Minneapolis · Commercial sale

RGA CP Forge Maple Grove buys 9775 85th Ave N in Maple Grove for $9.5 million

A warehouse at 9775 85th Ave N, Maple Grove sold for $9,500,000 on September 29, 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 September 29, 2026 · Hennepin County, Minnesota

Aerial view of 9775 85th Ave 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: $9,500,000
Sold: September 29, 2026
Property type: Warehouse
Lot size: 172,498 sq ft
Year built: 2000

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgSeptember 29, 2026

Seller's estimated net sheet

9775 85th Ave N, Maple Grove

Sale price	$9,500,000
Title and settlement
Owner's title insurance policy	$17,600
Settlement / closing fee	$400
Transfer taxes and recording
State deed tax + Environmental Response Fund (Hennepin/Ramsey)	$32,300
Prorations
Property tax proration (seller owes)	$26,053.42
Other costs
Wire / courier / payoff processing	$45
Total deductions	$76,398.42
Estimated net to seller	$9,423,601.58

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NetSheet.orgSeptember 29, 2026

Buyer's estimated net sheet

9775 85th Ave N, Maple Grove

Purchase price (cash)	$9,500,000
Title and settlement
Settlement / closing fee	$400
Transfer taxes and recording
Deed recording fee	$46
Credits
Property tax credit from seller	$26,053.42
Closing costs and prepaids	$446
Estimated cash to close	$9,474,392.58

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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 ($104,500).
Title and settlement fees are typical estimates, not quotes.

Selling in Maple Grove?

A Maple Grove warehouse sold for $9,500,000. That price is 71% above its market value. The sale closed on September 29, 2026. The information comes from a Certificate of Real Estate Value filed with the Minnesota Department of Revenue.

Assessor's records show the building was constructed in 2000. It sits on a 3.96-acre lot. The market value on record is $5,554,800. The property last sold for $7,760,000 in 2021. This sale price is 22% above that.

The record lists B9 Northwest MN Owner LLC as the seller. RGA CP Forge Maple Grove LLC is the buyer.

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 $32,300 for the state deed tax + Environmental Response Fund (Hennepin/Ramsey) and $17,600 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 $9,423,602. 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 $9,474,393 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

9775 85th Ave N, Maple Grove, MN.

Source: Minnesota Department of Revenue, Certificates of Real Estate Value, document 1926061. 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.