2300 25TH ST E MINNEAPOLIS MN 55406

PID: 3602924240084

Property Overview

Parcel ID3602924240084

Lot Size251,596 sq ft (5.776 ac)

Lot Dimensions (est.)988 ft wide × 255 ft deep

Year Built1971

Property ClassINDUSTRIAL-PREFERRED

OwnerGRAYBAR ELECTRIC CO INC

Assessed Value$6,250,000

Land Value$2,259,100

Building Value$3,990,900

Annual Tax$214,600

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

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 ↗

Potential programs

Met Council Livable Communities GrantMedium

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 ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

3 permits on record since 2004 · $1.1M total declared value · Most recent: Aug 2022 (roofwind)

RoofwindAug 2022Closed

$829K

LAKE AREA ROOFING AND CONSTRUCTION INC

Building Re-inspectionMay 2005

$59K

Building Re-inspectionOct 2004

$232K

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Seward · Minneapolis

Median reported rent1,337/mo

Renter-occupied28.1%

Median home value$329K

Vacancy rate4.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1075

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

Zoning

PR2Production and Processing

Property History

Current Tax Year

Year2026

Tax Due$214,600

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2418 24TH AVE S MINNEAPOLIS MN 55406	MICHAEL V NOYCE	RESIDENTIAL-TWO UNIT	$439,600	194 ft
2323 25TH ST E MINNEAPOLIS MN 55406	PAUL M DEAN	INDUSTRIAL-PREFERRED	$604,000	233 ft
2419 23RD AVE S MINNEAPOLIS MN 55404	LINDSAY ANNE SORGE	RESIDENTIAL	$247,600	237 ft
2414 24TH AVE S MINNEAPOLIS MN 55406	APRIL NELSON & AMANDA NELSON	RESIDENTIAL-TWO UNIT	$364,600	237 ft
2417 23RD AVE S MINNEAPOLIS MN 55404	HILARY PHILIPPS	RESIDENTIAL	$324,000	259 ft
2412 24TH AVE S MINNEAPOLIS MN 55406	WELLS BOVARD	TRIPLEX	$427,300	277 ft
2415 23RD AVE S MINNEAPOLIS MN 55404	H GRIEBEL & J VASILAKES	RESIDENTIAL	$347,900	288 ft
2508 24TH AVE S MINNEAPOLIS MN 55406	2508 24TH AVENUE SOUTH LLC	INDUSTRIAL-PREFERRED	$1,150,000	306 ft
2408 24TH AVE S MINNEAPOLIS MN 55406	C E M BURKE & C Q BURKE	RESIDENTIAL	$407,100	318 ft
2417 24TH AVE S MINNEAPOLIS MN 55406	DAN J BALLOT	RESIDENTIAL	$242,800	318 ft