188 PLATO BLVD

PID: 062822430060· 3 fields stubbed (see below)

Property Overview

Parcel ID062822430060

Lot Size56,628 sq ft (1.300 ac)

Lot Dimensions (est.)302 ft wide × 188 ft deep

Year Built—(stub)

Property ClassOFFICE BUILDING 1-2 STORIES

OwnerFORGING A SUSTAINABLE FUTURE, LLC

Assessed Value$2,504,300

Land Value$260,000

Building Value$2,244,300

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

16 permits on record since 2017 · $2.4M total declared value · Most recent: Sep 2024 (fence)

FenceSep 2024Finaled

$15K

JAY RANE SUPERIOR FENCE & RAIL OF ST PAUL

Fire EngineeringMay 2024Finaled

—

Doreen Scholl UHL COMPANY INC

ElectricalNov 2023Finaled

$5K

Doreen Scholl UHL COMPANY INC

MechanicalNov 2023Finaled

$500

RICK BINDER BINDER HEATING & A/C INC

Fire EngineeringSep 2023Finaled

—

FRONTIER FIRE PROTECTION

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 width302 ft

Buildable depth173 ft

Area~43,238 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 43,238 sqft buildable area.

Est. units

432

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
201 OHIO ST	SUSAN BROWN NOAH ANDERSON	MANUFACTURING AND ASSEMBLY LIGHT	$601,800	181 ft
0 WATER ST W	GEORGE C ALBERS	INDUSTRIAL, VACANT LAND	$50,100	247 ft
0 PLATO BLVD W	DPN PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$377,100	275 ft
200 PLATO BLVD W	GEORGE C ALBERS	MANUFACTURING AND ASSEMBLY LIGHT	$1,573,600	284 ft
215 OHIO ST	DAVID J CAMMACK	IND WAREHOUSE	$701,100	300 ft
0 OHIO ST	CITY BLUFFS LLC	INDUSTRIAL, VACANT LAND	$70,500	330 ft
185 PLATO BLVD W	185 PLATO LLC	IND WAREHOUSE	$1,260,400	332 ft
0 PLATO BLVD W	CITY OF ST PAUL	EXEMPT, VACANT LAND	$154,000	342 ft
218 OHIO ST	CITY BLUFFS LLC	MANUFACTURING AND ASSEMBLY LIGHT	$599,300	357 ft
185 PLATO BLVD W	185 PLATO LLC	IND WAREHOUSE	$932,700	389 ft

Property History

Most Recent Sale

Date2022-11-03

Price$1,325,000

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.