530 BROADWAY ST N E MINNEAPOLIS MN 55413

PID: 1402924310039

Property Overview

Parcel ID1402924310039

Lot Size4,581 sq ft (0.105 ac)

Lot Dimensions (est.)99 ft wide × 46 ft deep

Year Built1901

Property ClassRESIDENTIAL-TWO UNIT

OwnerNICOLE A CAICEDO

Assessed Value$343,000

Land Value$98,000

Building Value$245,000

Annual Tax$6,515

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

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

Minneapolis

Median reported rent1,476/mo

Renter-occupied71.0%

Median home value$413K

Vacancy rate11.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1030

Market Snapshot

Zip code 55413

Median sale price$350K+2.9% YoY

Median price / sqft$213/sqft

Median days to close69 days

Active listings27

Source: Redfin Data Center (Invalid Date) · Zip 55413

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 width84 ft

Buildable depth6 ft

Area~489 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 sfr / adu benchmarks for 489 sqft buildable area.

Est. units

Yield on cost

4.7%

Spread

-0.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
526 BROADWAY ST N E MINNEAPOLIS MN 55413	CHERYL SOMERS	RESIDENTIAL	$196,400	61 ft
531 8TH AVE N E MINNEAPOLIS MN 55413	ANNE A & JON V REUTER	RESIDENTIAL	$486,000	97 ft
522 BROADWAY ST N E MINNEAPOLIS MN 55413	YIDA LI	RESIDENTIAL	$228,700	101 ft
523 8TH AVE N E MINNEAPOLIS MN 55413	PEDRO TAPIA & AMANDA TAPIA	RESIDENTIAL	$410,100	123 ft
605 BROADWAY ST N E MINNEAPOLIS MN 55413	JAMES T & JOY E S GULLIKSON	RESIDENTIAL	$355,200	139 ft
601 BROADWAY ST N E MINNEAPOLIS MN 55413	NICOLE A CAICEDO	RESIDENTIAL-TWO UNIT	$444,600	141 ft
514 BROADWAY ST N E MINNEAPOLIS MN 55413	CASEY PALICKA	RESIDENTIAL	$286,900	142 ft
610 BROADWAY ST N E MINNEAPOLIS MN 55413	GERMAN LUTH CHURCH	COMMERCIAL-PREFERRED	$0	164 ft
517 8TH AVE N E MINNEAPOLIS MN 55413	J K PHILLIPS & M A PHILLIPS	RESIDENTIAL	$328,400	166 ft
508 BROADWAY ST N E MINNEAPOLIS MN 55413	JORDAN MEADE	RESIDENTIAL	$316,900	183 ft

Property History

Most Recent Sale

Date202304

Price$377,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,515