Minneapolis · Commercial sale
Bush Lake Road Properties buys 10951 Bush Lake Rd in Bloomington for $10.8 million
A warehouse at 10951 Bush Lake Rd, Bloomington sold for $10,800,000 on September 9, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $10,800,000
- Sold
- September 9, 2026
- Property type
- Warehouse
- Lot size
- 653,836 sq ft
- Year built
- 1988
A warehouse at 10951 Bush Lake Rd in Bloomington sold for $10,800,000 on September 9, 2026, more than triple the $3,150,000 price from the property's last sale in 2023, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue.
Bush Lake Investors, LLC sold the property to Bush Lake Road Properties, LLC. The sale price towers 91% above the Assessor's recorded market value of $5,665,000.
The warehouse sits on a 15.01-acre lot, according to Assessor's records, which also show a 1988 construction date.
What this sale costs to close
What does closing cost at this price? Under Hennepin County custom the seller's larger charges are $36,720 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $19,875 for the owner's title insurance policy. The seller's estimated net is $10,660,939 before brokerage commissions and any loan payoff. A cash buyer would need about $10,718,425 at closing.
Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1919762. Property details: Hennepin County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
