1 ADDRESS UNASSIGNED MINNEAPOLIS MN 00000

PID: 2302924320552

Property Overview

Parcel ID2302924320552

Lot Size98,912 sq ft (2.271 ac)

Lot Dimensions (est.)863 ft wide × 115 ft deep

Year Built0

Property ClassRAILROAD

OwnerCHICAGO & NORTHWESTERN RR

Assessed Value$848,700

Land Value$848,700

Building Value$0

Annual Tax$29,397

Environmental Constraints

FloodplainYes — Zone AE

WetlandsPresent (~100% coverage)

Historic DistrictUnknown

Development Opportunities

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

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

Downtown West · Minneapolis

Median reported rent1,711/mo

Renter-occupied65.0%

Median home value$325K

Vacancy rate8.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1261.01

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 width863 ft

Buildable depth115 ft

Area~99,245 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
MN	Unknown	—	—	0 ft
1 ADDRESS UNASSIGNED MINNEAPOLIS MN 00000	BURLINGTON NORTHERN INC	RAILROAD	$0	0 ft
1 HENNEPIN AVE MINNEAPOLIS MN 55401	CITY OF MPLS PK BK	LAND-COMMERCIAL	$0	0 ft
100 1ST ST N MINNEAPOLIS MN 55401	U S POSTAL SERVICE	LAND-COMMERCIAL	$0	236 ft
100 1ST ST N MINNEAPOLIS MN 55401	UNITED STATES POSTAL SERVICE	LAND-COMMERCIAL	$0	249 ft
100 1ST ST S MINNEAPOLIS MN 55401	UNITED STATES POSTAL SERVICE	COMMERCIAL-PREFERRED	$0	278 ft
18 3RD AVE S MINNEAPOLIS MN 55401	U S POSTAL SERVICE	LAND-COMMERCIAL	$0	347 ft
20 3RD AVE S MINNEAPOLIS MN 55401	CHICAGO & NORTHWESTERN RR	LAND-COMMERCIAL	$30,000	497 ft
115 2ND AVE S MINNEAPOLIS MN 55401	RIVERGATE APARTMENTS LLC	APARTMENT	$30,000,000	648 ft
128 2ND AVE S MINNEAPOLIS MN 55401	GATEWAY OWNER LLC	APARTMENT	$48,240,000	666 ft

Property History

Current Tax Year

Year2026

Tax Due$29,397