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 the East Lake Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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.
No permits found in Minneapolis open data for this parcel.
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 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
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 |
|---|---|---|---|---|
| 2850 PARK AVE MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 72 ft |
| 2844 PARK AVE MINNEAPOLIS MN 55407 | OAKLAND AVE PROPERTIES LLC | LAND - INDUSTRIAL | $107,600 | 128 ft |
| 2900 PARK AVE MINNEAPOLIS MN 55407 | ZINSMASTER LTD PTSHP (CO-OP) | LOW INCOME RENTAL | $2,258,000 | 134 ft |
| 2837 OAKLAND AVE MINNEAPOLIS MN 55407 | ENVISION COMMERCIAL LLC | INDUSTRIAL-PREFERRED | $1,485,000 | 172 ft |
| 2840 PARK AVE MINNEAPOLIS MN 55407 | ALFONSO VELEZ & GLORIA VELEZ | RESIDENTIAL-TWO UNIT | $289,800 | 174 ft |
| 2836 PARK AVE MINNEAPOLIS MN 55407 | PARK AVE HOMES LLC | TRIPLEX | $297,400 | 217 ft |
| 2916 PARK AVE MINNEAPOLIS MN 55407 | ZINSMASTER LTD PTSHP (CO-OP) | LOW INCOME RENTAL | $2,012,000 | 255 ft |
| 2833 OAKLAND AVE MINNEAPOLIS MN 55407 | SEQUNDO L GONZALEZ | RESIDENTIAL | $221,000 | 258 ft |
| 2832 PARK AVE MINNEAPOLIS MN 55407 | PATRICIA M CASAGRANDE | APARTMENT | $618,000 | 260 ft |
| 2840 OAKLAND AVE MINNEAPOLIS MN 55407 | N S P | COMMERCIAL-PREFERRED | $880,000 | 281 ft |
Current Tax Year