Minneapolis · Commercial sale

FGF buys 828 Kasota Ave in Minneapolis for $1.94 million

An industrial building at 828 Kasota Ave, Minneapolis sold for $1,936,014 on September 18, 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 November 2, 2026

Sold September 18, 2026 · Hennepin County, Minnesota

Aerial view of 828 Kasota Ave, Minneapolis with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: Hennepin County Assessor. The photo can predate the sale.

Sale price: $1,936,014
Sold: September 18, 2026
Property type: Industrial building
Lot size: 102,366 sq ft
Year built: 1976

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgSeptember 18, 2026

Seller's estimated net sheet

828 Kasota Ave, Minneapolis

Sale price	$1,936,014
Title and settlement
Owner's title insurance policy	$4,363.02
Settlement / closing fee	$400
Transfer taxes and recording
State deed tax + Environmental Response Fund (Hennepin/Ramsey)	$6,582.45
Prorations
Property tax proration (seller owes)	$4,667.65
Other costs
Wire / courier / payoff processing	$45
Total deductions	$16,058.12
Estimated net to seller	$1,919,955.88

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NetSheet.orgSeptember 18, 2026

Buyer's estimated net sheet

828 Kasota Ave, Minneapolis

Purchase price (cash)	$1,936,014
Title and settlement
Settlement / closing fee	$400
Transfer taxes and recording
Deed recording fee	$46
Credits
Property tax credit from seller	$4,667.65
Closing costs and prepaids	$446
Estimated cash to close	$1,931,792.35

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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 ($21,296).
Title and settlement fees are typical estimates, not quotes.

Selling in Minneapolis?

The Certificate of Real Estate Value filed with the Minnesota Department of Revenue lists a $1,936,014 sale on September 18, 2026. That price was 45% below the $3,535,000 market value on record, according to the Assessor's records.

The industrial building at 828 Kasota Ave in Minneapolis changed hands. The record lists Rise Baking Company LLC as the seller and FGF LLC as the buyer.

The Assessor's records show a build year of 1976 and a 2.35-acre lot. The last sale before this one on record was $2,100,000 in 2007.

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 $6,582.45 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $4,363.02 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 $1,919,956. 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 $1,931,792 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

828 Kasota Ave, Minneapolis, MN.

Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1917356. 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.