420 MARSHALL AVE

PID: 012823210005· 2 fields stubbed (see below)

Property Overview

Parcel ID012823210005

Lot Size37,462 sq ft (0.880 ac)

Lot Dimensions (est.)217 ft wide × 173 ft deep

Year Built1968

Property ClassNURSING HOME AND PRIVATE HOSPITAL

Owner420 MARSHALL AVE LLC

Assessed Value$7,113,600

Land Value$122,200

Building Value$6,991,400

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Potential programs

Saint Paul STAR Grants & LoansMedium

Saint Paul's Sales Tax Revitalization (STAR) program provides grants and loans for commercial, mixed-use, and neighborhood improvement projects. Applications accepted annually.

Saint Paul — STAR Program ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

23 permits on record since 2016 · $813K total declared value · Most recent: Jul 2024 (electrical)

ElectricalJul 2024Active/Issued

$2K

SETH HOLM HUNT ELECTRIC CORPORATION

Building PermitMay 2024Active/Issued

$17K

MN SMART HOMES LLC

Warm Air, Ventilation & General SheetDec 2023Inspected

$20K

PATRICK NICCUM ARCHITECT MECHANICAL

MechanicalDec 2023Inspected

$1K

Christopher Leonard ARMOR MECHANICAL LLC

Fire EngineeringApr 2023Finaled

—

JOHNSON CONTROLS FIRE PROTECTION LP

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

Neighborhood Profile

Summit-University Planning Council · Saint Paul

Median reported rent1,124/mo

Renter-occupied61.5%

Median home value$295K

Vacancy rate5.4%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 340

Zoning

RM2Medium-Density Multiple-Family Residential

Multi-family Residential 2 — medium-intensity apartment (5 stories max)

Typical Uses

·Mid-rise apartments
·Condominiums
·Assisted living
·Nursing homes

Max Height50 ft

Min Setbacks

Front

25 ft

Side

9 ft

Rear

25 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width207 ft

Buildable depth133 ft

Area~24,153 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 5-over-1 podium (12–50 units) benchmarks for 24,153 sqft buildable area.

Est. units

176

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
402 MARSHALL AVE	JACQUELINE MARIE ARNOLD	TWO FAMILY DWELLING - UP/DWN	$571,700	128 ft
0 ARUNDEL ST	420 MARSHALL AVE LLC	APARTMENT VACANT LAND	$83,800	158 ft
0 ARUNDEL ST	420 MARSHALL AVE LLC	APARTMENT VACANT LAND	$49,000	170 ft
222 ARUNDEL ST	420 MARSHALL AVE LLC	APARTMENT VACANT LAND	$41,000	172 ft
419 DAYTON AVE	NICHOLS LEE HOLDINGS LLC	APARTMENTS 4-6 RENTAL UNITS	$628,600	190 ft
425 DAYTON AVE 1	425D LLC	CONDO	$159,000	199 ft
425 DAYTON AVE 2	425D LLC	CONDO	$159,000	199 ft
425 DAYTON AVE 3	425D LLC	CONDO	$159,000	199 ft
425 DAYTON AVE 4	425D LLC	CONDO	$156,000	199 ft
425 DAYTON AVE 6	425D LLC	CONDO	$156,000	199 ft

Property History

Most Recent Sale

Date2022-05-12

Price$10,402,173

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount. See README for details on which sources are live vs. stubbed.