Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗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.
3 permits on record since 2000 · $118K total declared value · Most recent: Sep 2025 (commercial minor)
Michels Utility Services Inc
SHEEHY CONSTRUCTION
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Bryant · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 95
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Urban Neighborhood 1 — low-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 |
|---|---|---|---|---|
| 3859 COLUMBUS AVE MINNEAPOLIS MN 55407 | MEREDITH G COLLINS | RESIDENTIAL | $284,800 | 387 ft |
| 3856 COLUMBUS AVE MINNEAPOLIS MN 55407 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 389 ft |
| 4001 COLUMBUS AVE MINNEAPOLIS MN 55407 | R & K RICHTER | RESIDENTIAL | $398,300 | 394 ft |
| 4000 COLUMBUS AVE MINNEAPOLIS MN 55407 | SAM SCOTT | RESIDENTIAL | $403,100 | 396 ft |
| 3927 CHICAGO AVE MINNEAPOLIS MN 55407 | ARMANDO LEE RAMIREZ | APARTMENT | $616,000 | 422 ft |
| 3923 CHICAGO AVE MINNEAPOLIS MN 55407 | ASHLEY MINEAU | APARTMENT | $566,000 | 424 ft |
| 3933 CHICAGO AVE MINNEAPOLIS MN 55407 | EDGAR LEMA & CELESTINA LEMA | CONDOMINIUM | $169,000 | 426 ft |
| 3933 CHICAGO AVE MINNEAPOLIS MN 55407 | JOHN BABBS/ELIZABETH MELTON | CONDOMINIUM | $169,000 | 426 ft |
| 3933 CHICAGO AVE MINNEAPOLIS MN 55407 | J BROWN/M BROWN/N K BROWN | CONDOMINIUM | $170,000 | 426 ft |
| 3933 CHICAGO AVE MINNEAPOLIS MN 55407 | ANTIGONUS TRUST | CONDOMINIUM | $160,000 | 426 ft |
Current Tax Year