940 Pennington Ave, Thief River Falls, MN 56701 Property Records

Pennington County property record for 940 Pennington Ave, Thief River Falls, MN 56701

Property Summary

Property TypeDistribution Warehouse (Regional)
Details3,000 sqft · built 1977
Lot Size3.55 acres (154,638 sqft)
OwnerCompany Name on Record
Tax Bill$4,826 (2026)
Deeds & MortgagesFeb 2015 Mortgage
Oct 2011 Mortgage
Flood ZoneZone X (minimal risk)
APNR-25.00200830

Property Details

APN / Parcel Number

Primary APNR-25.00200830
Alternative APN
  • 5143

Interior

Building Area3,000 sqft Total Area

Exterior

Year BuiltBuilt 1977
Effective Year BuiltEffective 1977
Lot Area154,638 sqft (3.55 acres)
Lot Width300 ft Width

Location & Zoning

Account Number5143
Street Address940 PENNINGTON AVE
CityTHIEF RIVER FALLS
StateMN
Zip56701
Property CategoryIndustrial
Property TypeIndustrial > Distribution Warehouse (Regional)
Legal DescriptionSECT-03 TWP-153 RANGE-043 3.55 AC S 300 FT OF N 740 FT
Legal Range43
Legal Township153
Legal Section03
JurisdictionPENNINGTON MN
Township / Civil DivisionTHIEF RIVER FALLS
Census Block Group2
Census Block2026
Census Tract90500

Owner

Source: Pennington 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 AddressPO BOX 131420, SAINT PAUL, MN 55113-0012
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Feb 10, 2015Deed of Trust, Mortgage · Commercial Mortgage
MARVIN KROPP ETAL
Oct 7, 2011Deed of Trust, Mortgage · Commercial Mortgage
FRED GEGARE

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedSep 20, 2026

February 2015: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionPENNINGTON MN
Property Address940 PENNINGTON AVE, THIEF RIVER FALLS, MN 56701
Transaction TypeMortgage
Record UpdatedApr 23, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000204225
DateFeb 10, 2015
Instrument204225
Lender
NameMARVIN KROPP ETAL
TypePrivate Party
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

October 2011: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionPENNINGTON MN
Property Address940 PENNINGTON AVE, THIEF RIVER FALLS, MN 56701
Transaction TypeMortgage
Record UpdatedApr 23, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000194711
DateOct 7, 2011
Instrument194711
Lender
NameFRED GEGARE
TypePrivate Party
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Pennington County assessment roll, as of April 23, 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyPennington County
MunicipalityThief River Falls City
Unified School DistrictThief River Falls School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$4,826.00
2025$4,826.00$181,300 Land $102,800 Building $78,500$181,300 Land $102,800 Building $78,500

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 October 8, 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 94% of the US · lower than 82% of Minnesota
Wildfire Likelihood0.03% 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 SystemThief River Falls
serves 8,701 people · EPA ID MN1570003
Water SourceSurface water
Last State InspectionFeb 2025
Lead7 ppb (2023)
action level 15 ppb

Violations Reported to EPA

Listed by EPA as a serious violator.

Water QualityTurbidity
not recorded as resolved · Jan 2025
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.

Internet Providers

Source: FCC Broadband Data Collection, based on 88 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Garden Valley Technologies
Fiber
6,000 / 6,000
Sjobergs
Cable
100 / 20

May also be available: T-Mobile.

Nearby Properties on Pennington Ave

Nearby Streets

Search Property Records by Address or Parcel Number