Taxes
- Assessed Value: $3,350,000
- Assessed Year: 2025
- Assessed County: Hennepin
- APN: 22-029-24-32-0008
- Assessed Land Value: 2660800
- Market Land Value: 2660800
- Tax Amount: 114152.42
- Tax Year: 2025
- Market Value: 3350000
- Market Year: 2025
401 Royalston Ave; Minneapolis, MN Property Details
Off market
401 Royalston Ave Minneapolis, MN 55405
$4,500,000 Listing Price
38,928 SqFt
Property Type
Industrial (General)Property Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1961
- Purchase Price: $3,350,000
- Open Loans / Balance: 1 / $2,359,191
- APN: 22-029-24-32-0008
- Situs County: Hennepin
- Length Of Ownership: 1 year, 8 months
Structure
- Building Style: Concrete
- Stories: 1
- Exterior Wall Type: Glass
- Building Condition: Average
- Building Quality: C
- Roof Type: Flat
- Roof Cover Type: Tar & Gravel
Measurements
- Total: 38,928/SqFt
- Lot: 90,169/SqFt
- Gross: 38,928/SqFt
- Living: 38,928/SqFt
- Building: 38,928/SqFt
- Ground: 38,928/SqFt
- Price Per Square Foot: $86.06
Legal Description
- Description: LOT 003 BLOCK 004 B GLENWOOD RENEWAL SUBD NO 2 N 185 FT 185.00 X 486.30
Building Insights
Land Information
- Property Type: Industrial (General)
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Minneapolis Public School District
- Lat / Lon: 44.98168 / -93.28423
- Subdivision: Glenwood Renewal Subd No 2
- Property Class: Industrial
- Zoning: I2
- County Use Code: I
Amenities
- Plus Four: 1536
- Garage: Garage
- Heating: Forced air unit
- Parking: 76
Ownership Info
401 Royalston Ave has no associated ownership info
401 Royalston Ave has no associated ownership info.
Taxes
401 Royalston Ave has 10 associated Taxes items
401 Royalston 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 $3,350,000. The APN we've located for 401 Royalston Ave is 22-029-24-32-0008.
Unlock the full reportTax History
401 Royalston Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $3,350,000 | Land Value $2,660,800 | Improvement Value $689,200 | Tax Amount $114,152.42 | Change Rate +0.040606% | Assessed CR | Tax Rate +0.034075% |
| Year 2024 | Assessed Value $3,350,000 | Land Value $3,349,000 | Improvement Value $1,000 | Tax Amount $109,698.03 | Change Rate -0.136601% | Assessed CR | Tax Rate +0.032746% |
| Year 2023 | Assessed Value $4,150,000 | Land Value $3,561,100 | Improvement Value $588,900 | Tax Amount $127,053.68 | Change Rate +0.266783% | Assessed CR | Tax Rate +0.030615% |
| Year 2022 | Assessed Value $3,292,000 | Land Value $3,151,100 | Improvement Value $140,900 | Tax Amount $100,296.36 | Change Rate +0.062804% | Assessed CR | Tax Rate +0.030467% |
| Year 2021 | Assessed Value $2,844,000 | Land Value $2,700,900 | Improvement Value $143,100 | Tax Amount $94,369.58 | Change Rate -0.001036% | Assessed CR | Tax Rate +0.033182% |
| Year 2020 | Assessed Value $2,841,900 | Land Value $2,840,900 | Improvement Value $1,000 | Tax Amount $94,467.42 | Change Rate +0.035238% | Assessed CR | Tax Rate +0.033241% |
| Year 2019 | Assessed Value $2,535,000 | Land Value $2,520,800 | Improvement Value $14,200 | Tax Amount $91,251.92 | Change Rate +0.079302% | Assessed CR | Tax Rate +0.035997% |
| Year 2018 | Assessed Value $2,375,000 | Land Value $2,340,800 | Improvement Value $34,200 | Tax Amount $84,547.16 | Change Rate -0.035593% | Assessed CR | Tax Rate +0.035599% |
| Year 2017 | Assessed Value $2,286,700 | Land Value $2,285,700 | Improvement Value $1,000 | Tax Amount $87,667.5 | Change Rate +0.403993% | Assessed CR | Tax Rate +0.038338% |
| Year 2016 | Assessed Value $1,591,000 | Land Value $990,300 | Improvement Value $600,700 | Tax Amount $62,441.56 | Change Rate -0.004177% | Assessed CR | Tax Rate +0.039247% |
| Year 2015 | Assessed Value $1,515,000 | Land Value $990,300 | Improvement Value $524,700 | Tax Amount $62,703.46 | Change Rate | Assessed CR | Tax Rate +0.041388% |
| Year 2014 | Assessed Value $1,413,500 | Land Value $810,200 | Improvement Value $603,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |