3500 LAKE ST W MINNEAPOLIS MN 55416

PID: 3202924340660

Property Overview

Parcel ID3202924340660

Lot Size59,809 sq ft (1.373 ac)

Lot Dimensions (est.)606 ft wide × 99 ft deep

Year Built0

Property ClassLAND-COMMERCIAL

OwnerMETROPOLITAN COUNCIL

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$0

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Public land opportunityHigh

Owned by Metropolitan Council — 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

Cedar - Isles - Dean · Minneapolis

Median reported rent1,749/mo

Renter-occupied47.2%

Median home value$827K

Vacancy rate7.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1065

Market Snapshot

Zip code 55416

Median sale price$395K-8.1% YoY

Median price / sqft$246/sqft

Median days to close46 days

Active listings89

Source: Redfin Data Center (Invalid Date) · Zip 55416

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

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

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width91 ft

Buildable depth552 ft

Area~30,086 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
3427 ST LOUIS AVE MINNEAPOLIS MN 55416	THE LORA L TRUCKENBROD TRUST	TOWNHOUSE	$535,000	140 ft
3429 ST LOUIS AVE MINNEAPOLIS MN 55416	SHANNON L GREEN	TOWNHOUSE	$509,300	167 ft
3443 ST LOUIS AVE MINNEAPOLIS MN 55416	LORI-JEAN GILLE ET AL	TOWNHOUSE	$483,600	170 ft
3431 ST LOUIS AVE MINNEAPOLIS MN 55416	STUART R HEMPHILL	TOWNHOUSE	$377,700	194 ft
3441 ST LOUIS AVE MINNEAPOLIS MN 55416	T J COLEMAN & H A FREDENBURG	TOWNHOUSE	$485,800	197 ft
3425 ST LOUIS AVE MINNEAPOLIS MN 55416	J E ERICKSON & M A LEE	TOWNHOUSE	$510,400	202 ft
3423 ST LOUIS AVE MINNEAPOLIS MN 55416	W R BEVAN & R BEVAN	TOWNHOUSE	$502,900	225 ft
3445 ST LOUIS AVE MINNEAPOLIS MN 55416	RICHARD & KAROL SCHNEIDER	TOWNHOUSE	$475,100	227 ft
3433 ST LOUIS AVE MINNEAPOLIS MN 55416	ANGELA SCHAD/MICHAEL LITTLE	TOWNHOUSE	$508,300	238 ft
3447 ST LOUIS AVE MINNEAPOLIS MN 55416	J A ANDERSON & E J ANDERSON	TOWNHOUSE	$520,000	245 ft

Property History

Current Tax Year

Year2026

Tax Due$0