Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 ↗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.
3 permits on record since 2017 · $121K total declared value · Most recent: Oct 2024 (roofwind)
RAYCO CONSTRUCTION INC
WINDOW OUTFITTERS INC
RAYCO CONSTRUCTION INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Midtown Phillips · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1258
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Urban Neighborhood 2 — moderate-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 |
|---|---|---|---|---|
| 2728 15TH AVE S MINNEAPOLIS MN 55407 | ST PAULS EVAN LTH CHRCH-MPLS | RESIDENTIAL | $0 | 94 ft |
| 2726 15TH AVE S MINNEAPOLIS MN 55407 | ST PAULS EVANG LUTH CHURCH | VACANT LAND-RESIDENTIAL | $0 | 134 ft |
| 2735 14TH AVE S MINNEAPOLIS MN 55407 | BOLD INVESTMENT GROUP LLC | RESIDENTIAL-TWO UNIT | $332,900 | 141 ft |
| 2731 14TH AVE S MINNEAPOLIS MN 55407 | ANN PERROTTA | RESIDENTIAL | $182,000 | 147 ft |
| 2739 14TH AVE S MINNEAPOLIS MN 55407 | J D ROBERTS/S K MCMANIMON | RESIDENTIAL-TWO UNIT | $340,500 | 150 ft |
| 2729 14TH AVE S MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | RESIDENTIAL | $195,000 | 160 ft |
| 2720 15TH AVE S MINNEAPOLIS MN 55407 | SILVINA MORALES CHAVEZ | RESIDENTIAL-TWO UNIT | $271,400 | 174 ft |
| 2725 14TH AVE S MINNEAPOLIS MN 55407 | ALLISON WELCH/ALEX PEDERSON | RESIDENTIAL | $249,600 | 180 ft |
| 2800 15TH AVE S MINNEAPOLIS MN 55407 | GOLDEN INVESTMENTS LLC | RESIDENTIAL | $222,900 | 185 ft |
| 1413 28TH ST E MINNEAPOLIS MN 55407 | DANA PAUCAR | VACANT LAND-RESIDENTIAL | $3,000 | 190 ft |
Current Tax Year