1963 GRAND AVE

PID: 042823320178· 2 fields stubbed (see below)

Property Overview

Parcel ID042823320178

Lot Size22,651 sq ft (0.510 ac)

Lot Dimensions (est.)150 ft wide × 152 ft deep

Year Built1917

Property ClassTHREE FAMILY DWELLING, PLATTED LOT

OwnerBENEGAS PROPERTIES, LLC

Assessed Value$1,356,800

Land Value$362,600

Building Value$994,200

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

3 permits on record since 2019 · $2K total declared value · Most recent: Jul 2020 (electrical)

ElectricalJul 2020Finaled

$450

Xavier Haro HARO ELECTRIC SOLUTIONS INC

ElectricalApr 2020Finaled

$800

MERCURY ELECTRIC CORPORATION

ElectricalMar 2019Finaled

$500

MERCURY ELECTRIC CORPORATION

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

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 width140 ft

Buildable depth112 ft

Area~11,856 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 5-over-1 podium (12–50 units) benchmarks for 11,856 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
1947 GRAND AVE	SAINT THOMAS APARTMENTS LLC	APARTMENTS 20-49 RENTAL UNITS	$1,972,400	99 ft
1967 GRAND AVE	3745 MINNEHAHA, LLC	APARTMENTS 20-49 RENTAL UNITS	$2,150,700	123 ft
1941 GRAND AVE	JUDITH ANN THOMAS	SMALL (UNDER 10,000 SF) DET. RETAIL	$780,700	145 ft
1954 SUMMIT AVE	KATE BAXTER-KAUF MICHAEL BAXTER-KAUF	SINGLE FAMILY DWELLING, PLATTED LOT	$631,400	195 ft
1977 GRAND AVE	ST PAULS OUTREACH INC	RES/EXEMPT SINGLE FAMILY DWELLING	$540,300	197 ft
1950 SUMMIT AVE	LARRY D STARNS MARY BETH CARLSON STARNS	SINGLE FAMILY DWELLING, PLATTED LOT	$776,500	201 ft
1960 SUMMIT AVE	SUSAN OMALLEY KOSEL TR	SINGLE FAMILY DWELLING, PLATTED LOT	$726,000	203 ft
1964 SUMMIT AVE	CRAIG RANDALL MILLER	SINGLE FAMILY DWELLING, PLATTED LOT	$526,100	228 ft
1944 SUMMIT AVE	JODY NEUMAN AAMLIE CRAIG AAMLIE	SINGLE FAMILY DWELLING, PLATTED LOT	$656,500	229 ft
1954 GRAND AVE	FREDERICK W THORNE III	APARTMENTS 20-49 RENTAL UNITS	$2,460,100	230 ft

Property History

Most Recent Sale

Date2022-09-27

Price—

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.