450 DAYTON AVE 1

PID: 012823210401· 2 fields stubbed (see below)

Property Overview

Parcel ID012823210401

Lot Size871 sq ft (0.160 ac)

Lot Dimensions (est.)60 ft wide × 14 ft deep

Year Built1880

Property ClassCONDO

OwnerMICHAEL P NIGON

Assessed Value$159,500

Land Value$1,000

Building Value$158,500

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

4 permits on record since 2020 · $25K total declared value · Most recent: Dec 2023 (building permit)

Building PermitDec 2023Finaled

$22K

MARK SCHROEDER J & M CONCRETE & WATERPROOFING INC

MechanicalNov 2020Active/Issued

$1K

DAVID SMITH ST PAUL PLBG & HTG CO - MSP PLBG

MechanicalNov 2020Active/Issued

$2K

DAVID SMITH ST PAUL PLBG & HTG CO - MSP PLBG

ElectricalNov 2020Finaled

$315

STEVE FRANEK Powerhouse Electric Inc

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 width50 ft

Buildable depth0 ft

Area~1,505 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 small multifamily (2–4 units, wood frame) benchmarks for 1,505 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
450 DAYTON AVE 5	MICHAEL NIGON	CONDO	$221,000	0 ft
450 DAYTON AVE 3	SCOTT M EVANS	CONDO	$155,900	0 ft
450 DAYTON AVE 4	MICHAEL P NIGON	CONDO	$159,500	0 ft
450 DAYTON AVE 2	MICHAEL NIGON	CONDO	$159,500	0 ft
446 DAYTON AVE 3	BRIAN BURKE	CONDO	$154,200	57 ft
446 DAYTON AVE 1	CAREY SHUNSKIS	CONDO	$195,900	57 ft
446 DAYTON AVE 2	LOSAM LOSAY PROPERTIES LLC	CONDO	$176,600	57 ft
442 DAYTON AVE	MITCHELL E RUBINSTEIN S P RUBINSTEIN	SINGLE FAMILY DWELLING, PLATTED LOT	$583,100	107 ft
464 DAYTON AVE 1	TIFFANY E ANDERSON	CONDO	$276,900	112 ft
464 DAYTON AVE 2	MICHAEL L HAHN	CONDO	$275,600	112 ft

Property History

Most Recent Sale

Date2017-05-17

Price$111,000

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.