Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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.
4 permits on record since 2019 · $34K total declared value · Most recent: Dec 2023 (commercial minor)
BARNES PLUMBING
Barnes Plumbing Co Inc
FLANNERY CONSTRUCTION
RALPHS EXTERIORS INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Ventura Village · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1060
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Residential Mixed-Use 1 — low-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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2312 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | PHILLIPS REDESIGN LTD PTRSHP | LOW INCOME RENTAL | $446,100 | 92 ft |
| 2301 15TH AVE S MINNEAPOLIS MN 55404 | ALL NATIONS INDIAN CHURCH | LAND-COMMERCIAL | $0 | 135 ft |
| 2309 15TH AVE S MINNEAPOLIS MN 55404 | L A PAREDES & N D PEREDES | RESIDENTIAL | $372,000 | 136 ft |
| 2313 15TH AVE S MINNEAPOLIS MN 55404 | L A PAREDES & N D PAREDES | RESIDENTIAL | $281,000 | 159 ft |
| 2320 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | PHILLIPS REDESIGN LTD PTNRSP | LOW INCOME RENTAL | $501,000 | 159 ft |
| 2303 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | SALEEM COLLINS | RESIDENTIAL-TWO UNIT | $297,600 | 179 ft |
| 2309 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | PHILLIPS REDESIGN LTD PTRSHP | LOW INCOME RENTAL | $270,900 | 185 ft |
| 2301 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | MOHAMMAD SADFER MOGHUL | RESIDENTIAL | $117,000 | 187 ft |
| 1506 24TH ST E MINNEAPOLIS MN 55404 | CENTRAL COMMUNITY HSG TRUST | VACANT LAND-APARTMENT | $84,100 | 191 ft |
| 2214 BLOOMINGTON AVE MINNEAPOLIS MN 55404 | MILLE LACS BAND OF OJIBWE | APARTMENT | $1,497,000 | 194 ft |
Most Recent Sale
Current Tax Year