There is a police power exception to the 5th and 14th Amendment rights to not taking property without due process of law and just compensation.
In a similar case arising in Greenwood Village, Colorado, an innocent homeowner was denied any relief at trial in the U.S. District Court for the District of Colorado, or on appeal to the 10th Circuit, after his house was trashed by SWAT teams trying to catch a guy accused of mere theft and fleeing police officers. (The U.S. Supreme Court declined to review the case sometime after the linked article was written.)
But, there does appear to be a circuit split on the issue. The U.S. Court of Appeals for the 5th Circuit in a case appealed from a U.S. District Court decision in Texas reached a contrary conclusion in a case between Vicki Baker and the City of McKinney, Texas decided earlier this month in March of 2023 in which it affirmed a U.S. District Court ruling in favor of the homewoner.
The fact that there is now a circuit split on the issue increases the likelihood that the U.S. Supreme Court would consider a Petition for Certiorari from the 5th Circuit decision in the Texas case, although it is far from a sure thing as only about 1% of Petitions for Certiorari presented to the U.S. Supreme Court (about 80 out of 7,000 to 8,000 per year) are granted.
The key issue distinguishing these two rulings is the question of whether the police power exception to the eminent domain obligation of a government applies to cases in which the person whose property is taken is innocent of any wrongdoing and any legally relevant connection to a wrongdoer. Both circuits would agree that a government does not have eminent domain liability under the constitution if, for example, the property destroyed belongs to someone who committed a crime and has their house destroyed in the process of trying to arrest the criminal.
Also, neither of the decisions disputes that police may, under the police power exception, destroy property in connection with efforts to apprehend a criminal or to prevent a crime, without seeking court approval in the usual situation where there are exigent circumstances that can't wait for the slow process of conducting a court hearing on the question. The question, instead, is whether an innocent property owner has a right to bring an "inverse condemnation" lawsuit to remedy the damage that the innocent property owner has experienced.