ParcelLens
Property Intelligence · Twin Cities
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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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Downtown West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1261.02
Zip code 55401
Source: Redfin Data Center (Invalid Date) · Zip 55401
Downtown Center 2 — downtown frame district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
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 |
|---|---|---|---|---|
| 47 4TH ST S MINNEAPOLIS MN 55401 | 401 NICOLLET LP | COMMERCIAL-PREFERRED | $2,984,400 | 112 ft |
| 401 NICOLLET MALL MINNEAPOLIS MN 55401 | 401 NICOLLET LP | COMMERCIAL-PREFERRED | $21,885,600 | 189 ft |
| 400 MARQUETTE AVE MINNEAPOLIS MN 55401 | MN 4MARQ APARTMENTS LLC | APARTMENT | $49,690,000 | 207 ft |
| 73 5TH ST S MINNEAPOLIS MN 55402 | IPERS 510 MARQUETTE INC | COMMERCIAL-PREFERRED | $23,980,000 | 260 ft |
| 100 5TH ST S MINNEAPOLIS MN 55402 | FIFTH ST TOWERS PROP LLC | COMMERCIAL-PREFERRED | $36,630,000 | 324 ft |
| 414 NICOLLET MALL MINNEAPOLIS MN 55401 | NORTHERN STATES POWER CO | UTILITY | $25,457,100 | 326 ft |
| 501 NICOLLET MALL MINNEAPOLIS MN 55402 | KBSIII 60 SOUTH SIXTH ST LLC | COMMERCIAL-PREFERRED | $1,790,000 | 334 ft |
| 501 NICOLLET MALL MINNEAPOLIS MN 55402 | KBSIII 60 SOUTH SIXTH ST LLC | COMMERCIAL-PREFERRED | $90,000 | 334 ft |
| 501 NICOLLET MALL MINNEAPOLIS MN 55402 | KBSIII 60 SOUTH SIXTH ST LLC | COMMERCIAL-PREFERRED | $820,000 | 334 ft |
| 501 NICOLLET MALL MINNEAPOLIS MN 55402 | KBSIII 60 SOUTH SIXTH ST LLC | COMMERCIAL-PREFERRED | $2,660,000 | 334 ft |
Most Recent Sale
Current Tax Year