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.
5 permits on record since 2010 · $904K total declared value · Most recent: Jul 2024 (remodel)
City Of Minneapolis
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
Residential Mixed-Use 1 — low-density mixed 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 |
|---|---|---|---|---|
| 2850 20TH AVE S MINNEAPOLIS MN 55407 | CITY OF MPLS | INDUSTRIAL-PREFERRED | $0 | 399 ft |
| 1901 LAKE ST E MINNEAPOLIS MN 55407 | TOCALI LLC | LAND-COMMERCIAL | $212,700 | 525 ft |
| 1855 LAKE ST E MINNEAPOLIS MN 55407 | CENTRO FINANCIERO AXOCHIAPAN | COMMERCIAL-PREFERRED | $1,153,000 | 539 ft |
| 1845 LAKE ST E MINNEAPOLIS MN 55407 | MIGIZI COMMUNICATIONS INC | COMMERCIAL-PREFERRED | $0 | 548 ft |
| 2859 20TH AVE S MINNEAPOLIS MN 55407 | JADCO SUPPLY & EQUIP LLP | LAND - INDUSTRIAL | $50,400 | 554 ft |
| 1935 LAKE ST E MINNEAPOLIS MN 55407 | DON PEDRO LLC | LAND-COMMERCIAL | $85,000 | 558 ft |
| 2849 20TH AVE S MINNEAPOLIS MN 55407 | JADCO SUPPLY & EQUIP LLP | LAND - INDUSTRIAL | $69,600 | 583 ft |
| 3000 20TH AVE S MINNEAPOLIS MN 55407 | DON PEDRO LLC | COMMERCIAL-PREFERRED | $334,000 | 586 ft |
| 2837 CEDAR AVE S MINNEAPOLIS MN 55407 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 614 ft |
| 1841 LAKE ST E MINNEAPOLIS MN 55407 | BARAKA PROPERTIES INC | COMMERCIAL-PREFERRED | $673,000 | 619 ft |
Current Tax Year