ParcelLens
Property Intelligence · Twin Cities
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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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
14 permits on record since 2014 · $2.4M total declared value · Most recent: Aug 2025 (remodel)
Facilities Director Jayson Palm
Gilbert Mechanical Contractors LLC
Gilbert Mechanical Contractors LLC
Gilbert Mechanical Contractors LLC
Gilbert Mechanical Contractors LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Downtown West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1044
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
Downtown Center 2 — downtown frame district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 73 11TH ST S MINNEAPOLIS MN 55403 | SCF RC FUNDING IV LLC | COMMERCIAL-PREFERRED | $1,264,000 | 164 ft |
| 66 12TH ST S MINNEAPOLIS MN 55403 | OHP PRESERVATION L P | LOW INCOME RENTAL | $3,825,000 | 175 ft |
| 1102 NICOLLET MALL MINNEAPOLIS MN 55403 | SCF RC FUNDING IV LLC | COMMERCIAL-PREFERRED | $4,018,500 | 192 ft |
| 1101 LASALLE AVE MINNEAPOLIS MN 55403 | M2 DOWNTOWN MINNEAPOLIS LLC | COMMERCIAL-PREFERRED | $22,050,000 | 211 ft |
| 1200 NICOLLET MALL MINNEAPOLIS MN 55403 | JOYCE H PAGE | CONDOMINIUM | $160,000 | 267 ft |
| 1200 NICOLLET MALL MINNEAPOLIS MN 55403 | NATALIE CHRISTINE KOERBITZ | CONDOMINIUM | $164,000 | 267 ft |
| 1200 NICOLLET MALL MINNEAPOLIS MN 55403 | JOHNATHAN R SAHF | CONDOMINIUM | $172,000 | 267 ft |
| 1200 NICOLLET MALL MINNEAPOLIS MN 55403 | OLIVIA MARTIN | CONDOMINIUM | $140,000 | 267 ft |
| 1200 NICOLLET MALL MINNEAPOLIS MN 55403 | R F GONZALEZ & S HABBERSTAD | CONDOMINIUM | $127,000 | 267 ft |
| 1200 NICOLLET MALL MINNEAPOLIS MN 55403 | M S DAHM & NRWST BK MN TRSTE | CONDOMINIUM | $158,000 | 267 ft |
Most Recent Sale
Current Tax Year