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2870 Metro Dr; Minneapolis, MN Property Details

2870 Metro Dr, Minneapolis, MN is a General. This property is currently Financed and is not for sale. The lot size of 2870 Metro Dr is 82,764 square feet.

Off market
2870 Metro Dr Minneapolis, MN 55425
$9,300,000 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $10,875,000
  • Open Loans / Balance: 1 / $9,587,588
  • APN: 01-027-24-11-0020
  • Situs County: Hennepin
  • Length Of Ownership: 7 months

Measurements

  • Lot: 82,764/SqFt

Legal Description

  • Description: LOT 001 BLOCK 001 B SUMMIT HOTEL PROPERTIES THAT PART OF LOT 1, BLOCK 1, SUMMIT HOTEL PROPERTIES, EMBRACED WITHIN LOT 1, BLOCK 1, HOHAG 4TH ADDITION IRREGULAR
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Bloomington Public School District
  • Lat / Lon: 44.861168 / -93.231895
  • Subdivision: Summit Hotel Properties
  • Property Class: Commercial
  • County Use Code: C

Amenities

  • Plus Four: 1403

Ownership Info

2870 Metro Dr has no associated ownership info
2870 Metro Dr has no associated ownership info.

Taxes

2870 Metro Dr has 10 associated Taxes items

2870 Metro Dr, 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 $9,300,000. The APN we've located for 2870 Metro Dr is 01-027-24-11-0020.

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Taxes
  • Assessed Value:  $9,300,000
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  01-027-24-11-0020
  • Assessed Land Value:  1493000
  • Market Land Value:  1493000
  • Tax Amount:  299123.22
  • Tax Year:  2025
  • Market Value:  9300000
  • Market Year:  2025

Tax History

2870 Metro Dr has 2 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $9,300,000 Land Value $1,493,000 Improvement Value $7,807,000 Tax Amount $299,123.22 Change Rate +0.10051% Assessed CR Tax Rate +0.032164%
Year 2024 Assessed Value $8,900,000 Land Value $1,493,000 Improvement Value $7,407,000 Tax Amount $271,804.25 Change Rate Assessed CR Tax Rate +0.03054%