ParcelLens
Property Intelligence · Twin Cities
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Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Minneapolis South Green Zone — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green Zones ↗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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
32 permits on record since 2003 · $77.1M total declared value · Most recent: Mar 2023 (roofwind)
CENTRAL ROOFING CO
Metropolitan Mechanical Contractors Inc
GREINER CONSTRUCTION
GREINER CONSTRUCTION
GREINER CONSTRUCTION
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Phillips West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1260
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Residential Mixed-Use 3 — higher-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on mid-rise concrete (50+ units) benchmarks for 638,649 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 501 27TH ST E MINNEAPOLIS MN 55408 | PPL ON PORTLAND | VACANT LAND-RESIDENTIAL | $4,000 | 400 ft |
| 2709 5TH AVE S MINNEAPOLIS MN 55408 | BALQISA O HASSAN | CONDOMINIUM | $292,700 | 434 ft |
| 2705 5TH AVE S MINNEAPOLIS MN 55408 | PPL ON PORTLAND | VACANT LAND-RESIDENTIAL | $29,000 | 438 ft |
| 505 27TH ST E MINNEAPOLIS MN 55408 | PPL ON PORTLAND | VACANT LAND-RESIDENTIAL | $4,000 | 439 ft |
| 2707 5TH AVE S MINNEAPOLIS MN 55408 | PPL ON PORTLAND | VACANT LAND-RESIDENTIAL | $10,000 | 444 ft |
| 2713 5TH AVE S MINNEAPOLIS MN 55408 | SAID S FARAH | CONDOMINIUM | $261,100 | 447 ft |
| 2717 5TH AVE S MINNEAPOLIS MN 55408 | V LOPEZ-ESPINOZA ET AL | CONDOMINIUM | $262,100 | 460 ft |
| 2719 5TH AVE S MINNEAPOLIS MN 55408 | MOHAMED A SULEYMAN | CONDOMINIUM | $288,700 | 474 ft |
| 2721 5TH AVE S MINNEAPOLIS MN 55408 | KEVIN/LYNN FARMER REV TRUST | CONDOMINIUM | $271,300 | 474 ft |
| MN | Unknown | — | — | 474 ft |
Most Recent Sale
Current Tax Year