111 LEXINGTON PKWY S

PID: 032823410117· 2 fields stubbed (see below)

Property Overview

Parcel ID032823410117

Lot Size6,970 sq ft (0.150 ac)

Lot Dimensions (est.)50 ft wide × 54 ft deep

Year Built1914

Property ClassTWO FAMILY DWELLING - UP/DWN

OwnerBRAD KNUTSON

Assessed Value$531,300

Land Value$96,400

Building Value$434,900

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

5 permits on record since 2016 · $20K total declared value · Most recent: Jul 2018 (warm air, ventilation & general sheet)

Warm Air, Ventilation & General SheetJul 2018Finaled

$50

Robert Gerten

Building PermitJul 2018Active/Issued

$6K

Robert Gerten

ElectricalJul 2018Inspected

$4K

PRO WIRE ELECTRIC LLC

Building PermitMay 2018Inspected

$10K

Robert Gerten

Warm Air, Ventilation & General SheetJul 2016Finaled

$150

RYAN VAIL FAIRCON SERVICE COMPANY

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 rent1,149/mo

Renter-occupied40.7%

Median home value$426K

Vacancy rate7.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 353

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 depth14 ft

Area~1,051 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 1,051 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
115 LEXINGTON PKWY S	JAMES W ADAMS TR	SINGLE FAMILY DWELLING, PLATTED LOT	$323,400	49 ft
105 LEXINGTON PKWY S	ALEXIS J HURKMAN KAYLYNN RASCHKE	SINGLE FAMILY DWELLING, PLATTED LOT	$562,900	51 ft
1117 GOODRICH AVE	DIANE ZIDEL WOLFSON	TWO FAMILY DWELLING - UP/DWN	$472,800	85 ft
1121 GOODRICH AVE CONDO 1-2	BRENT FREDRICKSON ALLISON FREDRICKSON	CONDO	$542,800	126 ft
1123 GOODRICH AVE	DANIEL B BROWN LESLIE G HACKETT	TWO FAMILY DWELLING - UP/DWN	$468,200	165 ft
1097 GOODRICH AVE	LARRY D KUENSTER TAMARA H KUENSTER	APARTMENTS 4-6 RENTAL UNITS	$770,900	170 ft
93 LEXINGTON PKWY S	LINCOLN COURT 1 LLC LINCOLN COURT 2 LLC	APARTMENTS 20-49 RENTAL UNITS	$3,297,600	174 ft
1116 LINCOLN AVE	BKSFUN, LLC	TWO FAMILY DWELLING - UP/DWN	$467,100	194 ft
1129 GOODRICH AVE	CURTIS C GILBERT ANN M BAXTER	SINGLE FAMILY DWELLING, PLATTED LOT	$622,600	205 ft
1120 LINCOLN AVE	PHUONG BAILEY MARC BAILEY	THREE FAMILY DWELLING, PLATTED LOT	$701,900	215 ft

Property History

Most Recent Sale

Date2022-04-04

Price$560,000

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.