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Financial
Distress signals
Property profile

2535 Pilot Knob Rd Mendota Heights, MN 55120

OFF-MARKET
Industrial properties
Property ID
US46-0873153
64,025 SF 1.35 ac lot Built 1983
Last sale Jun 1997 · $1,775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. 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

This single-story, 63,977 square foot warehouse/flex building, constructed in 1981, offers a rare opportunity to lease a highly visible endcap space. The available space totals 5,049 square feet, ideal for a variety of uses including office, technology, or light industrial operations. The unit features a desirable 13'6" ceiling height and benefits from three-phase power. Its strategic location provides excellent access to Interstates 494 (just one block away) and Highway 55, placing…

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.

Debts

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?
$24k
Tax billed · 2023
Assessed value · 2022$857k
Assessed land$278k
Assessed improvement$579k
Effective rate2.75%

Value estimate

· Oct 2026
$645k
$581k – $710k

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

Recently sold

What actually traded nearby?
$84/SF
County average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$59 – $125
Qualifying comparables6

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?
R
JurisdictionDAKOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.2
Storage Facility8.2
Dry Cleaner8.1

Location

2535 Pilot Knob Rd Mendota Heights, MN 55120-1169
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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Saint Paul, MN 55120 $5,666,269 Aug 2024 88,003 SF
1408 Northland, Mendota Heights, MN 55120-1013 $5,666,269 Aug 2024 88,003 SF
2360 Pilot Knob, Mendota Heights, MN 55120-1283 $32,500,000 Nov 2022 408,608 SF
1385 Mendota Hts, Mendota Heights, MN 55120-1368 $3,250,000 Aug 2022 32,408 SF
Saint Paul, MN 55120 $3,250,000 Aug 2022 32,408 SF
1370 Mendota Hts, Mendota Heights, MN 55120-1281 $2,850,000 Jan 2020 19,220 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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