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 ↗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 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 ↗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.
No permits found in Minneapolis open data for this parcel.
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
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1204 LAKE ST E MINNEAPOLIS MN 55407 | LUL BROS PROPERTIES LLC | COMMERCIAL-PREFERRED | $1,320,000 | 60 ft |
| 1120 LAKE ST E MINNEAPOLIS MN 55407 | 1112 E LAKE ST LLC | LAND-COMMERCIAL | $90,300 | 97 ft |
| 2939 12TH AVE S MINNEAPOLIS MN 55407 | ARCH COUNCIL ST VINCENT | COMMERCIAL-PREFERRED | $0 | 137 ft |
| 1114 LAKE ST E MINNEAPOLIS MN 55407 | 1112 E LAKE ST LLC | LAND-COMMERCIAL | $92,300 | 141 ft |
| 2940 12TH AVE S MINNEAPOLIS MN 55407 | KEVIN KOLSTAD | COMMERCIAL-PREFERRED | $357,000 | 166 ft |
| 1112 LAKE ST E MINNEAPOLIS MN 55407 | 1112 E LAKE ST LLC | COMMERCIAL-PREFERRED | $680,000 | 186 ft |
| 1238 LAKE ST E MINNEAPOLIS MN 55407 | SPIRIT ON LAKE LMTD PTSHIP | LOW INCOME RENTAL | $5,627,000 | 189 ft |
| 2936 12TH AVE S MINNEAPOLIS MN 55407 | VICTOR RAMIREZ ROMERO | RESIDENTIAL | $215,600 | 191 ft |
| 2929 12TH AVE S MINNEAPOLIS MN 55407 | SHELIA J ENGLUND | RESIDENTIAL | $192,000 | 217 ft |
| 2932 12TH AVE S MINNEAPOLIS MN 55407 | LUIS QUIZPHI PAUCAR | RESIDENTIAL-TWO UNIT | $289,600 | 221 ft |