23220 State Hwy 55, Loretto, MN 55357 Property Records

Hennepin County property record for 23220 State Hwy 55, Loretto, MN 55357

Property Summary

Property TypeCommercial
Detailsbuilt 1950
Lot Size0.7 acres (30,492 sqft)
OwnerCompany Name on Record
Last Sale$600,000 (Aug 2024)
Tax Bill$14,325 (2025)
Flood ZoneZone X (minimal risk)
APN31-119-23-44-0002

Property Details

APN / Parcel Number

Primary APN31-119-23-44-0002

Exterior

Year BuiltBuilt 1950
Effective Year BuiltEffective 1975
Construction TypeMasonry / Concrete Block
Fire ResistanceMasonry Walls, Wood Interior
Lot Area30,492 sqft (0.7 acres)

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Heating FuelElectric

Location & Zoning

Street Address23220 STATE HIGHWAY 55
CityLORETTO
StateMN
Zip55357-4528
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionUNPLATTED 31 119 23 E 208 FT OF W 416 FT OF S 208 FT OF SE 1/4 OF SE 1/4 EXCEPT STATE HWY IRREGULAR
Legal Range23
Legal Township119
Legal Section31
Legal Quarter44
Legal SubdivisionUNPLATTED 31 119 23
Legal Block3
JurisdictionHENNEPIN MN
Township / Civil DivisionCORCORAN
Census Block Group3
Census Block3027
Census Tract27102

Owner

Source: Hennepin County records, as of July 20, 2026

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

Owner of RecordCompany Name on Record
Mailing Address18076 TERRITORIAL RD, MAPLE GROVE, MN 55369-9223
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleAug 22, 2024 · Amount on Record
Deed SaleAug 22, 2024 · Amount on Record
Prior SaleDec 2, 2005 · Amount on Record
Deed Document Number202411308415
Record UpdatedSep 20, 2026

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateMinnesota
CountyHennepin County
MunicipalityCorcoran City
Unified School DistrictDelano Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$14,325.00 (+21.22%)$515,000 (+15.73%) Land $215,000 Building $300,000$515,000 (+15.73%) Land $215,000 Building $300,000
2024$11,817.00 (-4.45%)$445,000 (-) Land $215,000 Building $230,000$445,000 (-) Land $215,000 Building $230,000
2023$12,367.00
2022$445,000 Land $215,000 Building $230,000$445,000 Land $215,000 Building $230,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot 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 RiskLow
lower than 97% of the US · lower than 89% of Minnesota
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

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

Internet Providers

Source: FCC Broadband Data Collection, based on 6 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Fiber
2,000 / 2,000
Verizon
Fixed Wireless
300 / 20
Starlink
Satellite
280 / 30
AT&T
Fixed Wireless
100 / 20

May also be available: T-Mobile.

Nearby Properties on State Hwy 55

Nearby Streets

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