817 5TH AVE S MINNEAPOLIS MN 55404

PID: 2602924231082

Property Overview

Parcel ID2602924231082

Lot Size109,449 sq ft (2.513 ac)

Lot Dimensions (est.)453 ft wide × 242 ft deep

Year Built2018

Property ClassCOMMERCIAL-PREFERRED

OwnerKA BLOCK LLC

Assessed Value$3,840,000

Land Value$1,019,100

Building Value$2,820,900

Annual Tax$134,779

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

Elliot Park · Minneapolis

Median reported rent965/mo

Renter-occupied70.9%

Median home value$419K

Vacancy rate9.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1054

Market Snapshot

Zip code 55404

Median sale price$275K+9.7% YoY

Median price / sqft$197/sqft

Median days to close62 days

Active listings68

Source: Redfin Data Center (Invalid Date) · Zip 55404

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 width453 ft

Buildable depth242 ft

Area~109,626 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
501 8TH ST S MINNEAPOLIS MN 55404	KA HEADQUARTERS LLC	COMMERCIAL-PREFERRED	$8,897,200	0 ft
523 8TH ST S MINNEAPOLIS MN 55404	KA RESIDENTIAL LLC	APARTMENT	$46,855,100	0 ft
523 8TH ST S MINNEAPOLIS MN 55404	RLGEP LLC	COMMERCIAL-PREFERRED	$18,914,000	0 ft
523 8TH ST S MINNEAPOLIS MN 55404	KA BLOCK LLC	COMMON AREA	$0	0 ft
523 8TH ST S MINNEAPOLIS MN 55404	KA BLOCK LLC	COMMON AREA	$0	0 ft
523 8TH ST S MINNEAPOLIS MN 55404	KA HEADQUARTERS LLC	COMMERCIAL-PREFERRED	$2,602,800	0 ft
816 PORTLAND AVE MINNEAPOLIS MN 55404	KA RESIDENTIAL LLC	APARTMENT	$4,074,900	0 ft
523 8TH ST S MINNEAPOLIS MN 55404	KA BLOCK LLC	COMMON AREA	$0	0 ft
MN	Unknown	—	—	0 ft
519 9TH ST S MINNEAPOLIS MN 55404	ROEE V REINBERG & ZHEN ZHANG	CONDOMINIUM	$277,400	313 ft

Property History

Current Tax Year

Year2026

Tax Due$134,779