2014 UNIVERSITY AVE N E MINNEAPOLIS MN 55418

PID: 1102924330124

Property Overview

Parcel ID1102924330124

Lot Size49,274 sq ft (1.131 ac)

Lot Dimensions (est.)158 ft wide × 312 ft deep

Year Built0

Property ClassLAND-COMMERCIAL

OwnerJAX CAFE INC

Assessed Value$787,900

Land Value$787,900

Building Value$0

Annual Tax$25,409

Environmental Constraints

FloodplainNo

WetlandsNone detected

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Front Street

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

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width143 ft

Buildable depth272 ft

Area~34,908 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 3-story wood frame (5–12 units) benchmarks for 34,908 sqft buildable area.

Est. units

123

Yield on cost

4.3%

Spread

-1.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2106 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	RYAN LARSON	RESIDENTIAL	$299,100	171 ft
2015 3RD ST N E MINNEAPOLIS MN 55418	WILLIAM SUTA & ALLISON TRAN	RESIDENTIAL	$282,600	172 ft
2019 3RD ST N E MINNEAPOLIS MN 55418	LAUREN JOHNSON	RESIDENTIAL	$314,200	174 ft
2011 3RD ST N E MINNEAPOLIS MN 55418	PATRICK J GARVEY ET AL	RESIDENTIAL	$539,200	178 ft
2023 3RD ST N E MINNEAPOLIS MN 55418	TERESA M AYMAR	RESIDENTIAL	$319,500	186 ft
313 20TH AVE N E MINNEAPOLIS MN 55418	JONATHAN C HOUTS	RESIDENTIAL	$325,000	188 ft
2005 3RD ST N E MINNEAPOLIS MN 55418	Z D MAZAR & S L SUNDE	RESIDENTIAL	$304,100	193 ft
2108 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	MARK A SWART	RESIDENTIAL	$201,000	198 ft
2101 3RD ST N E MINNEAPOLIS MN 55418	KURT VANENKEVORT	RESIDENTIAL	$375,500	204 ft
2019 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	JAX CAFE INC	LAND-COMMERCIAL	$103,700	226 ft

Property History

Current Tax Year

Year2026

Tax Due$25,409