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.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1258
Residential Mixed-Use 1 — low-density mixed residential
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 |
|---|---|---|---|---|
| 2810 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ALLIANCE HOUSING INC | LOW INCOME RENTAL | $255,300 | 0 ft |
| 2816 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ALLIANCE HOUSING INC | LOW INCOME RENTAL | $264,700 | 46 ft |
| 2806 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MARYAN GARAD | CONDOMINIUM | $239,000 | 85 ft |
| 2804 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MABELU WERUTAW | CONDOMINIUM | $232,000 | 85 ft |
| 2802 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | FARHIYA MOHAMED | CONDOMINIUM | $226,000 | 85 ft |
| 2800 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MUNA GARAD | CONDOMINIUM | $235,000 | 85 ft |
| 1515 28TH ST E MINNEAPOLIS MN 55407 | S O MOHAMUD & A M FARAH | CONDOMINIUM | $249,000 | 85 ft |
| 1511 28TH ST E MINNEAPOLIS MN 55407 | CARLOS BECERRA CARRILLO SR | CONDOMINIUM | $221,000 | 85 ft |
| 2808 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | CHRISTOPHER SEBAS | CONDOMINIUM | $221,000 | 85 ft |
| 2800 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | RENAISSANCE AT 2800 OWN ASCN | COMMON AREA | $0 | 85 ft |