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1031 Madeira Ave; Minneapolis, MN Property Details

1031 Madeira Ave, Minneapolis, MN is a Commercial Vacant Land that was built in 1962. This property is currently a cash purchase and is not for sale. Our records show that 1031 Madeira Ave has a total of 40,000 square feet. The lot size of 1031 Madeira Ave is 81,893 square feet.

Off market
1031 Madeira Ave Minneapolis, MN 55405
$1,344,900 Estimated Value
40,000 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1962
  • Purchase Price: $6,000,000
  • APN: 29-029-24-41-0033
  • Situs County: Hennepin
  • Length Of Ownership: 19 years, 1 months

Structure

  • Building Style: Concrete
  • Stories: 1
  • Exterior Wall Type: Concrete
  • Building Condition: Average
  • Building Quality: C-
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Tar & Gravel

Measurements

  • Total: 40,000/SqFt
  • Lot: 81,893/SqFt
  • Gross: 40,000/SqFt
  • Living: 40,000/SqFt
  • Building: 40,000/SqFt
  • Ground: 40,000/SqFt
  • Price Per Square Foot: $150.00

Legal Description

  • Description: LOT 004 BLOCK 001 A WEISERS OFFICE PARK ADDN LOTS 3, 4 AND 5 EXCEPT STREET 84055 SQ. FT.
Building Insights

Land Information

  • Property Type: Commercial Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Minneapolis Public School District
  • Lat / Lon: 44.968693 / -93.31139
  • Subdivision: Weisers Office Park Addn
  • Property Class: Vacant
  • Zoning: I1
  • County Use Code: LC

Amenities

  • Plus Four: 2147
  • Cooling: Yes
  • Garage: Paved/Surfaced
  • Heating: Space/Suspended
  • Parking: 35

Ownership Info

1031 Madeira Ave has no associated ownership info
1031 Madeira Ave has no associated ownership info.

Taxes

1031 Madeira Ave has 10 associated Taxes items

1031 Madeira Ave, Minneapolis, MN pays taxes in Hennepin County, MN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,344,900. The APN we've located for 1031 Madeira Ave is 29-029-24-41-0033.

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Taxes
  • Assessed Value:  $1,344,900
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  29-029-24-41-0033
  • Assessed Land Value:  1344900
  • Market Land Value:  1344900
  • Tax Amount:  47991
  • Tax Year:  2025
  • Market Value:  1344900
  • Market Year:  2025

Tax History

1031 Madeira Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,344,900 Land Value $1,344,900 Improvement Value Tax Amount $47,991 Change Rate -0.111039% Assessed CR Tax Rate +0.035684%
Year 2024 Assessed Value $1,681,100 Land Value $1,681,100 Improvement Value Tax Amount $53,985.48 Change Rate +1.111682% Assessed CR Tax Rate +0.032113%
Year 2023 Assessed Value $882,600 Land Value $882,600 Improvement Value Tax Amount $25,565.16 Change Rate +0.062967% Assessed CR Tax Rate +0.028966%
Year 2022 Assessed Value $756,500 Land Value $756,500 Improvement Value Tax Amount $24,050.76 Change Rate +0.011292% Assessed CR Tax Rate +0.031792%
Year 2021 Assessed Value $756,500 Land Value $756,500 Improvement Value Tax Amount $23,782.2 Change Rate -0.060536% Assessed CR Tax Rate +0.031437%
Year 2020 Assessed Value $756,500 Land Value $756,500 Improvement Value Tax Amount $25,314.64 Change Rate -0.692367% Assessed CR Tax Rate +0.033463%
Year 2019 Assessed Value $756,500 Land Value $756,500 Improvement Value Tax Amount $82,288.32 Change Rate +0.139395% Assessed CR Tax Rate +0.108775%
Year 2018 Assessed Value $2,251,000 Land Value $756,500 Improvement Value $1,494,500 Tax Amount $72,221.04 Change Rate -0.109118% Assessed CR Tax Rate +0.032084%
Year 2017 Assessed Value $1,864,500 Land Value $756,500 Improvement Value $1,108,000 Tax Amount $81,066.92 Change Rate +0.176497% Assessed CR Tax Rate +0.043479%
Year 2016 Assessed Value $1,759,000 Land Value $756,500 Improvement Value $1,002,500 Tax Amount $68,905.32 Change Rate -0.003499% Assessed CR Tax Rate +0.039173%
Year 2015 Assessed Value $1,675,000 Land Value $756,500 Improvement Value $918,500 Tax Amount $69,147.28 Change Rate Assessed CR Tax Rate +0.041282%
Year 2014 Assessed Value $1,675,000 Land Value $756,500 Improvement Value $918,500 Tax Amount Change Rate Assessed CR Tax Rate