307 WALNUT ST 5

PID: 062822230059· 2 fields stubbed (see below)

Property Overview

Parcel ID062822230059

Lot Size871 sq ft (0.240 ac)

Lot Dimensions (est.)163 ft wide × 5 ft deep

Year Built1900

Property ClassCONDO

OwnerSAMANTHA MCBAIN

Assessed Value$152,200

Land Value$1,000

Building Value$151,200

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

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 ↗

Met Council Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.

Metro Council — Environmental Response Fund ↗

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

West 7th St / Fort Road Federation · Saint Paul

Median reported rent1,718/mo

Renter-occupied62.6%

Median home value$383K

Vacancy rate7.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 360

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 width153 ft

Buildable depth0 ft

Area~2,496 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,496 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
307 WALNUT ST 1	JORDAN D SISTO	CONDO	$166,600	0 ft
307 WALNUT ST 2	MARIO VALDEZ BRADSHAW JANICE MARIE ROBINSON	CONDO	$152,200	0 ft
307 WALNUT ST 3	JORDAN SISTO	CONDO	$145,700	0 ft
307 WALNUT ST 4	KELSEY MENEHAN	CONDO	$166,600	0 ft
307 WALNUT ST 6	EDEN NICOLE MOTTO	CONDO	$159,900	0 ft
311 WALNUT ST	CHRISTOPHER D JOZWIAK ANDERS L CARLSON	TWO FAMILY DWELLING - UP/DWN	$524,000	53 ft
270 7TH ST W	270 7TH STREET WEST LLC	COMMERCIAL VACANT LAND	$367,200	133 ft
265 EXCHANGE ST S	MINNESOTA HISTORICAL SOCIETY	EXEMPT, CULTURAL AND NATURE EXHIBIT	$1,843,400	151 ft
280 7TH ST W	280 REAL ESTATE HOLDINGS LLC	COMMERCIAL VACANT LAND	$420,300	168 ft
262 7TH ST W	R&R CAPITAL INVESTMENTS LLC	MIXED RESID/COMMERCIAL	$1,338,200	174 ft

Property History

Most Recent Sale

Date2019-05-13

Price$122,900

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.