Property summary
The property is located across 12th Street from the Minneapolis Convention Center, with skyway connectivity and pedestrian proximity to Loring Park and the Walker Art Center. It has access to major roadways including I-35W and I-94. The site is zoned to support vertical development up to 50 stories, and zoning incentives/premiums may allow greater building height. The existing church building is expected to be delivered vacant, and the parcel includes parking that can support income generation. The surrounding area includes nearby hotels and higher-end apartment developments.
Property profile
VerifiedCap rate & NOI
Current use
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Parking Lot & Garage
Location
Value estimations
Owner & transaction history
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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