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490 Northco Dr; Minneapolis, MN Property Details

490 Northco Dr, Minneapolis, MN is a Industrial (General) that was built in 1981. This property is currently a cash purchase and is not for sale. Our records show that 490 Northco Dr has a total of 191,881 square feet. The lot size of 490 Northco Dr is 409,656 square feet.

Off market
490 Northco Dr Minneapolis, MN 55432
$15,624,700 Estimated Value
191,881 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1981
  • Purchase Price: $18,960,000
  • APN: 11-30-24-42-0010
  • Situs County: Anoka
  • Length Of Ownership: 6 years, 5 months

Structure

  • Building Style: Masonry
  • Stories: 1
  • Exterior Wall Type: Tilt-up (pre-cast concrete)

Measurements

  • Total: 191,881/SqFt
  • Lot: 409,656/SqFt
  • Gross: 191,881/SqFt
  • Living: 182,410/SqFt
  • Building: 191,881/SqFt
  • Price Per Square Foot: $98.81

Legal Description

  • Description: LOT 2 BLOCK 1 NORTH CENTRAL BUSINESS PARK
Building Insights

Land Information

  • Property Type: Industrial (General)
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Spring Lake Park Public Schools
  • Lat / Lon: 45.097935 / -93.25749
  • Subdivision: North Central Business Park
  • Property Class: Industrial
  • County Use Code: 07

Amenities

  • Plus Four: 3306
  • Cooling: Evaporative Cooler
  • Garage: Garage
  • Heating: Space/Suspended

Ownership Info

490 Northco Dr has no associated ownership info
490 Northco Dr has no associated ownership info.

Taxes

490 Northco Dr has 10 associated Taxes items

490 Northco Dr, Minneapolis, MN pays taxes in Anoka County, MN. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $15,624,700. The APN we've located for 490 Northco Dr is 11-30-24-42-0010.

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Taxes
  • Assessed Value:  $15,624,700
  • Assessed Year:  2026
  • Assessed County:  Anoka
  • APN:  11-30-24-42-0010
  • Assessed Land Value:  1550900
  • Market Land Value:  1550900
  • Tax Amount:  513681.48
  • Tax Year:  2026
  • Market Value:  15624700
  • Market Year:  2026

Tax History

490 Northco Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $15,624,700 Land Value $1,550,900 Improvement Value $14,073,800 Tax Amount $513,681.47 Change Rate Assessed CR Tax Rate +0.032876%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $513,681.47 Change Rate -0.103027% Assessed CR Tax Rate
Year 2024 Assessed Value $19,378,300 Land Value $1,344,100 Improvement Value $18,034,200 Tax Amount $572,683.19 Change Rate +1.303926% Assessed CR Tax Rate +0.029553%
Year 2023 Assessed Value $10,746,200 Land Value $1,220,000 Improvement Value $9,526,200 Tax Amount $248,568.44 Change Rate +0.012033% Assessed CR Tax Rate +0.023131%
Year 2022 Assessed Value $8,266,300 Land Value $976,000 Improvement Value $7,290,300 Tax Amount $245,612.95 Change Rate +0.002792% Assessed CR Tax Rate +0.029713%
Year 2021 Assessed Value $7,459,300 Land Value $976,000 Improvement Value $6,483,300 Tax Amount $244,929.08 Change Rate +0.007694% Assessed CR Tax Rate +0.032835%
Year 2020 Assessed Value $7,313,000 Land Value $976,000 Improvement Value $6,337,000 Tax Amount $243,059 Change Rate -0.029094% Assessed CR Tax Rate +0.033237%
Year 2019 Assessed Value $6,964,800 Land Value $930,500 Improvement Value $6,034,300 Tax Amount $250,342.52 Change Rate +0.093932% Assessed CR Tax Rate +0.035944%
Year 2018 Assessed Value $6,927,600 Land Value Improvement Value Tax Amount $228,846.55 Change Rate -0.024553% Assessed CR Tax Rate +0.033034%
Year 2017 Assessed Value $6,111,300 Land Value Improvement Value Tax Amount $234,606.77 Change Rate +0.060102% Assessed CR Tax Rate +0.038389%
Year 2016 Assessed Value $5,648,700 Land Value Improvement Value Tax Amount $221,305.75 Change Rate +0.023693% Assessed CR Tax Rate +0.039178%
Year 2015 Assessed Value $5,648,700 Land Value $930,500 Improvement Value $4,718,200 Tax Amount $216,183.8 Change Rate Assessed CR Tax Rate +0.038271%
Year 2014 Assessed Value $5,429,600 Land Value $831,300 Improvement Value $4,598,300 Tax Amount Change Rate Assessed CR Tax Rate