1003 GRAND AVE

PID: 022823320013· 2 fields stubbed (see below)

Property Overview

Parcel ID022823320013

Lot Size7,405 sq ft (0.160 ac)

Lot Dimensions (est.)48 ft wide × 154 ft deep

Year Built1921

Property ClassAPARTMENTS 4-6 RENTAL UNITS

Owner1003 GRAND AVENUE LLC

Assessed Value$738,000

Land Value$80,000

Building Value$658,000

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Saint Paul — 4d Affordable Housing Incentive ↗

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

3 permits on record since 2015 · $17K total declared value · Most recent: Apr 2021 (building permit)

Building PermitApr 2021Finaled

$7K

JOHN L WRIGHT HOME DEPOT USA INC

MechanicalNov 2015Active/Issued

$500

JAMES BOEHM BOEHM HEATING CO

MechanicalNov 2015Active/Issued

$9K

JAMES BOEHM BOEHM HEATING CO

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

Neighborhood Profile

Summit Hill Association · Saint Paul

Median reported rent1,277/mo

Renter-occupied49.0%

Median home value$530K

Vacancy rate6.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 429

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 width38 ft

Buildable depth114 ft

Area~825 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 825 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1009 GRAND AVE	MICHAEL QUIGLEY CHRISTINA L QUIGLEY	SINGLE FAMILY DWELLING, PLATTED LOT	$596,400	44 ft
999 GRAND AVE	PARKWAY INVESTMENTS LLC	APARTMENTS 7-19 RENTAL UNITS	$1,066,300	55 ft
1015 GRAND AVE	JAGER REAL ESTATE HOLDINGS, LLC	APARTMENTS 4-6 RENTAL UNITS	$774,300	89 ft
995 GRAND AVE	DADDERS ESTATES LLC	APARTMENTS 7-19 RENTAL UNITS	$2,285,400	110 ft
1017 GRAND AVE	1017 GRAND LLC	APARTMENTS 4-6 RENTAL UNITS	$783,600	139 ft
985 GRAND AVE	CHEROKEE STATE BANK	FULL SERVICE BANK	$2,862,900	184 ft
1023 GRAND AVE	1023 GRAND ONE LLC 1023 GRAND TWO LLC	APARTMENTS 7-19 RENTAL UNITS	$1,018,200	195 ft
1004 GRAND AVE	INFINITY CORPORATION	APARTMENTS 4-6 RENTAL UNITS	$694,600	230 ft
990 SUMMIT AVE	ST PAUL BRANCH OF AMERICAN	LODGE, HALL, PRIV/SOCIAL CLUB	$2,243,100	231 ft
998 GRAND AVE	AMETHYST GRAND LLC	APARTMENTS 4-6 RENTAL UNITS	$651,300	233 ft

Property History

Most Recent Sale

Date2013-05-20

Price$475,000

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.