21040 Commerce Blvd, Rogers, MN 55374 Property Records

Hennepin County property record for 21040 Commerce Blvd, Rogers, MN 55374

Property Summary

Property Type	General Industrial
Details	built 1999
Lot Size	3.01 acres (131,116 sqft)
Owner	Company on Record
Last Sale	$29,445,588 (Oct 2022)
Tax Bill	$95,285 (2025)
Deeds & Mortgages	Oct 2022 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`23-120-23-11-0015`

Property Details

APN / Parcel Number

Primary APN	`23-120-23-11-0015`

Interior

Units	2 Units

Exterior

Year Built	Built 1999
Effective Year Built	Effective 1999
Construction Type	Masonry / Concrete Block
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	131,116 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Space Heater

Location & Zoning

Street Address	21040 COMMERCE BLVD
City	ROGERS
State	MN
Zip	55374-4592
Property Category	Industrial
Property Type	Industrial > General Industrial
Legal Description	T REG. LAND SURVEY NO. 1701 TRACT A IRREGULAR
Legal Range	23
Legal Township	120
Legal Section	23
Legal Quarter	11
Legal Subdivision	REG. LAND SURVEY NO. 1701
Legal Tract	A
Legal Block	3
Jurisdiction	HENNEPIN MN
Township / Civil Division	ROGERS
Census Block Group	3
Census Block	3029
Census Tract	26911

Owner

Source: Hennepin County assessment roll, as of June 23, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company on Record
Mailing Address	5511 SOUTHWOOD DR, MINNEAPOLIS, MN 55437-1733
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 18, 2022 · Amount on Record
Deed Sale	Oct 18, 2022 · Amount on Record
Deed Document Number	20225979527
Record Updated	Sep 20, 2026

October 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	HENNEPIN MN
Recording Date	Oct 18, 2022
Property Address	21040 COMMERCE BLVD, ROGERS, MN 55374-4592
Document Number	00T5979527
Instrument Date	Oct 14, 2022
Instrument	T5979527
Transaction Type	Transfer
Record Updated	Oct 27, 2022
Title Company	FIRST AMERICAN TITLE INSURANCE COMPANY NA, FIRST AMER TTL INS CO NATL C

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$9,817.50
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5511 SOUTHWOOD DR, BLOOMINGTON, MN 55437-1733

Mortgage

Document Number	00T5979528
Date	Oct 18, 2022
Instrument	T5979528

Lender

Name	FIRST BANK ELK RIVER
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	120 Months
Due	Oct 14, 2032

Tax Assessment & Valuation

Source: Hennepin County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Hennepin County
Municipality	Rogers City
Unified School District	Elk River School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$95,285.00 (+8.46%)	$3,030,000 (+7.26%) Land $556,000 Building $2,474,000	$3,030,000 (+7.26%) Land $556,000 Building $2,474,000
2023	$87,855.00
2022		$2,825,000 Land $491,000 Building $2,334,000	$2,825,000 Land $491,000 Building $2,334,000

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective December 25, 2025

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 92% of Minnesota
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	Rogers serves 14,430 people · EPA ID MN1270047
Water Source	Groundwater
Last State Inspection	May 2025
Lead	Under 1 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 33 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Starlink Satellite	280 / 30

May also be available: AT&T, CenturyLink, T-Mobile.

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