2806 27TH AVE S MINNEAPOLIS MN 55406

PID: 3602924430109

Property Overview

Parcel ID3602924430109

Lot Size29,191 sq ft (0.670 ac)

Lot Dimensions (est.)153 ft wide × 190 ft deep

Year Built2024

Property ClassVACANT LAND-RESIDENTIAL

OwnerMINNEHAHA SUPORTIVE HOUSING

Assessed Value$66,000

Land Value$66,000

Building Value$0

Annual Tax$1,253

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

5 permits on record since 2024 · $18.5M total declared value · Most recent: Jun 2025 (remodel)

RemodelJun 2025Closed

$42K

(Solar Work) Apadana LLC

TempheatNov 2024Closed

Harty Mechanical Inc

CommfdnrSep 2024Closed

$1.2M

Harty Mechanical Inc

Commercial MinorAug 2024Closed

Harty Mechanical Inc

NewAug 2024Closed

$17.2M

2800 27Th Avenue LLC

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

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 width138 ft

Buildable depth150 ft

Area~19,821 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 3-story wood frame (5–12 units) benchmarks for 19,821 sqft buildable area.

Est. units

Yield on cost

4.4%

Spread

-1.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2617 28TH ST E MINNEAPOLIS MN 55406	AGATE HOUSING & SERVICES INC	LAND - INDUSTRIAL	$179,800	0 ft
2810 27TH AVE S MINNEAPOLIS MN 55406	AGATE HOUSING & SERVICES INC	LAND-COMMERCIAL	$34,600	0 ft
MN	Unknown	—	—	0 ft
2816 27TH AVE S MINNEAPOLIS MN 55406	JAMES J CHOATE	RESIDENTIAL-TWO UNIT	$325,900	120 ft
2611 28TH ST E MINNEAPOLIS MN 55406	LIEN TRAN & HAI PHAM	RESIDENTIAL	$167,000	146 ft
2820 27TH AVE S MINNEAPOLIS MN 55406	DANIEL G WENKER RE INTVIV TR	RESIDENTIAL	$197,800	168 ft
2809 26TH AVE S MINNEAPOLIS MN 55406	DOMINGO MARTINEZ CRUZ	RESIDENTIAL-TWO UNIT	$270,000	170 ft
2805 26TH AVE S MINNEAPOLIS MN 55406	FILIPE PAIVA	RESIDENTIAL-TWO UNIT	$309,500	170 ft
2815 26TH AVE S MINNEAPOLIS MN 55406	BLACK MOUNTAIN HOLDINGS LLC	LAND - INDUSTRIAL	$65,700	184 ft
2701 28TH ST E MINNEAPOLIS MN 55406	ENOCH HILL	CONDOMINIUM	$206,000	207 ft

Property History

Current Tax Year

Year2026

Tax Due$1,253