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7541 Commerce Ln; Minneapolis, MN Property Details

7541 Commerce Ln, Minneapolis, MN is a Industrial (General) that was built in 1971. This property is currently a cash purchase and is not for sale. Our records show that 7541 Commerce Ln has a total of 16,300 square feet. The lot size of 7541 Commerce Ln is 67,243 square feet.

Off market
7541 Commerce Ln NE Minneapolis, MN 55432
$585,000 Listing Price
16,300 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1971
  • Purchase Price: $585,000
  • APN: 11-30-24-22-0012
  • Situs County: Anoka
  • Length Of Ownership: 11 years, 3 months

Structure

  • Building Style: Metal
  • Stories: 1
  • Exterior Wall Type: Metal

Measurements

  • Total: 16,300/SqFt
  • Lot: 67,243/SqFt
  • Gross: 16,300/SqFt
  • Living: 15,500/SqFt
  • Building: 16,300/SqFt
  • Price Per Square Foot: $35.89

Legal Description

  • Description: LOT 27 BLK 2 COMMERCE PARK, SUBJ TO EASE OF REC
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: 45.10542 / -93.26598
  • Subdivision: Commerce Park
  • Property Class: Industrial
  • County Use Code: 07

Amenities

  • Plus Four: 3123
  • Cooling: Evaporative Cooler
  • Garage: Garage
  • Heating: Space/Suspended

Ownership Info

7541 Commerce Ln NE has no associated ownership info
7541 Commerce Ln NE has no associated ownership info.

Taxes

7541 Commerce Ln NE has 10 associated Taxes items

7541 Commerce Ln, 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 $1,110,800. The APN we've located for 7541 Commerce Ln is 11-30-24-22-0012.

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Taxes
  • Assessed Value:  $1,110,800
  • Assessed Year:  2026
  • Assessed County:  Anoka
  • APN:  11-30-24-22-0012
  • Assessed Land Value:  353900
  • Market Land Value:  353900
  • Tax Amount:  31278.9
  • Tax Year:  2026
  • Market Value:  1110800
  • Market Year:  2026

Tax History

7541 Commerce Ln NE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,110,800 Land Value $353,900 Improvement Value $756,900 Tax Amount $31,278.9 Change Rate +0.075636% Assessed CR Tax Rate +0.028159%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $29,079.46 Change Rate +0.174075% Assessed CR Tax Rate
Year 2024 Assessed Value $1,028,100 Land Value $306,700 Improvement Value $721,400 Tax Amount $24,767.98 Change Rate -0.125644% Assessed CR Tax Rate +0.024091%
Year 2023 Assessed Value $1,115,200 Land Value $279,000 Improvement Value $836,200 Tax Amount $28,327.1 Change Rate +0.402455% Assessed CR Tax Rate +0.025401%
Year 2022 Assessed Value $964,000 Land Value $238,600 Improvement Value $725,400 Tax Amount $20,198.22 Change Rate -0.115737% Assessed CR Tax Rate +0.020953%
Year 2021 Assessed Value $681,800 Land Value $238,600 Improvement Value $443,200 Tax Amount $22,841.88 Change Rate +0.010446% Assessed CR Tax Rate +0.033502%
Year 2020 Assessed Value $705,400 Land Value $238,600 Improvement Value $466,800 Tax Amount $22,605.74 Change Rate -0.040548% Assessed CR Tax Rate +0.032047%
Year 2019 Assessed Value $671,700 Land Value $227,100 Improvement Value $444,600 Tax Amount $23,561.1 Change Rate +0.056936% Assessed CR Tax Rate +0.035077%
Year 2018 Assessed Value $676,500 Land Value Improvement Value Tax Amount $22,291.88 Change Rate -0.141614% Assessed CR Tax Rate +0.032952%
Year 2017 Assessed Value $619,400 Land Value Improvement Value Tax Amount $25,969.52 Change Rate +0.157816% Assessed CR Tax Rate +0.041927%
Year 2016 Assessed Value $579,200 Land Value Improvement Value Tax Amount $22,429.74 Change Rate Assessed CR Tax Rate +0.038725%
Year 2015 Assessed Value $579,200 Land Value $208,300 Improvement Value $370,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $605,200 Land Value $213,000 Improvement Value $392,200 Tax Amount Change Rate Assessed CR Tax Rate