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 ↗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 ↗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 ↗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.
1 permit on record since 2025 · Most recent: Feb 2025 (existres)
Admiral Radon & Mechanical Services LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Central · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1094
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3453 2ND AVE S MINNEAPOLIS MN 55408 | CLARA MARTINEZ PONCE | RESIDENTIAL | $258,500 | 42 ft |
| 3445 2ND AVE S MINNEAPOLIS MN 55408 | ASHRAF M MOGHUL | RESIDENTIAL | $210,800 | 42 ft |
| 3441 2ND AVE S MINNEAPOLIS MN 55408 | S & T THANANE | RESIDENTIAL | $261,300 | 84 ft |
| 3437 2ND AVE S MINNEAPOLIS MN 55408 | C P JIMENEZ & N P ONOFRE | RESIDENTIAL | $289,400 | 126 ft |
| 3448 3RD AVE S MINNEAPOLIS MN 55408 | GREGORIO OSORIO GONZALEZ | RESIDENTIAL | $292,800 | 141 ft |
| 3501 2ND AVE S MINNEAPOLIS MN 55408 | INVEST MINNEAPOLIS I LLC | APARTMENT | $2,166,300 | 144 ft |
| 3444 3RD AVE S MINNEAPOLIS MN 55408 | SHAMSA IDLE | RESIDENTIAL | $365,100 | 147 ft |
| 3450 3RD AVE S MINNEAPOLIS MN 55408 | DARRILL BRUCE BERRY | RESIDENTIAL-TWO UNIT | $470,000 | 147 ft |
| 3440 3RD AVE S MINNEAPOLIS MN 55408 | LUIS F TRINIDAD ESQUIVAL | RESIDENTIAL | $296,800 | 164 ft |
| 3435 2ND AVE S MINNEAPOLIS MN 55408 | JSW PROPERTIES LLC | RESIDENTIAL | $361,000 | 168 ft |
Current Tax Year