72 22ND AVE N E MINNEAPOLIS MN 55418

PID: 1002924440076

Property Overview

Parcel ID1002924440076

Lot Size17,453 sq ft (0.401 ac)

Lot Dimensions (est.)109 ft wide × 160 ft deep

Year Built0

Property ClassLAND - INDUSTRIAL

OwnerCALIFORNIA BUILDING CO

Assessed Value$139,200

Land Value$139,200

Building Value$0

Annual Tax$4,822

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Green Zone — NorthHigh

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 ↗

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

Great Streets Gap FinancingMedium

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 ↗

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 ↗

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Bottineau · Minneapolis

Median reported rent1,578/mo

Renter-occupied61.3%

Median home value$320K

Vacancy rate9.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 17

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

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

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width99 ft

Buildable depth120 ft

Area~12,763 sqft

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 12,763 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2109 CALIFORNIA ST N E MINNEAPOLIS MN 55418	CALIFORNIA BUILDING CO	LAND - INDUSTRIAL	$230,400	132 ft
2135 CALIFORNIA ST N E MINNEAPOLIS MN 55418	SANDRA LEE	RESIDENTIAL-TWO UNIT	$300,300	134 ft
2100 MAIN ST N E MINNEAPOLIS MN 55418	N P RR CO	RAILROAD	$0	147 ft
2105 CALIFORNIA ST N E MINNEAPOLIS MN 55418	PACKAGING CORP OF AMERICA	LAND - INDUSTRIAL	$38,400	238 ft
2101 CALIFORNIA ST N E MINNEAPOLIS MN 55418	N P R R CO	RAILROAD	$0	258 ft
2130 CALIFORNIA ST N E MINNEAPOLIS MN 55418	MAZIN JINDEEL	RESIDENTIAL	$247,900	293 ft
2122 CALIFORNIA ST N E MINNEAPOLIS MN 55418	RICK D LINDQUIST	RESIDENTIAL	$299,200	293 ft
2134 CALIFORNIA ST N E MINNEAPOLIS MN 55418	SETH RISTOW	RESIDENTIAL-TWO UNIT	$321,200	301 ft
2118 CALIFORNIA ST N E MINNEAPOLIS MN 55418	TIMOTHY J GROMEK	RESIDENTIAL	$323,200	305 ft
2114 CALIFORNIA ST N E MINNEAPOLIS MN 55418	LUCAS MEYER	RESIDENTIAL	$350,000	319 ft

Property History

Current Tax Year

Year2026

Tax Due$4,822