0 CHESTNUT ST

PID: 062822230157· 3 fields stubbed (see below)

Property Overview

Parcel ID062822230157

Lot Size54,450 sq ft (1.250 ac)

Lot Dimensions (est.)347 ft wide × 157 ft deep

Year Built—(stub)

Property ClassCOMMERCIAL VACANT LAND

OwnerTYCOON HOLDINGS LLC

Assessed Value$1,190,800

Land Value$1,190,800

Building Value$0

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 2020 · $12K total declared value · Most recent: May 2020 (building permit)

Building PermitMay 2020Active/Issued

$12K

MOIJTABA SHARIFKHANI

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 width337 ft

Buildable depth117 ft

Area~35,136 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 35,136 sqft buildable area.

Est. units

257

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 CHESTNUT ST	312 WALNUT STREET LLC	COMMERCIAL VACANT LAND	$20,700	80 ft
0 7TH ST W	242 7TH STREET LLC	COMMERCIAL VACANT LAND	$60,500	181 ft
312 WALNUT ST	312 WALNUT STREET LLC	COMMERCIAL VACANT LAND	$437,400	195 ft
292 WALNUT ST	DAVID A MCEACHERN TR	MANUFACTURING AND ASSEMBLY LIGHT	$1,456,400	200 ft
321 CHESTNUT ST	242 7TH STREET LLC	COMMERCIAL VACANT LAND	$64,800	209 ft
230 7TH ST W	242 7TH STREET LLC	COMMERCIAL VACANT LAND	$280,800	221 ft
240 7TH ST W	242 7TH STREET LLC	COMMERCIAL VACANT LAND	$280,800	228 ft
221 EXCHANGE ST S	CHESTNUT PARK LLC	FOOD AND DRINK PROCESS PLANT AND STGE	$1,162,800	229 ft
226 7TH ST W	WALTER G WESCOTT TR	MIXED RESID/COMMERCIAL	$414,400	258 ft
242 7TH ST W	242 7TH STREET LLC	RESTAURANT AND/OR BAR	$1,732,900	265 ft

Property History

Most Recent Sale

Date2017-05-25

Price$3,050,000

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount, yearBuilt. See README for details on which sources are live vs. stubbed.