2620 29TH ST E MINNEAPOLIS MN 55406

PID: 3602924430041

Property Overview

Parcel ID3602924430041

Lot Size4,897 sq ft (0.112 ac)

Lot Dimensions (est.)102 ft wide × 48 ft deep

Year Built0

Property ClassLAND-COMMERCIAL

OwnerKRISTOL PROPERTIES LLC

Assessed Value$80,600

Land Value$80,600

Building Value$0

Annual Tax$2,129

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

Potential programs

Environmental Response FundMedium

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.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Longfellow · Minneapolis

Median reported rent1,200/mo

Renter-occupied43.8%

Median home value$252K

Vacancy rate5.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1074

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width87 ft

Buildable depth8 ft

Area~701 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 701 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2840 27TH AVE S MINNEAPOLIS MN 55406	DAVID R CANNIFF	TRIPLEX	$394,800	54 ft
2616 29TH ST E MINNEAPOLIS MN 55406	KRISTIAN WYROBEK	LAND - INDUSTRIAL	$21,600	76 ft
2836 27TH AVE S MINNEAPOLIS MN 55406	HOME PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$250,900	99 ft
2832 27TH AVE S MINNEAPOLIS MN 55406	S SMITH & R E BUCKNER	RESIDENTIAL-TWO UNIT	$318,500	146 ft
2845 27TH AVE S MINNEAPOLIS MN 55406	WINTER WOODS LLC	RESIDENTIAL	$353,000	178 ft
2615 29TH ST E MINNEAPOLIS MN 55406	MIDTOWN CORNER LLC	APARTMENT	$27,829,000	189 ft
2828 27TH AVE S MINNEAPOLIS MN 55406	KRISTOL PROPERTIES LLC	LAND - INDUSTRIAL	$65,700	194 ft
2841 27TH AVE S MINNEAPOLIS MN 55406	N & M D R DELUNA	RESIDENTIAL	$283,200	215 ft
1 ADDRESS PENDING MINNEAPOLIS MN 00000	BLACK MOUNTAIN HOLDINGS LLC	INDUSTRIAL-PREFERRED	$2,374,000	226 ft
2837 27TH AVE S MINNEAPOLIS MN 55406	DEMIAN NONDORF	RESIDENTIAL	$180,600	231 ft

Property History

Most Recent Sale

Date200105

Price$98,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,129