3400 CHEATHAM AVE MINNEAPOLIS MN 55406

PID: 0102824410074

Property Overview

Parcel ID0102824410074

Lot Size59,442 sq ft (1.365 ac)

Lot Dimensions (est.)407 ft wide × 146 ft deep

Year Built1907

Property ClassINDUSTRIAL-NON PREFERRED

OwnerNH COMPANY LLC

Assessed Value$2,051,400

Land Value$836,500

Building Value$1,014,900

Annual Tax$76,939

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

5 permits on record since 2018 · $51K total declared value · Most recent: Sep 2020 (remodel)

RemodelSep 2020Closed

$1K

Qualtek Wireless

RemodelAug 2019Expired

$15K

Powder River Development Services, LLC obo T-Mobil

RemodelSep 2018Closed

$9K

TRILLIUM TOWER DEVELOPMENT

Commercial Multi-FamilyAug 2018Closed

$6K

Gilbert Mechanical Contractors Inc

RemodelMay 2018Closed

$20K

SPRINT C/O SAC WIRELESS

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Howe · Minneapolis

Median reported rent1,037/mo

Renter-occupied58.5%

Median home value$302K

Vacancy rate13.8%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1088

Market Snapshot

Zip code 55406

Median sale price$386K+4.2% YoY

Median price / sqft$263/sqft

Median days to close13 days

Active listings43

Source: Redfin Data Center (Invalid Date) · Zip 55406

Zoning

PR2Production and Processing

Property History

Most Recent Sale

Date198908

Price$155,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$76,939

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3418 SNELLING AVE MINNEAPOLIS MN 55406	PILAR RICK	RESIDENTIAL	$211,800	177 ft
3414 SNELLING AVE MINNEAPOLIS MN 55406	WODELE HOLDINGS LLC	INDUSTRIAL-PREFERRED	$448,000	178 ft
3420 SNELLING AVE MINNEAPOLIS MN 55406	NPG MUSIC PUBLISHING LLC	RESIDENTIAL	$330,200	185 ft
3410 SNELLING AVE MINNEAPOLIS MN 55406	WODELE HOLDINGS LLC	LAND - INDUSTRIAL	$84,000	187 ft
3426 SNELLING AVE MINNEAPOLIS MN 55406	C CALVERT & M KRISTIANSEN	RESIDENTIAL	$275,900	200 ft
3408 SNELLING AVE MINNEAPOLIS MN 55406	JAMA KHALIF & FAIZA IBRAHIM	RESIDENTIAL	$342,000	204 ft
3401 HIAWATHA AVE MINNEAPOLIS MN 55406	HIAWATHA AVENUE LLC	COMMERCIAL-PREFERRED	$1,623,000	210 ft
3432 SNELLING AVE MINNEAPOLIS MN 55406	ABEL TAN	RESIDENTIAL	$316,500	222 ft
3404 SNELLING AVE MINNEAPOLIS MN 55406	FELISA L RITZMAN TRUST	RESIDENTIAL	$174,400	227 ft
2811 34TH ST E MINNEAPOLIS MN 55406	T M CICHY & F J CICHY	RESIDENTIAL	$188,300	246 ft