84 NICOLLET ST MINNEAPOLIS MN 55401

PID: 2302924220029

Property Overview

Parcel ID2302924220029

Lot Size60,308 sq ft (1.384 ac)

Lot Dimensions (est.)399 ft wide × 151 ft deep

Year Built0

Property ClassLAND-COMMERCIAL

OwnerCITY OF MINNEAPOLIS PK BOARD

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$0

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictYes — St. Anthony Falls

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 ↗

Historic district — St. Anthony FallsHigh

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

Minneapolis Preservation & Landmarks ↗

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

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 ↗

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,674/mo

Renter-occupied50.5%

Median home value$467K

Vacancy rate12.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1036

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width389 ft

Buildable depth111 ft

Area~43,781 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
181 ISLAND AVE E MINNEAPOLIS MN 55401	MPLS PARK & RECREATION BOARD	RESIDENTIAL-TWO UNIT	$0	105 ft
195 ISLAND AVE E MINNEAPOLIS MN 55401	CITY OF MPLS PARK BOARD	LAND-COMMERCIAL	$0	182 ft
177 NICOLLET ST MINNEAPOLIS MN 55401	MPLS PARK & RECREATION BOARD	RESIDENTIAL-TWO UNIT	$0	192 ft
183 ISLAND AVE E MINNEAPOLIS MN 55401	MPLS PARK & RECREATION BOARD	APARTMENT	$0	195 ft
MN	Unknown	—	—	195 ft
MN	Unknown	—	—	195 ft
MN	Unknown	—	—	195 ft
MN	Unknown	—	—	195 ft
MN	Unknown	—	—	195 ft
MN	Unknown	—	—	195 ft

Property History

Current Tax Year

Year2026

Tax Due$0