415 5TH ST S MINNEAPOLIS MN 55415

PID: 2602924220026· 1 field stubbed (see below)

Property Overview

Parcel ID2602924220026

Lot Size65,635 sq ft (1.507 ac)

Lot Dimensions (est.)339 ft wide × 193 ft deep

Year Built1974

Property ClassCOMMERCIAL-NON PREFERRED

OwnerUGP-415 SOUTH 5TH LLC

Assessed Value$13,600,000

Land Value$6,207,300

Building Value$7,192,700

Annual Tax$508,705

Environmental Constraints

FloodplainNo

WetlandsNone detected

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

Minneapolis

Median reported rent2,088/mo

Renter-occupied70.2%

Median home value$558K

Vacancy rate10.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1261.02

Market Snapshot

Zip code 55415

Median sale price$450K-10.9% YoY

Median price / sqft$376/sqft

Median days to close145 days

Active listings51

Source: Redfin Data Center (Invalid Date) · Zip 55415

Zoning

Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.

Property History

Most Recent Sale

Date201712

Price$23,581,000

TypeQUIT CLAIM DEED

Current Tax Year

Year2026

Tax Due$508,705

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
505 4TH AVE S MINNEAPOLIS MN 55415	CITY OF MINNEAPOLIS	COMMERCIAL-PREFERRED	$0	165 ft
500 6TH ST S MINNEAPOLIS MN 55415	ARMORY HOLDINGS LLC	COMMERCIAL-PREFERRED	$5,715,000	344 ft
600 5TH AVE S MINNEAPOLIS MN 55415	625 PARKING LLC	COMMON AREA	$0	411 ft
600 5TH AVE S MINNEAPOLIS MN 55415	FLT SORA LLC	APARTMENT	$950,000	411 ft
600 5TH AVE S MINNEAPOLIS MN 55415	FLT SORA LLC	APARTMENT	$14,910,000	411 ft
600 5TH AVE S MINNEAPOLIS MN 55415	625 PARKING LLC	COMMERCIAL-PREFERRED	$5,370,000	411 ft
600 5TH AVE S MINNEAPOLIS MN 55415	625 PARKING LLC	COMMON AREA	$0	411 ft
600 5TH AVE S MINNEAPOLIS MN 55415	625 PARKING LLC	COMMON AREA	$0	411 ft
600 5TH AVE S MINNEAPOLIS MN 55415	625 PARKING LLC	COMMON AREA	$0	411 ft
600 5TH AVE S MINNEAPOLIS MN 55415	FLT SORA LLC	COMMERCIAL-PREFERRED	$60,000	411 ft

Stub notice: The following fields could not be fetched from live sources and are shown as "—": zoning. See README for details on which sources are live vs. stubbed.