3660 TECHNOLOGY DR MINNEAPOLIS MN 55418

PID: 0302924210025

Property Overview

Parcel ID0302924210025

Lot Size965,240 sq ft (22.159 ac)

Lot Dimensions (est.)973 ft wide × 992 ft deep

Year Built1985

Property ClassCOMMERCIAL-PREFERRED

Owner3660 TECHNOLOLGY DRIVE LLC

Assessed Value$8,950,000

Land Value$7,848,900

Building Value$1,101,100

Annual Tax$308,121

Environmental Constraints

FloodplainNo

WetlandsPresent (~4% coverage)

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

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

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 ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

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

Permit History

7 permits on record since 2000 · $7.4M total declared value · Most recent: Sep 2018 (roofwind)

RoofwindSep 2018Closed

$131K

BERWALD ROOFING COMPANY

Building Re-inspectionFeb 2014

$354K

Building Re-inspectionJun 2010

$3.5M

Building Re-inspectionOct 2009

$414K

Building Re-inspectionSep 2009

$155K

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

Neighborhood Profile

Columbia Park · Minneapolis

Median reported rent996/mo

Renter-occupied44.9%

Median home value$268K

Vacancy rate6.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1005

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

Zoning

PR2Production and Processing

Property History

Most Recent Sale

Date200905

Price$6,100,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$308,121

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
3615 TECHNOLOGY DR MINNEAPOLIS MN 55418	CUE 36TH AVENUE LLC	INDUSTRIAL-PREFERRED	$3,640,000	616 ft
3701 ST ANTHONY PKWY MINNEAPOLIS MN 55418	CITY OF MPLS	INDUSTRIAL-PREFERRED	$0	783 ft
3641 MARSHALL ST N E MINNEAPOLIS MN 55418	CUE 36TH AVENUE LLC	INDUSTRIAL-PREFERRED	$3,744,000	815 ft
3400 MARSHALL ST N E MINNEAPOLIS MN 55418	717 INVESTMENT LLC	INDUSTRIAL-PREFERRED	$13,000,000	856 ft