2802 NORTH WAYZATA BLVD MINNEAPOLIS MN 55405

PID: 2902924130071

Property Overview

Parcel ID2902924130071

Lot Size135,508 sq ft (3.111 ac)

Lot Dimensions (est.)577 ft wide × 235 ft deep

Year Built2023

Property ClassAPARTMENT

Owner2800 PARTNERS LLC

Assessed Value$20,900,000

Land Value$2,699,100

Building Value$18,200,900

Annual Tax$395,345

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

14 permits on record since 2022 · $12.9M total declared value · Most recent: Feb 2023 (commfdnr)

CommfdnrFeb 2023Closed

$957K

DOWNTOWN MECHANICAL LLC

TempheatJan 2023Closed

DOWNTOWN MECHANICAL LLC

TempheatDec 2022Closed

DOWNTOWN MECHANICAL LLC

ComnofdbvJul 2022Closed

DOWNTOWN MECHANICAL LLC

NewJun 2022Closed

$1.2M

2800 Partners, LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Bryn - Mawr · 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$540K+10.8% YoY

Median price / sqft$268/sqft

Median days to close21 days

Active listings52

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

Zoning

CM2Corridor Mixed Use

Property History

Current Tax Year

Year2026

Tax Due$395,345

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
2880 NORTH WAYZATA BLVD MINNEAPOLIS MN 55405	2800 PARTNERS LLC	VACANT LAND-APARTMENT	$80,700	184 ft
2800 NORTH WAYZATA BLVD MINNEAPOLIS MN 55405	2800 PARTNERS LLC	APARTMENT	$15,000,000	222 ft
610 UPTON AVE S MINNEAPOLIS MN 55405	KATHIE J CHRISTENSEN TRUST	RESIDENTIAL	$425,500	239 ft
616 UPTON AVE S MINNEAPOLIS MN 55405	LAROYCE KRANZ	RESIDENTIAL	$317,900	240 ft
620 UPTON AVE S MINNEAPOLIS MN 55405	KATHERINE CORONA ETAL	RESIDENTIAL	$308,100	251 ft
604 UPTON AVE S MINNEAPOLIS MN 55405	ESME KLOPP	RESIDENTIAL	$257,800	254 ft
602 UPTON AVE S MINNEAPOLIS MN 55405	DANIEL H POMMERENING	RESIDENTIAL	$278,500	270 ft
628 UPTON AVE S MINNEAPOLIS MN 55405	TROY TROSEN & JAMES KENNEY	RESIDENTIAL	$530,900	276 ft
632 UPTON AVE S MINNEAPOLIS MN 55405	STEPHEN J BORDEAU ET AL	RESIDENTIAL	$271,000	305 ft
456 UPTON AVE S MINNEAPOLIS MN 55405	DANIEL OKUBO	RESIDENTIAL	$485,100	330 ft