3100 RIVER PKWY W MINNEAPOLIS MN 55406

PID: 0502823220054

Property Overview

Parcel ID0502823220054

Lot Size446,260 sq ft (10.245 ac)

Lot Dimensions (est.)950 ft wide × 470 ft deep

Year Built1912

Property ClassCOMMERCIAL-PREFERRED

OwnerMINNEHAHA ACADEMY

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$7,955

Environmental Constraints

FloodplainNo

WetlandsPresent (~5% coverage)

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

27 permits on record since 2001 · $45.7M total declared value · Most recent: Nov 2024 (new)

NewNov 2024Expired

$58K

Scenic Sign Corp

RemodelNov 2023Expired

$87K

Green 2 Electric

Commercial Multi-FamilyApr 2019Closed

$341K

Metropolitan Mechanical Contractors Inc

Commercial Multi-FamilyJan 2019Closed

$9K

Custom Refrigeration Inc

Commercial Fire/Building ViolationDec 2018Closed

Metropolitan Mechanical Contractors Inc

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

Neighborhood Profile

Cooper · Minneapolis

Median reported rent1,309/mo

Renter-occupied16.5%

Median home value$339K

Vacancy rate5.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1076

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

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

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

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

Max Height35 ft

Development Potential

Estimated · verify frontage

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width937 ft

Buildable depth430 ft

Area~403,054 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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
3200 48TH AVE S MINNEAPOLIS MN 55406	VICTOR YU	RESIDENTIAL	$385,900	338 ft
3201 47TH AVE S MINNEAPOLIS MN 55406	STEPHEN BUCHANAN	RESIDENTIAL	$422,000	341 ft
3106 47TH AVE S MINNEAPOLIS MN 55406	MINNEHAHA ACADEMY	COMMERCIAL-PREFERRED	$0	354 ft
3204 48TH AVE S MINNEAPOLIS MN 55406	JAYSEN DURDA & JAMES DURDA	RESIDENTIAL	$383,700	377 ft
3205 47TH AVE S MINNEAPOLIS MN 55406	K HADJ-MOUSSA/J MESSERSMITH	RESIDENTIAL	$392,100	380 ft
3100 47TH AVE S MINNEAPOLIS MN 55406	DOUGLAS R BRAITHWAITE	RESIDENTIAL	$336,000	389 ft
3042 48TH AVE S MINNEAPOLIS MN 55406	MARY MURRAY & THOMAS MURRAY	RESIDENTIAL	$520,100	404 ft
3043 47TH AVE S MINNEAPOLIS MN 55406	SARAH ROYSTER & JOHN GILLES	RESIDENTIAL	$537,500	412 ft
3201 48TH AVE S MINNEAPOLIS MN 55406	CAROL BECKER/VICCI KORMAN TR	RESIDENTIAL	$406,500	412 ft
3208 48TH AVE S MINNEAPOLIS MN 55406	PETER NERAASEN	RESIDENTIAL	$413,900	417 ft

Property History

Current Tax Year

Year2026

Tax Due$7,955