2008 GRAND AVE

PID: 042823320051· 2 fields stubbed (see below)

Property Overview

Parcel ID042823320051

Lot Size12,197 sq ft (0.280 ac)

Lot Dimensions (est.)81 ft wide × 151 ft deep

Year Built1925

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerDLM 2008 GA LLC

Assessed Value$2,104,000

Land Value$400,000

Building Value$1,704,000

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

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

Neighborhood Profile

Macalester Groveland Community Council · Saint Paul

Median reported rent1,151/mo

Renter-occupied43.9%

Median home value$510K

Vacancy rate22.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 349

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 width71 ft

Buildable depth111 ft

Area~4,411 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 3-story wood frame (5–12 units) benchmarks for 4,411 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2002 GRAND AVE	2002 GA LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$435,900	60 ft
2014 GRAND AVE	2014 GA LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$322,500	60 ft
1998 GRAND AVE	MICHAEL BECKSTRAND KATHERINE BECKSTRAND	SINGLE FAMILY DWELLING, PLATTED LOT	$417,100	100 ft
2018 GRAND AVE	PAMELA M CHAPDELAINE	SINGLE FAMILY DWELLING, PLATTED LOT	$349,700	101 ft
1996 GRAND AVE	JAMES J MCCORMICK HELEN K MCCORMICK	SINGLE FAMILY DWELLING, PLATTED LOT	$283,400	139 ft
2020 GRAND AVE	EUGENE J KLEE SARA H KLEE	SINGLE FAMILY DWELLING, PLATTED LOT	$306,100	141 ft
2013 LINCOLN AVE	RICHARD LACHIAN THOMPSON	SINGLE FAMILY DWELLING, PLATTED LOT	$319,600	171 ft
2009 LINCOLN AVE	THOMAS W MANGAN GRACE M MANGAN	SINGLE FAMILY DWELLING, PLATTED LOT	$352,600	172 ft
2017 LINCOLN AVE	ROBERT D BINGER TR ANN E BOEKHOFF TR	SINGLE FAMILY DWELLING, PLATTED LOT	$519,800	180 ft
1990 GRAND AVE	SUSIE PARK	TOWNHOME - GARAGE ONLY	$36,700	181 ft

Property History

Most Recent Sale

Date2000-06-16

Price$650,000

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.