,500,000 · Venture Bk
—
—
Twin Cities Props Group LLC
—
Deed Of Trust
related
$865,000 · Minnesota Busn Fin
—
—
Damico Holding Co
—
Deed Of Trust
related
$1,271,476 · Venture Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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