2616 29TH ST E MINNEAPOLIS MN 55406

PID: 3602924430042

Property Overview

Parcel ID3602924430042

Lot Size2,400 sq ft (0.055 ac)

Lot Dimensions (est.)50 ft wide × 48 ft deep

Year Built0

Property ClassLAND - INDUSTRIAL

OwnerKRISTIAN WYROBEK

Assessed Value$21,600

Land Value$21,600

Building Value$0

Annual Tax$649

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth8 ft

Area~322 sqft

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

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 322 sqft buildable area.

Est. units

Yield on cost

10.3%

Spread

+4.8%

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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	70 ft
2620 29TH ST E MINNEAPOLIS MN 55406	KRISTOL PROPERTIES LLC	LAND-COMMERCIAL	$80,600	76 ft
2836 27TH AVE S MINNEAPOLIS MN 55406	HOME PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$250,900	109 ft
2832 27TH AVE S MINNEAPOLIS MN 55406	S SMITH & R E BUCKNER	RESIDENTIAL-TWO UNIT	$318,500	153 ft
2615 29TH ST E MINNEAPOLIS MN 55406	MIDTOWN CORNER LLC	APARTMENT	$27,829,000	165 ft
1 ADDRESS PENDING MINNEAPOLIS MN 00000	BLACK MOUNTAIN HOLDINGS LLC	INDUSTRIAL-PREFERRED	$2,374,000	167 ft
2828 27TH AVE S MINNEAPOLIS MN 55406	KRISTOL PROPERTIES LLC	LAND - INDUSTRIAL	$65,700	199 ft
1 ADDRESS PENDING MINNEAPOLIS MN 00000	KRISTOL PROPERTIES LLC	LAND - INDUSTRIAL	$65,700	246 ft
2845 27TH AVE S MINNEAPOLIS MN 55406	WINTER WOODS LLC	RESIDENTIAL	$353,000	253 ft
2841 27TH AVE S MINNEAPOLIS MN 55406	N & M D R DELUNA	RESIDENTIAL	$283,200	289 ft

Property History

Most Recent Sale

Date199304

Price$26,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$649