265 EXCHANGE ST S

PID: 062822230147· 2 fields stubbed (see below)

Property Overview

Parcel ID062822230147

Lot Size81,893 sq ft (1.880 ac)

Lot Dimensions (est.)432 ft wide × 189 ft deep

Year Built1872

Property ClassEXEMPT, CULTURAL AND NATURE EXHIBIT

OwnerMINNESOTA HISTORICAL SOCIETY

Assessed Value$1,843,400

Land Value$1,228,500

Building Value$614,900

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

1 permit on record since 2016 · $3K total declared value · Most recent: May 2016 (electrical)

ElectricalMay 2016Finaled

$3K

Mr Bryan Hayes Bakken Electric, LLC

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

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 width422 ft

Buildable depth149 ft

Area~59,013 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 59,013 sqft buildable area.

Est. units

431

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
307 WALNUT ST 2	MARIO VALDEZ BRADSHAW JANICE MARIE ROBINSON	CONDO	$152,200	151 ft
307 WALNUT ST 1	JORDAN D SISTO	CONDO	$166,600	151 ft
307 WALNUT ST 3	JORDAN SISTO	CONDO	$145,700	151 ft
307 WALNUT ST 4	KELSEY MENEHAN	CONDO	$166,600	151 ft
307 WALNUT ST 5	SAMANTHA MCBAIN	CONDO	$152,200	151 ft
307 WALNUT ST 6	EDEN NICOLE MOTTO	CONDO	$159,900	151 ft
310 SHERMAN ST	ART FARM INC	OFFICE BUILDING 1-2 STORIES	$489,700	172 ft
311 WALNUT ST	CHRISTOPHER D JOZWIAK ANDERS L CARLSON	TWO FAMILY DWELLING - UP/DWN	$524,000	194 ft
286 7TH ST W	286 REAL ESTATE HOLDINGS LLC	SMALL (UNDER 10,000 SF) DET. RETAIL	$257,400	201 ft
280 7TH ST W	280 REAL ESTATE HOLDINGS LLC	COMMERCIAL VACANT LAND	$420,300	256 ft

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.