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500 Kasota Ave; Minneapolis, MN Property Details

500 Kasota Ave, Minneapolis, MN is a Industrial (General) that was built in 1979. This property is currently a cash purchase and is not for sale. Our records show that 500 Kasota Ave has a total of 86,055 square feet. The lot size of 500 Kasota Ave is 183,388 square feet.

Off market
500 Kasota Ave SE Minneapolis, MN 55414
$6,089,000 Estimated Value
86,055 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1979
  • Purchase Price: $6,400,000
  • Open Loans / Balance: 1 / $15,521,607
  • APN: 19-029-23-44-0008
  • Situs County: Hennepin
  • Length Of Ownership: 4 years, 7 months

Structure

  • Building Style: Concrete
  • Stories: 1
  • Exterior Wall Type: Glass
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Flat
  • Roof Cover Type: Tar & Gravel

Measurements

  • Total: 86,055/SqFt
  • Lot: 183,388/SqFt
  • Gross: 86,055/SqFt
  • Living: 86,055/SqFt
  • Building: 86,055/SqFt
  • Ground: 86,055/SqFt
  • Price Per Square Foot: $74.37

Legal Description

  • Description: LOT 001 BLOCK 002 T KASOTA INDUSTRIAL PARK THAT PART OF LOT 1 LYING SLY OF A LINE DRAWN SELY AT RT ANGLES FROM A PT IN NWLY LINE THOF DIS 300 FT NELY AS MEAS ALONG SAID NWLY LINE FROM T 186000 SQ. FT.
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: 44.978004 / -93.20883
  • Subdivision: Kasota Industrial Park
  • Property Class: Industrial
  • Zoning: I2
  • County Use Code: I

Amenities

  • Plus Four: 2811
  • Cooling: Yes
  • Garage: Garage
  • Heating: Yes
  • Parking: 50

Ownership Info

500 Kasota Ave SE has no associated ownership info
500 Kasota Ave SE has no associated ownership info.

Taxes

500 Kasota Ave SE has 10 associated Taxes items

500 Kasota 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 $6,089,000. The APN we've located for 500 Kasota Ave is 19-029-23-44-0008.

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Taxes
  • Assessed Value:  $6,089,000
  • Assessed Year:  2025
  • Assessed County:  Hennepin
  • APN:  19-029-23-44-0008
  • Assessed Land Value:  1637000
  • Market Land Value:  1637000
  • Tax Amount:  209023.62
  • Tax Year:  2025
  • Market Value:  6089000
  • Market Year:  2025

Tax History

500 Kasota Ave SE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $6,089,000 Land Value $1,637,000 Improvement Value $4,452,000 Tax Amount $209,023.62 Change Rate +0.040453% Assessed CR Tax Rate +0.034328%
Year 2024 Assessed Value $6,089,000 Land Value $1,637,000 Improvement Value $4,452,000 Tax Amount $200,896.78 Change Rate +0.126893% Assessed CR Tax Rate +0.032993%
Year 2023 Assessed Value $5,800,000 Land Value $1,637,000 Improvement Value $4,163,000 Tax Amount $178,274.86 Change Rate +0.343196% Assessed CR Tax Rate +0.030737%
Year 2022 Assessed Value $4,640,000 Land Value $1,273,200 Improvement Value $3,366,800 Tax Amount $132,724.41 Change Rate +0.062521% Assessed CR Tax Rate +0.028604%
Year 2021 Assessed Value $3,932,000 Land Value $1,273,200 Improvement Value $2,658,800 Tax Amount $124,914.64 Change Rate +0.005933% Assessed CR Tax Rate +0.031769%
Year 2020 Assessed Value $3,745,000 Land Value $1,273,200 Improvement Value $2,471,800 Tax Amount $124,177.84 Change Rate +0.15426% Assessed CR Tax Rate +0.033158%
Year 2019 Assessed Value $3,500,000 Land Value $1,273,200 Improvement Value $2,226,800 Tax Amount $107,582.22 Change Rate +0.085656% Assessed CR Tax Rate +0.030738%
Year 2018 Assessed Value $2,938,000 Land Value $1,182,300 Improvement Value $1,755,700 Tax Amount $99,094.18 Change Rate +0.014399% Assessed CR Tax Rate +0.033728%
Year 2017 Assessed Value $2,544,000 Land Value $1,091,300 Improvement Value $1,452,700 Tax Amount $97,687.58 Change Rate +0.029196% Assessed CR Tax Rate +0.038399%
Year 2016 Assessed Value $2,400,000 Land Value $1,091,300 Improvement Value $1,308,700 Tax Amount $94,916.36 Change Rate -0.052822% Assessed CR Tax Rate +0.039548%
Year 2015 Assessed Value $2,400,000 Land Value $1,091,300 Improvement Value $1,308,700 Tax Amount $100,209.66 Change Rate Assessed CR Tax Rate +0.041754%
Year 2014 Assessed Value $2,400,000 Land Value $1,091,300 Improvement Value $1,308,700 Tax Amount Change Rate Assessed CR Tax Rate