Financial
Distress signals
Property profile

2401 Highway 13 W Burnsville, MN 55337

FOR SALE
Showrooms
Property ID
US46-0955212
15,352 SF 1 ac lot Built 1975
Last sale Nov 2006 · $901,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use building totals 15,352 square feet on a 1-acre lot and was constructed between 1975 and 1985. It is zoned B-4 Highway Commercial and includes a sprinkler system. The space is divided into 6,405 square feet of office/showroom and 8,947 square feet of warehouse area, with an additional 1,000 square foot mezzanine. The warehouse features 14 to 20-foot clear heights, one dock door and two drive-in doors, with provisions for an additional dock door. The property is located along…

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.

Mortgages

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?
$33k
Tax billed · 2023
Assessed value · 2022$1.17M
Assessed land$234k
Assessed improvement$937k
Effective rate2.78%

Value estimate

· Sep 2026
$1.28M
$1.15M – $1.41M
Submarket $/SF estimate$1.50M
NOI build-up
Gross scheduled income$249k
Vacancy & credit loss−$10k
Operating expenses−$71k
NOI · 8.55% cap applied$167k

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

Recently sold

What actually traded nearby?
$92/SF
Submarket average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$58 – $113
Qualifying comparables6

Cap rate analysis

How does the asset earn?
8.55%
$167k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R
JurisdictionDAKOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.7
Restaurant22.0
Dental Office20.6

Location

2401 Highway 13 W Burnsville, MN 55337
County assessor Recorded deeds · 2 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
651 Clf E, Burnsville, MN 55337-1524 $1,335,000 Oct 2023 9,013 SF
1051 Clf E, Burnsville, MN 55337-1513 $1,800,000 Aug 2023 18,950 SF
3401 Hwy 13th W, Burnsville, MN 55337-1785 $1,246,000 Oct 2022 10,080 SF
12547 Dupont S, Burnsville, MN 55337-1686 $667,000 Aug 2022 13,600 SF
560 County Rd 42nd W, Burnsville, MN 55337-6209 $3,775,000 Nov 2021 11,760 SF
12401 Washburn S, Burnsville, MN 55337-1773 $1,300,000 Oct 2021 21,744 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.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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