2870 Metro Dr, Bloomington (Minneapolis), MN 55425 Property Records

Hennepin County property record for 2870 Metro Dr, Bloomington, MN 55425

Property Summary

Property TypeCommercial
Details18,342 sqft · built 2006
Lot Size1.9 acres (82,764 sqft)
OwnerCompany Name on File
Last Sale$16,800,000 (Apr 2019)
Tax Bill$245,592 (2023)
Deeds & MortgagesApr 2019 Sale & Line of Credit
Flood ZoneZone X (minimal risk)
APN01-027-24-11-0018

Property Details

APN / Parcel Number

Primary APN01-027-24-11-0018

Interior

Units113 Units
Stories5 Stories
Building Area18,342 sqft
Gross Area35,025 sqft
1st Floor Area18,342 sqft

Exterior

Year BuiltBuilt 2006
Effective Year BuiltEffective 2009
Exterior MaterialBrick/Stone
Lot Area82,764 sqft (1.9 acres)

Location & Zoning

Street Address2870 METRO DR
CityBLOOMINGTON
StateMN
Zip55425-1403
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionCIC NO 1953 BLOOMINGTON HOTEL CONDO UNIT NO 1 IRREGULAR
Legal Range24
Legal Township27
Legal Section01
Legal QuarterNE
Quarter-Quarter SectionNE
Legal SubdivisionCIC NO 1953 BLOOMINGTON HOTEL CONDO
Legal Unit1
JurisdictionHENNEPIN MN
Township / Civil DivisionBLOOMINGTON
Census Block Group1
Census Block1000
Census Tract25100

Owner

Source: Hennepin County records, as of April 8, 2024

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on File
Mailing Address566 W LAKE ST STE 320, 320, CHICAGO, IL 60661-1414
Owner TypeCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleApr 25, 2019 · Amount on File
Deed SaleApr 25, 2019 · Amount on File
Deed Document NumberT05608815
Record UpdatedJun 7, 2026

April 2019: Trustee's Deed, Transfer

Document TypeTrustee's Deed
JurisdictionHENNEPIN MN
Recording DateApr 25, 2019
Property Address2870 METRO DR, BLOOMINGTON, MN 55425-1403
Document Number0005608815
Instrument DateApr 12, 2019
Instrument5608815
Transaction TypeTransfer
Record UpdatedMay 10, 2019
Title CompanyFIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE

Transaction

AmountAmount on Record
Tax$57,120.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address566 W LAKE ST #320 CHICAGO IL 606611414, 320, CHICAGO, IL 60661-1414

Mortgage

Document Number5608817
DateApr 25, 2019
Instrument5608817
Lender
NameCITI R/E FNDG INC
Address388 GREENWICH ST # 6TH, NEW YORK, NY 10013-2375
Agreement
TypeLine of Credit
AmountAmount on Record
Term60 Months
DueApr 24, 2024
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Hennepin County assessment roll, as of February 1, 2023

Property Jurisdictions

TypeName
StateMinnesota
CountyHennepin County
MunicipalityBloomington City
Unified School DistrictBloomington Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2023$245,592.00
2022$8,100,000 Land $1,493,000 Building $6,607,000$8,100,000 Land $1,493,000 Building $6,607,000

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 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 80% of the US · lower than 60% of Minnesota
Wildfire Likelihood0.01% annual chance
ExposureNone
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 SystemBloomington
serves 91,300 people · EPA ID MN1270001
Water SourcePurchased surface water from several systems
Last State InspectionDec 2024
Lead2 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 8 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
1,200 / 35

May also be available: Verizon.

Nearby Properties on Metro Dr

Nearby Streets

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