2131 WAYZATA BLVD MINNEAPOLIS MN 55405

PID: 2802924240024

Property Overview

Parcel ID2802924240024

Lot Size1,880,208 sq ft (43.164 ac)

Lot Dimensions (est.)2084 ft wide × 902 ft deep

Year Built1953

Property ClassCOMMERCIAL-PREFERRED

OwnerCITY OF MINNEAPOLIS PK BOARD

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$0

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Public land opportunityHigh

Owned by City of Minneapolis — surplus sales, redevelopment programs, or land trust transfers may apply.

Hennepin County parcel ownership data ↗

Potential programs

Minneapolis Homes — property salesMedium

Minneapolis Homes sells city-owned lots for homeownership and affordable housing; eligibility depends on property status and program cycle.

Minneapolis — City Property Sales ↗

Hennepin County surplus propertyMedium

Hennepin County disposes of public parcels through its surplus property program; contact Real Estate Services for current listings.

Hennepin County — Surplus Property Sales ↗

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 rent1,697/mo

Renter-occupied14.8%

Median home value$467K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1051

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width2,071 ft

Buildable depth862 ft

Area~1,784,288 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
400 KNOX AVE S MINNEAPOLIS MN 55405	MINNEAPOLIS PARK BOARD	LAND-COMMERCIAL	$0	239 ft
414 MORGAN AVE S MINNEAPOLIS MN 55405	OUTER DOCK PROPERTIES LLC	APARTMENT	$563,000	536 ft
424 MORGAN AVE S MINNEAPOLIS MN 55405	M C HURD & K T KLEPINSKI	RESIDENTIAL-TWO UNIT	$601,700	538 ft
426 MORGAN AVE S MINNEAPOLIS MN 55405	JOEL C MCLAY	RESIDENTIAL-TWO UNIT	$508,300	538 ft
432 MORGAN AVE S MINNEAPOLIS MN 55405	ANDREW K LESTRUD	RESIDENTIAL	$517,400	543 ft
418 MORGAN AVE S MINNEAPOLIS MN 55405	STEADY PROPERTIES LLC	APARTMENT	$433,000	548 ft
436 MORGAN AVE S MINNEAPOLIS MN 55405	THOMAS E HOOVER	RESIDENTIAL	$453,800	551 ft
440 MORGAN AVE S MINNEAPOLIS MN 55405	C ANDRESS & V ANDRESS	RESIDENTIAL	$624,000	565 ft
416 MORGAN AVE S MINNEAPOLIS MN 55405	OUTER DOCK PROPERTIES LLC	VACANT LAND-RESIDENTIAL	$2,700	566 ft
402 MORGAN AVE S MINNEAPOLIS MN 55405	LOWERTOWN HIST FUND CO LLC	RESIDENTIAL	$913,000	582 ft

Property History

Current Tax Year

Year2026

Tax Due$0