Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Minneapolis North Green Zone (incl NE) — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green Zones ↗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 ↗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 ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗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 ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗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 ↗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.
8 permits on record since 2018 · $1.3M total declared value · Most recent: May 2025 (roofwind)
KOHLS FOAM SYSTEMS INC
Centraire Heating & Air Conditioning LLC
TRANE US INC
Modern Heating & Air Conditioning LLC
Linn Star Transfer Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Near - North · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1034
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Urban Neighborhood 3 — medium-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1221 7TH AVE N MINNEAPOLIS MN 55411 | WAYMAN A.M.E. CHURCH | COMMERCIAL-PREFERRED | $0 | 355 ft |
| 1300 OLSON MEMORIAL HWY MINNEAPOLIS MN 55411 | SEED DAYCARE | COMMERCIAL-PREFERRED | $0 | 401 ft |
| 1401 8TH AVE N MINNEAPOLIS MN 55411 | PLAZA I INC | VACANT LAND-RESIDENTIAL | $20,000 | 424 ft |
| 701 HUMBOLDT AVE N MINNEAPOLIS MN 55411 | MPLS GLENWOOD UNIT JEHOVAHS | COMMERCIAL-PREFERRED | $0 | 485 ft |
| 1301 10TH AVE N MINNEAPOLIS MN 55411 | CITY OF MPLS PARK BOARD | COMMERCIAL-PREFERRED | $0 | 488 ft |
| 701 FREMONT AVE N MINNEAPOLIS MN 55411 | CECIL NEWMAN CORP APTS LP | LOW INCOME RENTAL | $5,643,000 | 492 ft |
| 1407 8TH AVE N MINNEAPOLIS MN 55411 | PLAZA I INC | VACANT LAND-RESIDENTIAL | $20,000 | 492 ft |
| 609 HUMBOLDT AVE N MINNEAPOLIS MN 55411 | CITY OF MINNEAPOLIS PK BOARD | LAND-COMMERCIAL | $0 | 520 ft |
| 1200 OLSON MEMORIAL HWY MINNEAPOLIS MN 55411 | WAYMAN AFRICAN METH EPIS CH | LAND-COMMERCIAL | $0 | 531 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | Unknown | — | $0 | 586 ft |
Current Tax Year