581 GRAND AVE

PID: 012823320053· 3 fields stubbed (see below)

Property Overview

Parcel ID012823320053

Lot Size0 sq ft (0.170 ac)

Lot Dimensions (est.)50 ft wide × 150 ft deep

Year Built—(stub)

Property ClassCONDO VACANT LAND

OwnerNORMAN A MASTBAUM

Assessed Value$100

Land Value$100

Building Value$0

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

No permits found in Saint Paul open data for this parcel.

Neighborhood Profile

Summit Hill Association · Saint Paul

Median reported rent1,151/mo

Renter-occupied49.5%

Median home value$404K

Vacancy rate10.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 358

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 width40 ft

Buildable depth110 ft

Area~1,054 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 sfr / adu benchmarks for 1,054 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value
581 GRAND AVE R-7	PAUL MASTBAUM	CONDO	$145,400
581 GRAND AVE	NORMAN A MASTBAUM	CONDO VACANT LAND	$100
581 GRAND AVE R-1	PAUL MASTBAUM	CONDO	$145,400
581 GRAND AVE R-3	PAUL MASTBAUM	CONDO	$145,400
581 GRAND AVE	NORMAN A MASTBAUM	CONDO VACANT LAND	$100
581 GRAND AVE R-2	PAUL MASTBAUM	CONDO	$144,100
581 GRAND AVE R-4	PAUL MASTBAUM	CONDO	$144,100
581 GRAND AVE R-5	PAUL MASTBAUM	CONDO	$243,500
581 GRAND AVE R-6	PAUL MASTBAUM	CONDO	$144,100
581 GRAND AVE	NORMAN A MASTBAUM	CONDO VACANT LAND	$100

Property History

Most Recent Sale

Date1991-01-18

Price$195,000

Type—

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