420 SHEPARD RD

PID: 012823440103· 3 fields stubbed (see below)

Property Overview

Parcel ID012823440103

Lot Size331,492 sq ft (4.860 ac)

Lot Dimensions (est.)760 ft wide × 436 ft deep

Year Built—(stub)

Property ClassCOMM LD&IMPRO OWN BY PUB UTI TH RAIL

OwnerNORTHERN STATES POWER CO

Assessed Value$1,492,400

Land Value$1,492,400

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainYes — Zone AE

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

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 ↗

Met Council Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.

Metro Council — Environmental Response Fund ↗

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

West 7th St / Fort Road Federation · Saint Paul

Median reported rent1,718/mo

Renter-occupied62.6%

Median home value$383K

Vacancy rate7.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 360

Zoning

I2General Industrial

General Industrial — medium-intensity manufacturing and processing

Typical Uses

·Manufacturing
·Wholesale trade
·Freight terminals
·Salvage yards
·Breweries

Max Height75 ft

Min Setbacks

Front

0 ft

Side

0 ft (6 ft if adj. residential)

Rear

0 ft (6 ft if adj. residential)

Development Potential

Setbacks

Front15 ft

Side (each)0 ft

Rear0 ft

Estimated Buildable Footprint

Buildable width760 ft

Buildable depth421 ft

Area~178,229 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 mid-rise concrete (50+ units) benchmarks for 178,229 sqft buildable area.

Est. units

1782

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 SHEPARD RD W	CITY OF ST PAUL	EXEMPT, VACANT LAND	$1,377,300	264 ft
0 UNASSIGNED	UNION PACIFIC RAILROAD COMPANY	RAILROAD REAL PROP USED IN OPERATION	$195,000	509 ft
0 UNASSIGNED	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$5,700	559 ft
0 UNASSIGNED	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$105,000	586 ft
155 RANDOLPH AVE	NORTHERN STATES POWER CO	COMM LD&IMPRO OWN BY PUB UTI TH RAIL	$39,629,700	625 ft
0 UNASSIGNED	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$186,100	648 ft
275 CLIFF ST	MARILYN JONES	TWO FAMILY DWELLING - UP/DWN	$297,200	665 ft
283 SUPERIOR ST	EMK HOLDING CO LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$230,600	687 ft
277 CLIFF ST	CURTIS WAGNER	SINGLE FAMILY DWELLING, PLATTED LOT	$207,000	688 ft
0 UNASSIGNED	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$399,200	1,211 ft

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.