Financial
Distress signals
Property profile

8331 Norman Center Dr Bloomington, MN 55437

FOR LEASE
Commercial real estate
Property ID
US46-0827636
22,119 SF 4.02 ac lot Built 2000
Last sale Jul 2022 · $366,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 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.

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?
$1.55M
Tax billed · 2023
Assessed value$51.22M
Assessed land$3.15M
Assessed improvement$48.06M
Effective rate3.03%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$151/SF
Submarket average, outlier-cleaned · 1192 recorded sales of this use type
Observed band · Q1–Q3$71 – $247
Qualifying comparables7

Cap rate analysis

How does the asset earn?
1,041,546.94%
$255k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionHENNEPIN

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.7
Furniture Store8.6
Parking Facility8.5

Location

8331 Norman Center Dr Bloomington, MN 55437
County assessor Recorded deeds · 6 transfers 7 qualifying comp sales Zoning catalog · not on file

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
5800 84th, Bloomington, MN 55437 $4,000,000 Jun 2025 22,654 SF
4567 American W, Bloomington, MN 55437-1123 $7,500,000 Apr 2024 36,748 SF
8300 Norman Ctr, Bloomington, MN 55437-1027 $366,000,000 Jul 2022 25,780 SF
4601 American W, Bloomington, MN 55437-1124 $6,700,000 Jun 2022 28,769 SF
4201 American W, Bloomington, MN 55437-1120 $6,250,000 Feb 2020 15,937 SF
5001 American W, Bloomington, MN 55437-1108 $180,000 Nov 2018 20,414 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?”
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