682 GRAND AVE

PID: 022823410162· 2 fields stubbed (see below)

Property Overview

Parcel ID022823410162

Lot Size9,148 sq ft (0.210 ac)

Lot Dimensions (est.)121 ft wide × 76 ft deep

Year Built1919

Property ClassAPARTMENTS 20-49 RENTAL UNITS

Owner682 GRAND AVE LLC

Assessed Value$2,415,900

Land Value$500,000

Building Value$1,915,900

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

5 permits on record since 2015 · $49K total declared value · Most recent: Feb 2021 (plumbing)

PlumbingFeb 2021Finaled

$5K

RICHARD PETERSON CITIES 1 PLUMBING AND HEATING INC

PlumbingFeb 2021Finaled

$5K

RICHARD PETERSON CITIES 1 PLUMBING AND HEATING INC

ElectricalFeb 2021Finaled

$5K

PERFORMANCE ELECTRICAL CONTRACTING LLC

Building PermitJan 2021Finaled

$30K

SCOTT NELSON

Building PermitJul 2015Finaled

$4K

Kailyn Carson RAYCO CONSTRUCTION INC

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 width111 ft

Buildable depth36 ft

Area~2,949 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 small multifamily (2–4 units, wood frame) benchmarks for 2,949 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
61 ST ALBANS ST S	61 ST ALBANS LLC	APARTMENTS 7-19 RENTAL UNITS	$1,428,500	75 ft
694 GRAND AVE	ABE APPERT	APARTMENTS 4-6 RENTAL UNITS	$738,000	88 ft
696 GRAND AVE	696 GRAND LLC	APARTMENTS 7-19 RENTAL UNITS	$675,400	125 ft
670 GRAND AVE	GEORGES REALTY LLC	SMALL (UNDER 10,000 SF) DET. RETAIL	$1,559,700	170 ft
62 ST ALBANS ST S A	ETTORE GIAMBETTI	CONDO	$327,800	187 ft
62 ST ALBANS ST S B	CARLA J HAGEN LEROY N SORENSON	CONDO	$327,800	187 ft
62 ST ALBANS ST S D	MATTHEW H FENNACY	CONDO	$327,800	187 ft
62 ST ALBANS ST S E	DANIEL HOHMANN	CONDO	$327,800	187 ft
62 ST ALBANS ST S C	BRUCE E JOHNSON	CONDO	$327,800	187 ft
62 ST ALBANS ST S F	CHRISTOPHER MILLS ISETT	CONDO	$327,800	187 ft

Property History

Most Recent Sale

Date2000-01-27

Price$900,000

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.