200 PLATO BLVD W

PID: 062822430027· 2 fields stubbed (see below)

Property Overview

Parcel ID062822430027

Lot Size57,935 sq ft (1.380 ac)

Lot Dimensions (est.)376 ft wide × 154 ft deep

Year Built1971

Property ClassMANUFACTURING AND ASSEMBLY LIGHT

OwnerGEORGE C ALBERS

Assessed Value$1,573,600

Land Value$289,300

Building Value$1,284,300

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

2 permits on record since 2017 · $2K total declared value · Most recent: Dec 2019 (fire engineering)

Fire EngineeringDec 2019Finaled

—

MARK GERLACH XCEL ENERGY

MechanicalMay 2017Active/Issued

$2K

CHARLES ALBERS ALBERS MECHANICAL CONTRACTORS INC

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

Neighborhood Profile

West Side Community Organization · Saint Paul

Median reported rent879/mo

Renter-occupied54.2%

Median home value$242K

Vacancy rate9.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 371

Zoning

I1Light Industrial

Light Industrial — low-impact manufacturing and warehousing

Typical Uses

·Light manufacturing
·Warehousing
·Bus/rail facilities
·Gun shops
·Food production

Max Height50 ft

Min Setbacks

Front

0 ft

Side

0 ft (6 ft if adj. residential)

Rear

0 ft (6 ft if adj. residential)

Development Potential

Setbacks

Front15 ft

Side (each)0 ft

Rear0 ft

Estimated Buildable Footprint

Buildable width376 ft

Buildable depth139 ft

Area~45,445 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 mid-rise concrete (50+ units) benchmarks for 45,445 sqft buildable area.

Est. units

454

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 WATER ST W	GEORGE C ALBERS	INDUSTRIAL, VACANT LAND	$50,100	113 ft
201 OHIO ST	SUSAN BROWN NOAH ANDERSON	MANUFACTURING AND ASSEMBLY LIGHT	$601,800	230 ft
215 OHIO ST	DAVID J CAMMACK	IND WAREHOUSE	$701,100	254 ft
188 PLATO BLVD	FORGING A SUSTAINABLE FUTURE, LLC	OFFICE BUILDING 1-2 STORIES	$2,504,300	284 ft
207 WATER ST W	STATE OF MN TRUST EXEMPT	EXEMPT PROP. OWNED BY STATE OF MN	$120,300	334 ft
252 WATER ST	AMERICAN SPRING WIRE CORP	OFFICE BUILDING 1-2 STORIES	$3,158,000	359 ft
185 PLATO BLVD W	185 PLATO LLC	IND WAREHOUSE	$932,700	481 ft
218 OHIO ST	CITY BLUFFS LLC	MANUFACTURING AND ASSEMBLY LIGHT	$599,300	486 ft
185 PLATO BLVD W	185 PLATO LLC	IND WAREHOUSE	$1,260,400	502 ft
0 OHIO ST	CITY BLUFFS LLC	INDUSTRIAL, VACANT LAND	$70,500	519 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.