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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2017 · $28.3M total declared value · Most recent: Oct 2023 (new)
WATSON-FORSBERG CO
Rachel Contracting Inc
MONARCH BUILDERS & COMMERCIAL SERVICES
THINK STUCCO
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Whittier · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 78.01
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Urban Neighborhood 3 — medium-density 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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2750 1ST AVE S MINNEAPOLIS MN 55408 | PPL SIMPSON HOUSING LLC | LOW INCOME RENTAL | $1,125,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 2728 1ST AVE S MINNEAPOLIS MN 55408 | SERENITY HOLDINGS LLC | VACANT LAND-RESIDENTIAL | $9,000 | 121 ft |
| 2735 NICOLLET AVE MINNEAPOLIS MN 55408 | TAMMY Y WONG | COMMERCIAL-PREFERRED | $1,010,000 | 139 ft |
| 2743 NICOLLET AVE MINNEAPOLIS MN 55408 | ASMARA LLC | APARTMENT | $1,072,000 | 145 ft |
| 2724 1ST AVE S MINNEAPOLIS MN 55408 | LUNG TRAN REVOCABLE TRUST | RESIDENTIAL-TWO UNIT | $286,900 | 161 ft |
| 2749 NICOLLET AVE MINNEAPOLIS MN 55408 | ROESNER PROPERTIES LLC | COMMERCIAL-PREFERRED | $531,000 | 164 ft |
| 2731 NICOLLET AVE MINNEAPOLIS MN 55408 | QUANG FAMILY CORPORATION | LAND-COMMERCIAL | $101,900 | 164 ft |
| 2727 1ST AVE S MINNEAPOLIS MN 55408 | VILLAGE INVEST LLC ET AL | APARTMENT | $4,022,000 | 198 ft |
| 2720 1ST AVE S MINNEAPOLIS MN 55408 | VARIED FIRST AVE CO-OP | COOPERATIVE HOUSING | $497,000 | 215 ft |
Current Tax Year