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    2828 27Th Ave S Minneapolis, MN 55406

    For Sale
    $488,730

    Lots & Land - Minneapolis, MN

    Lot size:
    0.34 Acres
    Days on Market:
    186
    Last Refresh:
    Dec 15 at 7:06 am

    Property Features for 2828 27Th Ave S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial,Residential-Single Family
    APN
    3602924430037
    Lot size
    0.34 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Results (952) 829-2900 [email protected]

    Listing agent Mark K Hulsey (952) 829-2900

    Listing date Jun 13, 2025

    MLS# 6738023 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Minneapolis Land Parcels for Redevelopment

    Two contiguous parcels are available for sale, located at 2828 & 2824 27th Ave S, Minneapolis, MN 55406. The lots, totaling 14,810 square feet, are currently vacant and suited for redevelopment. The immediate area features new developments, including apartments under construction on the same block. The location is blocks from East Lake Street and Hiawatha Ave, offering strong traffic counts and public transit access. The neighborhood provides convenient access to Target, CVS, Cub Foods & Pharmacy, Aldi, fast food restaurants, fitness centers, and entertainment options. The zoning is UN3 - Urban Neighborhood District & CM3 - Community Mixed-Use District, permitting moderate to large-scale residential uses, community service centers, educational facilities, and lower-impact production facilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.233591
    Latitude
    44.950874

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    FAQs

    What type of property is this?
    Commercial land - Two contiguous parcels totaling 14,810 SF, primed for redevelopment.
    Where is this commercial land located?
    The property is located at 2828 27Th Ave S Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $488,730.
    What are key features of this property?
    This property features: - Two contiguous vacant parcels totaling 14,810 SF, primed for redevelopment.; - Excellent location blocks from East Lake Street and Hiawatha Ave with strong traffic counts and public transit.; - Generous zoning (UN3 & CM3) allows for diverse development options including residential, community service, and educational facilities.
    (952) 829-2900
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    2828 27Th Ave S Minneapolis, MN 55406
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    Minneapolis, MN 55406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2828 27Th Ave S Minneapolis, MN 55406
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