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Financial
Distress signals
Property profile

2450 Minnehaha Ave Minneapolis, MN 55404

OFF-MARKET
Industrial properties
Property ID
US46-0132346
41,474 SF 1.59 ac lot Built 1966
Last sale Oct 2024 · $2,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$111k
Tax billed · 2023
Assessed value$3.20M
Assessed land$609k
Assessed improvement$2.59M
Effective rate3.46%

Value estimate

· Oct 2026
$2.90M
$2.61M – $3.19M
AI approach$2.90M
Submarket $/SF estimate$3.24M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$93/SF
Submarket average, outlier-cleaned · 297 recorded sales of this use type
Observed band · Q1–Q3$59 – $147
Qualifying comparables12

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?
I1
JurisdictionHENNEPIN

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 agency57.5
Building Supply35.1
Law Firm34.1

Location

2450 Minnehaha Ave Minneapolis, MN 55404-4124
County assessor Recorded deeds · 6 transfers 12 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2323 Snelling, Minneapolis, MN 55404-3158 $1,250,000 Jan 2024 5,900 SF
2533 Bloomington, Minneapolis, MN 55404-3921 $2,300,000 Aug 2022 22,418 SF
2330 Minnehaha, Minneapolis, MN 55404-3153 $1,065,000 Sep 2021 5,666 SF
2531 Minnehaha, Minneapolis, MN 55404-4119 $100,000 Jul 2021 1,692 SF
2001 24th, Minneapolis, MN 55404-4109 $6,900,000 Jan 2021 81,511 SF
2215 Snelling, Minneapolis, MN 55404-3156 $533,333 Jan 2020 21,902 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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