1 49TH ST W MINNEAPOLIS MN 55419

PID: 1502824240002

Property Overview

Parcel ID1502824240002

Lot Size441,245 sq ft (10.130 ac)

Lot Dimensions (est.)739 ft wide × 597 ft deep

Year Built1931

Property ClassCOMMERCIAL-PREFERRED

OwnerBOARD OF EDUCATION

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$21,176

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

12 permits on record since 2000 · $11.8M total declared value · Most recent: Apr 2026 (remodel)

RemodelApr 2026Inspection

$3.9M

VERSACON

RemodelMay 2025Closed

$197K

MORCON CONSTRUCTION CO INC

CommfdnrJul 2022Closed

$136K

GENERAL SHEET METAL CO LLC

CommfdnrMay 2022Closed

$68K

RJ Mechanical Inc

ComnofdbvApr 2022Closed

RJ Mechanical Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Tangletown · Minneapolis

Median reported rent1,486/mo

Renter-occupied21.5%

Median home value$519K

Vacancy rate7.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1115

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 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.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width726 ft

Buildable depth557 ft

Area~406,439 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5004 BELMONT AVE S MINNEAPOLIS MN 55419	J A JANZEN/M A JANZEN TRUST	RESIDENTIAL	$719,100	432 ft
106 49TH ST W MINNEAPOLIS MN 55419	LAURIE A KNOCKE	RESIDENTIAL	$492,800	434 ft
100 49TH ST W MINNEAPOLIS MN 55419	M PINTO & C L GRABOW	RESIDENTIAL	$653,200	437 ft
110 49TH ST W MINNEAPOLIS MN 55419	E N ROBINER & M C C MCLEOD	RESIDENTIAL	$442,000	438 ft
24 49TH ST W MINNEAPOLIS MN 55419	PETER FREDRICK WENTZEL	RESIDENTIAL	$461,500	444 ft
114 49TH ST W MINNEAPOLIS MN 55419	G G BROOKER & V A MARQUARDT	RESIDENTIAL	$507,500	447 ft
5001 BELMONT AVE S MINNEAPOLIS MN 55419	CHARLES E & MARY K CROWLEY	RESIDENTIAL	$690,600	454 ft
116 49TH ST W MINNEAPOLIS MN 55419	SHAW MAHAN TRUST	RESIDENTIAL	$412,300	455 ft
115 50TH ST W MINNEAPOLIS MN 55419	DUANE C WILLIAMS	RESIDENTIAL	$666,700	456 ft
22 49TH ST W MINNEAPOLIS MN 55419	BRUCE G MC LEOD & WIFE	RESIDENTIAL	$373,300	457 ft

Property History

Current Tax Year

Year2026

Tax Due$21,176