2425 WEST BROADWAY MINNEAPOLIS MN 55411

PID: 1702924110038

Property Overview

Parcel ID1702924110038

Lot Size11,967 sq ft (0.275 ac)

Lot Dimensions (est.)121 ft wide × 99 ft deep

Year Built0

Property ClassLAND-COMMERCIAL

OwnerJBC 2425 W BROADWAY LLC

Assessed Value$71,800

Land Value$71,800

Building Value$0

Annual Tax$2,714

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

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 ↗

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 ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

4 permits on record since 2017 · $33K total declared value · Most recent: Feb 2023 (private)

PrivateFeb 2023Closed

$32K

Building Code Tech

Commercial Fire/Building ViolationApr 2019Closed

LIBERTY PLUMBING CO LLC

Commercial Multi-FamilyMay 2017Closed

Faircon Service Co

RemodelApr 2017Closed

$500

A & M Market LLC

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

Neighborhood Profile

Willard - Hay · Minneapolis

Median reported rent1,168/mo

Renter-occupied38.0%

Median home value$240K

Vacancy rate9.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1020

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

Zoning

CM3Community Mixed Use

Property History

Most Recent Sale

Date202211

Price$450,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,714

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2421 WEST BROADWAY MINNEAPOLIS MN 55411	J & H WILLIAMS SR	COMMERCIAL-PREFERRED	$227,000	70 ft
2514 SHERIDAN AVE N MINNEAPOLIS MN 55411	TONYA THOMPSON	RESIDENTIAL	$214,400	116 ft
2417 WEST BROADWAY MINNEAPOLIS MN 55411	ROC INVESTMENT GRP INC	LAND-COMMERCIAL	$12,900	117 ft
2415 WEST BROADWAY MINNEAPOLIS MN 55411	ROC INVESTMENT GRP INC	LAND-COMMERCIAL	$25,700	151 ft
2510 SHERIDAN AVE N MINNEAPOLIS MN 55411	G DOUGLAS MACGIBBON	RESIDENTIAL	$116,500	159 ft
2527 SHERIDAN AVE N MINNEAPOLIS MN 55411	TRAVIS ROBINSON	RESIDENTIAL	$211,600	170 ft
2523 SHERIDAN AVE N MINNEAPOLIS MN 55411	ADAM S FAGERNESS	RESIDENTIAL	$203,900	171 ft
2517 SHERIDAN AVE N MINNEAPOLIS MN 55411	MADELINE SIMONE GASPER	RESIDENTIAL	$244,000	182 ft
2407 WEST BROADWAY MINNEAPOLIS MN 55411	PHOEBE HOLDINGS LLC	APARTMENT	$528,000	195 ft
2506 SHERIDAN AVE N MINNEAPOLIS MN 55411	LILLIAN D BAILEY	RESIDENTIAL	$148,100	198 ft