ParcelLens
Property Intelligence · Twin Cities
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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 ↗Signals are based on public datasets; program eligibility requires verification.
11 permits on record since 2012 · $189K total declared value · Most recent: Oct 2025 (remodel)
MasTec Network Solutions
A T & T WIRELESS
Qualtek Wireless
Verizon Wireless
SAC WIRELESS ON B / O AT AND T MOBILITY
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1048.02
Zip code 55454
Source: Redfin Data Center (Invalid Date) · Zip 55454
Residential Mixed-Use 3 — higher-density mixed 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.
Back-of-envelope estimate based on mid-rise concrete (50+ units) benchmarks for 103,418 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2131 5TH ST S MINNEAPOLIS MN 55454 | U OF MINN | LAND-COMMERCIAL | $0 | 262 ft |
| 524 23RD AVE S MINNEAPOLIS MN 55454 | FAIRVIEW HOSPITAL | COMMERCIAL-PREFERRED | $8,400,000 | 280 ft |
| 2129 5TH ST S MINNEAPOLIS MN 55454 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 283 ft |
| 2128 5TH ST S MINNEAPOLIS MN 55454 | STATE OF MINN | LAND-COMMERCIAL | $0 | 287 ft |
| 2123 5TH ST S MINNEAPOLIS MN 55454 | REGENTS OF UNIV OF MINN | LAND-COMMERCIAL | $0 | 315 ft |
| 2127 5TH ST S MINNEAPOLIS MN 55454 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 319 ft |
| 510 22ND AVE S MINNEAPOLIS MN 55454 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 350 ft |
| 514 22ND AVE S MINNEAPOLIS MN 55454 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 361 ft |
| 2119 5TH ST S MINNEAPOLIS MN 55454 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 362 ft |
| 512 22ND AVE S MINNEAPOLIS MN 55454 | UNIV OF MINN | LAND-COMMERCIAL | $0 | 363 ft |
Current Tax Year