Minneapolis · Commercial sale

JCT Trust West Cottage I buys 13574 80th Cir N in Maple Grove for $7.8 million

A retail building at 13574 80th Cir N, Maple Grove sold for $7,800,000 on October 1, 2026. See the seller and buyer net sheets for this sale.

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Automated sale report from public sales records · How we make these · Published October 27, 2026

Sold October 1, 2026 · Hennepin County, Minnesota

Aerial view of 13574 80th Cir N, Maple Grove with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: Hennepin County Assessor. The photo can predate the sale.

Sale price: $7,800,000
Sold: October 1, 2026
Property type: Retail building
Lot size: 108,900 sq ft
Year built: 1989

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgOctober 1, 2026

Seller's estimated net sheet

13574 80th Cir N, Maple Grove

Sale price	$7,800,000
Title and settlement
Owner's title insurance policy	$14,625
Settlement / closing fee	$400
Transfer taxes and recording
State deed tax + Environmental Response Fund (Hennepin/Ramsey)	$26,520
Prorations
Property tax proration (seller owes)	$21,861.37
Other costs
Wire / courier / payoff processing	$45
Total deductions	$63,451.37
Estimated net to seller	$7,736,548.63

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NetSheet.orgOctober 1, 2026

Buyer's estimated net sheet

13574 80th Cir N, Maple Grove

Purchase price (cash)	$7,800,000
Title and settlement
Settlement / closing fee	$400
Transfer taxes and recording
Deed recording fee	$46
Credits
Property tax credit from seller	$21,861.37
Closing costs and prepaids	$446
Estimated cash to close	$7,778,584.63

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What these figures assume

No brokerage commission is shown: commissions on commercial deals vary and are not in the public record.
The seller figure is before any loan payoff.
The buyer side assumes a cash purchase with no financing.
Annual property tax estimated at 1.10% of price ($85,800).
Title and settlement fees are typical estimates, not quotes.

Selling in Maple Grove?

The $7,800,000 sale took place on October 1, 2026, according to the Certificate of Real Estate Value filed with the Minnesota Department of Revenue. Assessor's records show the price was 55% above the property's market value.

The retail building is at 13574 80th Cir N in Maple Grove. The record lists Grove Square Plaza, LLC as the seller and JCT Trust West Cottage I, LLC and JCT Trust West Cottage II, LLC as the buyers.

Assessor's records show a build year of 1989 and a 2.5-acre lot. The market value on record is $5,041,700. The last sale on record was $1,350,000 in 1995. The latest price was 5.8 times that amount.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Hennepin County?

By our estimate, the seller's two largest charges, not counting prorations, were $26,520 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $14,625 for the owner's title insurance policy. Who pays what follows Hennepin County custom.

How much did the seller net?

By our estimate, the seller netted about $7,736,549. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $7,778,585 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

13574 80th Cir N, Maple Grove, MN.

Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1928228. 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.