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 ↗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 ↗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.
1 permit on record since 2012 · $8.0M total declared value · Most recent: Sep 2012 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Loring Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1052.04
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
Downtown Center 1 — urban core 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 |
|---|---|---|---|---|
| 1406 1ST AVE S MINNEAPOLIS MN 55403 | WAMO MANAGEMENT LLC | COMMERCIAL-PREFERRED | $264,500 | 90 ft |
| 10 15TH ST E MINNEAPOLIS MN 55403 | MARVIN GARDENS LTD PTNRSHP | LOW INCOME RENTAL | $1,350,000 | 103 ft |
| 1402 1ST AVE S MINNEAPOLIS MN 55403 | WAMO MANAGEMENT LLC | COMMERCIAL-PREFERRED | $765,200 | 140 ft |
| 1411 NICOLLET AVE MINNEAPOLIS MN 55403 | WALDON PROPERTIES L L P | COMMERCIAL-PREFERRED | $946,600 | 149 ft |
| 1413 NICOLLET AVE MINNEAPOLIS MN 55403 | WALDON PROPERTIES L L P | LAND-COMMERCIAL | $440,000 | 172 ft |
| 1405 NICOLLET AVE MINNEAPOLIS MN 55403 | WOODDALE CHURCH | COMMERCIAL-PREFERRED | $0 | 175 ft |
| 1501 NICOLLET AVE MINNEAPOLIS MN 55403 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 198 ft |
| 1401 NICOLLET AVE MINNEAPOLIS MN 55403 | TRAN HOLDINGS LLC | COMMERCIAL-PREFERRED | $788,500 | 209 ft |
| 1508 1ST AVE S MINNEAPOLIS MN 55403 | CITY OF MPLS MUNICIPAL CORP | LAND-COMMERCIAL | $0 | 269 ft |
| 1509 NICOLLET AVE MINNEAPOLIS MN 55403 | CITY OF MPLS MUNICIPAL CORP | LAND-COMMERCIAL | $0 | 295 ft |
Most Recent Sale
Current Tax Year