ParcelLens
Property Intelligence · Twin Cities
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Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Minneapolis North Green Zone (incl NE) — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green Zones ↗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 ↗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 ↗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 ↗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 ↗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 ↗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.
5 permits on record since 2002 · $19.8M total declared value · Most recent: Oct 2024 (commfdnr)
ALLAN MECHANICAL INC
Precision Plumbing and Heating Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1005
Zip code 55418
Source: Redfin Data Center (Invalid Date) · Zip 55418
Urban Neighborhood 1 — low-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 |
|---|---|---|---|---|
| 2943 RANDOLPH ST N E MINNEAPOLIS MN 55418 | S CHAKRABORTY & R BARTLETT | RESIDENTIAL-TWO UNIT | $432,800 | 83 ft |
| 2938 GRAND ST N E MINNEAPOLIS MN 55418 | CH OF ST HEDWIG OF MPLS | VACANT LAND-APARTMENT | $0 | 111 ft |
| 2947 RANDOLPH ST N E MINNEAPOLIS MN 55418 | KEVIN M HUMMEL | RESIDENTIAL | $207,600 | 120 ft |
| 2942 GRAND ST N E MINNEAPOLIS MN 55418 | SANDRA KAY LOKEN STOPERA | RESIDENTIAL | $296,200 | 130 ft |
| 2951 RANDOLPH ST N E MINNEAPOLIS MN 55418 | T F ABRAHAM & P A BURGH | RESIDENTIAL | $238,000 | 159 ft |
| 2948 GRAND ST N E MINNEAPOLIS MN 55418 | DUSTIN TYLER | RESIDENTIAL | $301,900 | 173 ft |
| 2919 RANDOLPH ST N E MINNEAPOLIS MN 55418 | CATHOLIC ELDERCARE COMM SERV | MED/CARE FACILITY | $0 | 183 ft |
| 2955 RANDOLPH ST N E MINNEAPOLIS MN 55418 | MADISON AVE HOMES LLC | RESIDENTIAL | $319,700 | 205 ft |
| 2954 GRAND ST N E MINNEAPOLIS MN 55418 | JOSEPH PATRICK BARTELS | RESIDENTIAL | $327,000 | 224 ft |
| 2934 RANDOLPH ST N E MINNEAPOLIS MN 55418 | JAMES CLOBES | RESIDENTIAL | $304,000 | 231 ft |
Current Tax Year