Hennepin County property record for 11218 Commerce Dr N, Champlin, MN 55316 · Last verified July 2026
| Property Type | Commercial > Retail |
|---|---|
| Year Built | Built 2010 |
| Lot Size | 1.21 acres |
| Last Sale | $2,650,000 (2022) |
| Tax Bill | $50,679.00 (2025) |
Source: Hennepin County records · APN 31-120-21-31-0018
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 | 7320 EASTMAN AVE, MIDLAND, MI 48642-7808 |
| Owner Type | Owner is a Company |
| Date | Document |
|---|---|
| Oct 07, 2025 | Deed of Trust, Mortgage BRIDGEWATER BANK |
| Nov 01, 2023 | Deed of Trust, Mortgage · Commercial Mortgage BRIDGEWATER BANK |
| Dec 08, 2022 | Warranty Deed, Transfer · Commercial Mortgage LIVE OAK BANKING COMPANY |
| Deed Names | Verified Name on Deed |
|---|---|
| Last Sale | Dec 08, 2022 · Amount on Record |
| Deed Sale | Dec 08, 2022 · Amount on Record |
| Prior Sale | Dec 01, 2022 · Amount on Record |
| Deed Doc Number | 20225989353 |
| Record Refreshed | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Property Address | 11218 COMMERCE DR N, CHAMPLIN, MN 55316-3166 |
| Transaction Type | Mortgage |
| Record Updated | Oct 22, 2025 |
| Name | Verified Name |
|---|
| Document Number | 00T6162526 |
|---|---|
| Date | Oct 07, 2025 |
| Instrument | T6162526 |
| Name | BRIDGEWATER BANK |
|---|---|
| Type | Bank |
| Address | MINNEAPOLIS, MN 55416 |
| Amount | Amount Recorded |
|---|---|
| Term | 59 Months |
| Due | Sep 19, 2030 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Property Address | 11218 COMMERCE DR N, CHAMPLIN, MN 55316-3166 |
| Transaction Type | Mortgage |
| Record Updated | Nov 14, 2023 |
| Name | Verified Name |
|---|
| Document Number | 00T6044544 |
|---|---|
| Date | Nov 01, 2023 |
| Instrument | T6044544 |
| Name | BRIDGEWATER BANK |
|---|---|
| Type | Bank |
| Address | MINNEAPOLIS, MN 55416 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 59 Months |
| Due | Oct 27, 2028 |
| Document Type | Warranty Deed |
|---|---|
| Jurisdiction | HENNEPIN MN |
| Recording Date | Dec 08, 2022 |
| Property Address | 11218 COMMERCE DR N, CHAMPLIN, MN 55316-3166 |
| Document Number | 00T5989353 |
| Instrument Date | Dec 01, 2022 |
| Instrument | T5989353 |
| Transaction Type | Transfer |
| Record Updated | May 15, 2023 |
| Amount | Amount Recorded |
|---|---|
| Downpayment | Downpayment on File |
| Loan-to-Value (LTV) | LTV on Record |
| Tax | $8,745.00 |
| Amount Accuracy | Rounded Values by County |
| Additional |
|
| Name | Verified Name |
|---|
| Name | Verified Name |
|---|---|
| Address | 7320 EASTMAN AVE, MIDLAND, MI 48642-7808 |
| Document Number | 00T5989354 |
|---|---|
| Date | Dec 08, 2022 |
| Instrument | T5989354 |
| Name | LIVE OAK BANKING COMPANY |
|---|---|
| Type | Bank |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 60 Months |
| Due | Nov 30, 2027 |
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 | $50,679.00 (+6.84%) | $1,714,000 (+3%) Land $424,000 Building $1,290,000 | $1,714,000 (+3%) Land $424,000 Building $1,290,000 |
| 2024 | $47,436.00 (+24.72%) | $1,664,000 (+25.58%) Land $424,000 Building $1,240,000 | $1,664,000 (+25.58%) Land $424,000 Building $1,240,000 |
| 2023 | $38,034.00 | ||
| 2022 | $1,325,000 Land $408,000 Building $917,000 | $1,325,000 Land $408,000 Building $917,000 |
Source: FEMA National Flood Hazard Layer, Hennepin County (27053C), updated December 25, 2025 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026
| FEMA Flood Zone | Zone X |
|---|---|
| Flood Hazard | Minimal |
| 500-Year Floodplain | No |
| Special Flood Hazard Area | No |
| Wildfire Risk | Not rated no burnable land in reach |
|---|---|
| Wildfire Likelihood | Negligible |
| Exposure | None beyond ember reach |
Values are read at the parcel center point; lenders make the official flood determination.
| Primary APN | 31-120-21-31-0018 |
|---|
| Primary Flooring | Carpet Flooring |
|---|
| Year Built | Built 2000 |
|---|---|
| Effective Year Built | Effective 2010 |
| Construction Type | Steel Frame 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 | 53,143 sqft |
| Cooling System | A/C Package Cooling |
|---|---|
| Heating System | HVAC Heating |
| Street Address | 11218 COMMERCE DR N |
|---|---|
| City | CHAMPLIN |
| State | MN |
| Zip | 55316-3166 |
| Property Usage | Commercial Property Usage |
| Type | Commercial > Retail |
| Legal Description | LOT 005 BLOCK 001 T ELM CREEK BUSINESS CENTER 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 | 5 |
| Jurisdiction | HENNEPIN MN |
| Minor Civil Division | CHAMPLIN |
| Census Blockgroup | 1 |
| Census Block | 1023 |
| Census Tract | 26907 |
Search by:
By searching, you agree to: Terms • Privacy • Disclosures