720 WASHINGTON AVE N MINNEAPOLIS MN 55401

PID: 2202924120566

Property Overview

Parcel ID2202924120566

Lot Size818 sq ft (0.019 ac)

Lot Dimensions (est.)49 ft wide × 17 ft deep

Year Built0

Property ClassLAND - INDUSTRIAL

Owner715 NORTH SECOND FEE OWNER

Assessed Value$40,200

Land Value$40,200

Building Value$0

Annual Tax$888

Environmental Constraints

FloodplainNo

WetlandsPresent (~100% coverage)

Historic DistrictYes — Minneapolis Warehouse

Development Opportunities

Historic district — Minneapolis WarehouseHigh

Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.

Minneapolis Preservation & Landmarks ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

North Loop · Minneapolis

Median reported rent2,098/mo

Renter-occupied65.1%

Median home value$370K

Vacancy rate7.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1262.02

Market Snapshot

Zip code 55401

Median sale price$410K-14.2% YoY

Median price / sqft$331/sqft

Median days to close70 days

Active listings86

Source: Redfin Data Center (Invalid Date) · Zip 55401

Zoning

DT1Downtown Center

Downtown Center 1 — urban core district

Typical Uses

·Office towers
·Hotels
·High-rise residential
·Entertainment
·Retail

Development Potential

Setbacks

Front0 ft

Side (each)0 ft

Rear0 ft

Estimated Buildable Footprint

Buildable width49 ft

Buildable depth17 ft

Area~833 sqft

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

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
718 WASHINGTON AVE N MINNEAPOLIS MN 55401	TONKA CAPITAL LLC	COMMERCIAL-PREFERRED	$1,330,000	97 ft
718 WASHINGTON AVE N MINNEAPOLIS MN 55401	LOOP PROPERTY LLC	COMMERCIAL-PREFERRED	$163,100	97 ft
718 WASHINGTON AVE N MINNEAPOLIS MN 55401	ELLIS HOLDING COMPANY LLC	COMMERCIAL-PREFERRED	$157,700	97 ft
718 WASHINGTON AVE N MINNEAPOLIS MN 55401	SUSSNER PARTNERS LLC	COMMERCIAL-PREFERRED	$376,400	97 ft
718 WASHINGTON AVE N MINNEAPOLIS MN 55401	ELLIS HOLDING COMPANY LLC	COMMERCIAL-PREFERRED	$76,800	97 ft
718 WASHINGTON AVE N MINNEAPOLIS MN 55401	LOOP PROPERTY LLC	COMMERCIAL-PREFERRED	$146,600	97 ft
718 WASHINGTON AVE N MINNEAPOLIS MN 55401	ELLIS HOLDING COMPANY LLC	COMMERCIAL-PREFERRED	$230,500	97 ft
718 WASHINGTON AVE N MINNEAPOLIS MN 55401	718 LLC	COMMERCIAL-PREFERRED	$188,500	97 ft
718 WASHINGTON AVE N MINNEAPOLIS MN 55401	STRAND-KIRK LLC	COMMERCIAL-PREFERRED	$168,400	97 ft
718 WASHINGTON AVE N MINNEAPOLIS MN 55401	DATADIGS LLC	COMMERCIAL-PREFERRED	$150,200	97 ft

Property History

Most Recent Sale

Date202112

Price$2,455,778

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$888