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Financial
Distress signals
Property profile

601 Lk St Minneapolis, MN 55407

OFF-MARKET
Commercial real estate
Property ID
US46-1351872
4,945 SF 0.43 ac lot Built 1975
Last sale Oct 2011
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. 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. 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?
$23k
Tax billed · 2023
Assessed value$765k
Assessed land$340k
Assessed improvement$426k
Effective rate2.94%

Value estimate

· Oct 2026
$600k
$540k – $660k
Submarket $/SF estimate$726k

Realmo valuation models over county records and 22 qualifying comparable sales.

Recently sold

What actually traded nearby?
$133/SF
ZIP average, outlier-cleaned · 77 recorded sales of this use type
Observed band · Q1–Q3$78 – $189
Qualifying comparables22

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?
C2
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 agency38.8
Law Firm28.5
Building Supply21.9

Location

601 Lk St Minneapolis, MN 55407-1501
County assessor Recorded deeds · 1 transfer 22 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2830 Cedar S, Minneapolis, MN 55407-1430 $1,500,000 Apr 2025 6,581 SF
3401 Chicago, Minneapolis, MN 55407-2107 $345,000 Dec 2024 4,774 SF
4728 Cedar S, Minneapolis, MN 55407-3634 $3,985,000 Oct 2024 4,612 SF
1311 Lk, Minneapolis, MN 55407-1629 $703,000 Mar 2024 5,204 SF
3753 Cedar S, Minneapolis, MN 55407-2938 $525,000 Dec 2023 4,786 SF
3755 Cedar S, Minneapolis, MN 55407 $525,000 Dec 2023 3,921 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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