3388 River Rapids Dr NW, Minneapolis, MN 55448 Property Records

Anoka County property record for 3388 River Rapids Dr NW, Minneapolis, MN 55448

Property Summary

Property Type	Commercial
Details	5,000 sqft · built 2002
Lot Size	1.21 acres (51,793 sqft)
Owner	Company Name on File
Last Sale	$37,778 (Jul 2012)
Tax Bill	$82,390 (2026)
Deeds & Mortgages	Oct 2020 Sale Mar 2019 Loan Modification + 1 more
Flood Zone	Zone X (minimal risk)
APN	`05-31-24-43-0035`

Property Details

APN / Parcel Number

Primary APN	`05-31-24-43-0035`
Alternative APN	`1529215`

Interior

Stories	1 Story
Building Area	5,000 sqft Gross Area

Exterior

Year Built	Built 2002
Effective Year Built	Effective 2006
Exterior Material	Block
Construction Type	Masonry / Concrete Block
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	51,793 sqft (1.21 acres)

Utilities, Heating & Cooling

Cooling System	Evaporative
Heating System	HVAC

Location & Zoning

Account Number	1529215
Street Address	3388 RIVER RAPIDS DR NW
City	MINNEAPOLIS
State	MN
Zip	55448-4104
Property Category	Commercial
Property Type	Commercial > Retail
Legal Description	LOT 2 BLOCK 2 RIVERDALE VILLAGE 5TH ADD
Legal Range	24W
Legal Township	31N
Legal Section	05
Legal Subdivision	RIVERDALE VILLAGE 5TH ADD
Legal Block	2
Legal Lot Number	2
Jurisdiction	ANOKA MN
Township / Civil Division	COON RAPIDS
Census Block Group	3
Census Block	3015
Census Tract	50609

Owner

3388 River Rapids Dr NW, a commercial property, is owned by a company that bought it in July 2012.

Source: Anoka County records, as of May 27, 2026

Owner of Record	Company Name on File
Mailing Address	400 CLEMATIS ST, 201, WEST PALM BEACH, FL 33401-5322
Owner Type	Company
Vesting	Partnership

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

Deeds, Mortgages & Sale History

Date	Document
Oct 28, 2020	Grant Deed, Transfer ATTORNEY ONLY
Mar 18, 2019	Loan Modification, Consolidation and Extension, Mortgage MORGAN STANLEY BK
Feb 21, 2018	Grant Deed, Mortgage · Line of Credit COLUMN FIN'L

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 2, 2012 · Amount on File
Deed Sale	Jul 2, 2012 · Amount on File
Deed Document Number	201272569
Record Updated	Sep 20, 2026

October 2020: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	ANOKA MN
Recording Date	Oct 28, 2020
Property Address	3388 RIVER RAPIDS DR NW, MINNEAPOLIS, MN 55448-4104
Document Number	0579856002
Instrument Date	Sep 24, 2020
Instrument	579856002
Transaction Type	Transfer
Record Updated	Dec 2, 2020
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Partnership
Address	400 CLEMATIS ST #201 WEST PALM BEACH FL 334015322, 201, WEST PALM BEACH, FL 33401-5322

March 2019: Loan Modification, Consolidation and Extension, Mortgage

Document Type	Loan Modification, Consolidation and Extension
Jurisdiction	ANOKA MN
Recording Date	Mar 18, 2019
Property Address	3388 RIVER RAPIDS DR NW, MINNEAPOLIS, MN 55448-4104
Instrument Date	Mar 11, 2019
Instrument	563591004
Transaction Type	Mortgage
Record Updated	Jan 14, 2020
Title Company	NOT AVAILABLE

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	3300 ENTERPRISE PKWY BEACHWOOD OH 441227200, BEACHWOOD, OH 44122-7200

Mortgage

Document Number	0563591004
Date	Mar 18, 2019
Instrument	563591004

Lender

Name	MORGAN STANLEY BK
Type	Bank
Address	1585 BROADWAY, NEW YORK, NY 10036-8200

Agreement

Amount	Amount on Record
Term	24 Months
Due	Mar 17, 2021

February 2018: Grant Deed, Mortgage

Document Type	Grant Deed
Jurisdiction	ANOKA MN
Recording Date	Feb 21, 2018
Property Address	3388 RIVER RAPIDS DR NW, MINNEAPOLIS, MN 55448-4104
Instrument Date	Feb 14, 2018
Instrument	554952002
Transaction Type	Mortgage
Record Updated	Mar 13, 2018
Title Company	ATTORNEY ONLY

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	3300 ENTERPRISE PKWY BEACHWOOD OH 441227200, BEACHWOOD, OH 44122-7200

Mortgage

Document Number	0554952002
Date	Feb 21, 2018
Instrument	554952002

Lender

Name	COLUMN FIN'L
Type	Funding / Finance Company
Address	11 MADISON AVE, NEW YORK, NY 10010-3643

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	36 Months
Due	Feb 20, 2021

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2026 property tax bill for 3388 River Rapids Dr NW was $82,390.

Source: Anoka County assessment roll, as of May 27, 2026

Property Jurisdictions

Type	Name
State	Minnesota
County	Anoka County
Municipality	Coon Rapids City
Unified School District	Anoka-Hennepin Public School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$82,390.00	$2,823,900 Land $1,205,400 Building $1,618,500	$2,823,900 Land $1,205,400 Building $1,618,500
2024	$51,532.00	$2,484,200 Land $1,205,400 Building $1,278,800	$2,484,200 Land $1,205,400 Building $1,278,800

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

Flood

FEMA maps place 3388 River Rapids Dr NW in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective November 30, 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

The area around 3388 River Rapids Dr NW has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire Risk	Not rated no burnable land within 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	Coon Rapids serves 63,599 people · EPA ID MN1020017
Water Source	Groundwater
Last State Inspection	Jul 2024
Lead	Under 1 ppb (2024–2026) 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. 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 100 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
CenturyLink DSL · Fiber in parts of the area	140 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Gateway Fiber.

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