PID: 0302824239001· 4 fields stubbed (see below)

Property Overview

Parcel ID0302824239001

Lot Size5,506 sq ft (0.126 ac)

Lot Dimensions (est.)129 ft wide × 43 ft deep

Year Built—(stub)

Property Class—

OwnerUnknown

Assessed Value—(stub)

Land Value—

Building Value—

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

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

Permit History

1 permit on record since 2019 · Most recent: Sep 2019 (comnofdbv)

ComnofdbvSep 2019Closed

Water Heaters Now Inc

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

Neighborhood Profile

Lyndale · Minneapolis

Median reported rent1,022/mo

Renter-occupied73.1%

Median home value$318K

Vacancy rate5.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 82

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width33 ft

Buildable depth88 ft

Area~2,909 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3308 GRAND AVE S MINNEAPOLIS MN 55408	OLIVIA LAUREN ABBOTT	CONDOMINIUM	$146,600	0 ft
3308 GRAND AVE S MINNEAPOLIS MN 55408	KATIE LOEFFLER	CONDOMINIUM	$142,500	0 ft
3308 GRAND AVE S MINNEAPOLIS MN 55408	MICHAEL THOMPSON	CONDOMINIUM	$140,400	0 ft
3308 GRAND AVE S MINNEAPOLIS MN 55408	CHLOE WHITTEN	CONDOMINIUM	$169,500	0 ft
3304 GRAND AVE S MINNEAPOLIS MN 55408	R WHITEHOUSE ET AL SUB/L E	RESIDENTIAL	$335,600	43 ft
3312 GRAND AVE S MINNEAPOLIS MN 55408	LISA G MENDENHALL	RESIDENTIAL	$320,300	43 ft
3300 GRAND AVE S MINNEAPOLIS MN 55408	WEST EDGE INVESTMENTS LLC	TRIPLEX	$343,100	86 ft
3320 GRAND AVE S MINNEAPOLIS MN 55408	HIMRAJ PROPERTIES LLC	APARTMENT	$1,651,000	107 ft
411 33RD ST W MINNEAPOLIS MN 55408	ADAM ERIC FUNKENBUSCH	RESIDENTIAL	$376,100	116 ft
3309 HARRIET AVE MINNEAPOLIS MN 55408	H W & C P NORDSTROM	RESIDENTIAL	$428,400	141 ft

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, assessedValue, taxAmount, yearBuilt. See README for details on which sources are live vs. stubbed.