5700 PENN AVE S MINNEAPOLIS MN 55410

PID: 2002824140091

Property Overview

Parcel ID2002824140091

Lot Size751,685 sq ft (17.256 ac)

Lot Dimensions (est.)924 ft wide × 813 ft deep

Year Built1979

Property ClassCOMMERCIAL-PREFERRED

OwnerCITY OF MINNEAPOLIS PARK BD

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$0

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Public land opportunityHigh

Owned by City of Minneapolis — surplus sales, redevelopment programs, or land trust transfers may apply.

Hennepin County parcel ownership data ↗

Potential programs

Minneapolis Homes — property salesMedium

Minneapolis Homes sells city-owned lots for homeownership and affordable housing; eligibility depends on property status and program cycle.

Minneapolis — City Property Sales ↗

Hennepin County surplus propertyMedium

Hennepin County disposes of public parcels through its surplus property program; contact Real Estate Services for current listings.

Hennepin County — Surplus Property Sales ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Armatage · Minneapolis

Median reported rent2,052/mo

Renter-occupied15.4%

Median home value$393K

Vacancy rate2.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 120.01

Market Snapshot

Zip code 55410

Median sale price$626K+10.3% YoY

Median price / sqft$312/sqft

Median days to close30 days

Active listings56

Source: Redfin Data Center (Invalid Date) · Zip 55410

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 width911 ft

Buildable depth773 ft

Area~695,075 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
5700 RUSSELL AVE S MINNEAPOLIS MN 55410	S J JOHNSON & M C JOHNSON	RESIDENTIAL	$463,100	395 ft
5704 RUSSELL AVE S MINNEAPOLIS MN 55410	D D & B L REYNOLDS	RESIDENTIAL	$473,800	399 ft
5708 RUSSELL AVE S MINNEAPOLIS MN 55410	T C DILLON & T J RYAN	RESIDENTIAL	$467,300	407 ft
5712 RUSSELL AVE S MINNEAPOLIS MN 55410	RANDY D WIDEMAN	RESIDENTIAL	$483,200	418 ft
5701 PENN AVE S MINNEAPOLIS MN 55419	JOHN M HOFSTEDE	RESIDENTIAL	$380,400	432 ft
5716 RUSSELL AVE S MINNEAPOLIS MN 55410	J BARNETT & S FRATIANNE	RESIDENTIAL	$395,000	433 ft
5720 RUSSELL AVE S MINNEAPOLIS MN 55410	FREDERICK/KATHRYN BAEWER	RESIDENTIAL	$389,000	451 ft
2216 57TH ST W MINNEAPOLIS MN 55419	N T KRAMER & J KRAMER	RESIDENTIAL	$379,600	465 ft
5724 RUSSELL AVE S MINNEAPOLIS MN 55410	M BLOOMQUIST & L BLOOMQUIST	RESIDENTIAL	$511,100	477 ft
5649 PENN AVE S MINNEAPOLIS MN 55419	CHRISTINE L BLUMENFELD ET AL	RESIDENTIAL	$426,500	481 ft

Property History

Current Tax Year

Year2026

Tax Due$0