221 UNIVERSITY AVE
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Location
221 UNIVERSITY AVE
Mblu
33/ 012/ / /
Acct#
LOT C3
Owner
TARGET CORPORATION T-2649
Assessment
$24,969,500
PID
4333
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$14,030,300$10,939,200$24,969,500

Owner of Record
OwnerTARGET CORPORATION T-2649
Co-OwnerATTN: PROPERTY DVLPMNT/RE PORTFOLIO MGMT
AddressPO BOX #9456
MINNEAPOLIS, MN 55440-9456
Sale Price$11,000,000
Certificate
Book & Page 32065/0597
Sale Date02/10/2014
Instrument1O

Building Information
Building 1 : Section 1
Year Built: 2014
Living Area: 133,810
Replacement Cost: $15,301,409
Building Percent Good: 90
Replacement Cost
Less Depreciation:

$13,771,300
Building Attributes
FieldDescription
Style:Department Str
ModelCommercial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Precast Panel
Exterior Wall 2Concr/Cinder
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2Carpet
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseRETAIL > 10,000 SF
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 133,810 133,810
CANCanopy 1,302 0
   135,112 133,810

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
LDL1LOAD LEVELERS32.00 UNITS$83,5001

Land
Land Use
Use Code3220
DescriptionRETAIL > 10,000 SF  
ZoneM1
Neighborhood440
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)8.6
Frontage
Depth
Assessed Value$10,939,200

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  150000.00 S.F.$142,5001
LT5MERC VAP/FLU  4.00 UNITS$4,2001
LT6W/DOUBLE LIGHT  16.00 UNITS$25,2001
LT1LIGHTS-IN W/PL  5.00 UNITS$3,6001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$15,398,400$10,939,200$26,337,600
2024$15,112,700$10,939,200$26,051,900
2023$14,976,200$9,945,600$24,921,800

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