Hennepin County property record for 11150 Commerce Dr N, Champlin, MN 55316 · Last verified July 2026
| Property Type | Commercial > Retail |
|---|---|
| Year Built | Built 2006 |
| Lot Size | 64,469 sqft (1.48 acres) |
| Last Sale | $1,200,000 (2025) |
| Tax Bill | $24,513.00 (2025) |
| Primary APN | 31-120-21-31-0014 |
|---|
| Primary Flooring | Carpet Flooring |
|---|
| Year Built | Built 2001 |
|---|---|
| Effective Year Built | Effective 2006 |
| Construction Type | Masonry/Concrete Masonry Units (CMUs) Construction |
| Fire Resistance Class | Buildings having exterior walls built of a non-combustible material such as brick, concrete, block or poured concrete. Interior partitions and roof structure are built of combustible materials. Floor may be concrete or wood frame. |
| Lot Area | 64,469 sqft (1.48 acres) |
| Cooling System | A/C Package Cooling |
|---|---|
| Heating System | Forced Air with Air Conditioning Heating |
| Heating Fuel | Electric Heating Fuel |
| Street Address | 11150 COMMERCE DR N |
|---|---|
| City | CHAMPLIN |
| State | MN |
| Zip | 55316-3111 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail |
| Legal Description | LOT 001 BLOCK 001 T ELM CREEK BUSINESS CENTER EXCEPT HWY IRREGULAR |
| Legal Range | 21 |
| Legal Township | 120 |
| Legal Section | 31 |
| Legal Quarter | 31 |
| Legal Subdivision | ELM CREEK BUSINESS CENTER |
| Legal Block | 1 |
| Legal Lot Number | 1 |
| Jurisdiction | HENNEPIN MN |
| Minor Civil Division | CHAMPLIN |
| Census Blockgroup | 1 |
| Census Block | 1023 |
| Census Tract | 26907 |
Source: Hennepin County records · APN 31-120-21-31-0014
Assessment roll updated June 23, 2026 · Last verified July 2026
Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | 5030 GREENWOOD CIR, EXCELSIOR, MN 55331-7216 |
| Owner Type | Owner is a Company |
| Date | Document |
|---|---|
| Feb 28, 2022 | Deed of Trust, Mortgage · Line of Credit MINNESOTA BANK & TRUST |
| Nov 05, 2025 | Warranty Deed, Transfer · Commercial Mortgage BANK OF AMERICA NA |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Nov 05, 2025 · Amount on Record |
| Deed Sale | Nov 05, 2025 · Amount on Record |
| Prior Sale | Jan 30, 2001 · Amount on Record |
| Deed Doc Number | 20256169394 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Property Address | 11150 COMMERCE DR N, CHAMPLIN, MN 55316-3111 |
| Transaction Type | Mortgage |
| Record Updated | Nov 26, 2025 |
| Name | Verified Name |
|---|---|
| Address | 11150 COMMERCE DR N, CHAMPLIN, MN 55316-3111 |
| Document Number | 0T05925880 |
|---|---|
| Date | Feb 28, 2022 |
| Instrument | T05925880 |
| Name | MINNESOTA BANK & TRUST |
|---|---|
| Type | Bank |
| Address | HOPKINS, MN 55343 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|---|
| Change Frequency | Monthly (Revolving credit lines are monthly unless stated otherwise). |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Recording Date | Nov 05, 2025 |
| Property Address | 11150 COMMERCE DR N, CHAMPLIN, MN 55316-3111 |
| Document Number | 00T6169394 |
| Instrument Date | Oct 24, 2025 |
| Instrument | T6169394 |
| Transaction Type | Transfer |
| Record Updated | Nov 26, 2025 |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $3,960.00 |
| Amount Accuracy | Rounded Values by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 5030 GREENWOOD CIR, GREENWOOD, MN 55331-7216 |
| Document Number | 00T6169395 |
|---|---|
| Date | Nov 05, 2025 |
| Instrument | T6169395 |
| Name | BANK OF AMERICA NA |
|---|---|
| Type | Bank |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 179 Months |
| Due | Oct 24, 2040 |
Source: Hennepin County records · Assessment roll updated June 23, 2026 · Last verified July 2026
| Type | Name |
|---|---|
| State | Minnesota |
| County | Hennepin County |
| Municipality | Champlin City |
| Unified School District | Anoka-Hennepin Public School District (PK - 12) |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $24,513.00 (+15.78%) | $858,000 (+0.47%) Land $434,000 Building $424,000 | $858,000 (+0.47%) Land $434,000 Building $424,000 |
| 2024 | $854,000 (+11.78%) Land $434,000 Building $420,000 | $854,000 (+11.78%) Land $434,000 Building $420,000 | |
| 2023 | $21,172.00 | ||
| 2022 | $764,000 Land $396,000 Building $368,000 | $764,000 Land $396,000 Building $368,000 |
11150 Commerce Dr N is in FEMA Zone X, outside the Special Flood Hazard Area, with no wildfire exposure.
Source: FEMA National Flood Hazard Layer · Hennepin County (27053C), updated December 25, 2025
| FEMA Flood Zone | Zone X minimal flood hazard · outside the 0.2% annual chance floodplain |
|---|---|
| Special Flood Hazard Area | No |
Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020
| Wildfire Risk to Homes | Not rated no burnable land in reach |
|---|---|
| Wildfire Likelihood | Negligible |
| Exposure | None beyond ember reach of burnable land |
Values are read at the parcel center point; lenders make the official flood determination.
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