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Financial
Distress signals
Property profile

323 Pierce NE St Minneapolis, MN 55413

OFF-MARKET
Other industrial properties
Property ID
US46-1012642
17,927 SF 0.91 ac lot Built 1954
Last sale Feb 2004 · $470,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 21,528-square-foot industrial building with fenced and gated outdoor storage and zoning classified as PR1: Production Mixed-Use. The building has six dock doors and clear interior height that ranges from 9 feet 5 inches to 12 feet 5 inches. It is positioned with convenient access to major highways, transit options, and the international airport.

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?
$31k
Tax billed · 2023
Assessed value$1.05M
Assessed land$366k
Assessed improvement$684k
Effective rate2.94%

Value estimate

· Oct 2026
$1.65M
$1.48M – $1.81M

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$205/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$76 – $372
Qualifying comparables19

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: Nail Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nail Salon14.0
Accounting Firm12.6
Dental Office10.9

Location

323 Pierce NE St Minneapolis, MN 55413-2511
County assessor Recorded deeds · 3 transfers 19 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2205 Hennepin, Minneapolis, MN 55413-2714 $4,150,000 Jan 2024 14,824 SF
1600 Fillmore NE, Minneapolis, MN 55413-1614 $3,600,000 May 2023 19,198 SF
2323 Hennepin, Minneapolis, MN 55413 $8,720,000 Nov 2022 15,914 SF
2307 Hennepin, Minneapolis, MN 55413 $8,720,000 Nov 2022 20,240 SF
2407 Hennepin, Minneapolis, MN 55413-2704 $8,720,000 Nov 2022 21,800 SF
315 Polk, Minneapolis, MN 55413 $13,575,857 Sep 2022 15,060 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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