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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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.
10 permits on record since 2005 · $9.1M total declared value · Most recent: Apr 2024 (commfdrr)
Schadegg Mechanical
Schadegg Mechanical
Schadegg Mechanical
VISTA MECHANICAL
MISSION CONST
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
East Phillips · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1259
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Most Recent Sale
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 |
|---|---|---|---|---|
| 2700 HIAWATHA AVE MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 249 ft |
| 2105 28TH ST E MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 391 ft |
| 1919 28TH ST E MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 421 ft |
| 2013 28TH ST E MINNEAPOLIS MN 55407 | JADCO SUPPLY & EQUIPMENT LLP | INDUSTRIAL-PREFERRED | $146,000 | 424 ft |
| 2809 20TH AVE S MINNEAPOLIS MN 55407 | JADCO SUPPLY & EQUIPMENT LLP | INDUSTRIAL-PREFERRED | $312,000 | 442 ft |
| 2901 HIAWATHA AVE MINNEAPOLIS MN 55406 | METROPOLITAN COUNCIL | LAND - INDUSTRIAL | $0 | 502 ft |
| 1860 28TH ST E MINNEAPOLIS MN 55407 | CITY OF MINNEAPOLIS | INDUSTRIAL-PREFERRED | $0 | 502 ft |
| 2821 20TH AVE S MINNEAPOLIS MN 55407 | JADCO SUPPLY & EQUIPMENT LLP | INDUSTRIAL-PREFERRED | $1,008,000 | 542 ft |
| 2701 LONGFELLOW AVE MINNEAPOLIS MN 55407 | CITY OF MPLS | LAND - INDUSTRIAL | $0 | 553 ft |
| 2812 20TH AVE S MINNEAPOLIS MN 55407 | JADCO SUPPLY & EQUIPMENT | LAND - INDUSTRIAL | $108,600 | 617 ft |