3522 ZENITH AVE S MINNEAPOLIS MN 55416

PID: 0502824320001

Property Overview

Parcel ID0502824320001

Lot Size5,806,138 sq ft (133.291 ac)

Lot Dimensions (est.)2269 ft wide × 2558 ft deep

Year Built1895

Property ClassCOMMERCIAL-PREFERRED

OwnerTHE MINIKAHDA CLUB

Assessed Value$3,430,000

Land Value$2,030,000

Building Value$1,400,000

Annual Tax$116,665

Environmental Constraints

FloodplainNo

WetlandsPresent (~2% coverage)

Historic DistrictUnknown

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

West Maka Ska · Minneapolis

Median reported rent1,434/mo

Renter-occupied58.4%

Median home value$420K

Vacancy rate3.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1091

Market Snapshot

Zip code 55416

Median sale price$395K-8.1% YoY

Median price / sqft$246/sqft

Median days to close46 days

Active listings89

Source: Redfin Data Center (Invalid Date) · Zip 55416

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 width2,256 ft

Buildable depth2,518 ft

Area~5,642,934 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

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 5,642,934 sqft buildable area.

Est. units

12539

Yield on cost

4.4%

Spread

-1.1%

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Property History

Current Tax Year

Year2026

Tax Due$116,665