318 WATER ST W

PID: 072822210006· 2 fields stubbed (see below)

Property Overview

Parcel ID072822210006

Lot Size14,375 sq ft (0.330 ac)

Lot Dimensions (est.)169 ft wide × 85 ft deep

Year Built1971

Property ClassIND WAREHOUSE

OwnerTWIN CITY REFUSE RECYCLE INC

Assessed Value$575,800

Land Value$66,100

Building Value$509,700

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 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 width169 ft

Buildable depth70 ft

Area~8,035 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 8,035 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 WATER ST W	CITY OF ST PAUL	EXEMPT PROP. OWNED BY MUNICIPALS	$9,800	61 ft
0 WATER ST W	TWIN CITY REFUSE RECYCLE INC	COMMERCIAL VACANT LAND	$116,000	128 ft
336 WATER ST W	EMMETT C BOOKER PAMELA D BOOKER	IND WAREHOUSE	$634,600	292 ft
268 WATER ST W	AMERICAN SPRING WIRE CORP	MANUFACTURING AND ASSEMBLY LIGHT	$1,683,800	409 ft
350 WATER ST W	CITY OF ST PAUL	EXEMPT PROP. OWNED BY MUNICIPALS	$130,800	436 ft
284 CHEROKEE AVE	RAYMOND W BIERNAT TR	SINGLE FAMILY DWELLING, PLATTED LOT	$623,400	477 ft
292 CHEROKEE AVE	ROBERT COHANIM	SINGLE FAMILY DWELLING, PLATTED LOT	$553,400	503 ft
302 CHEROKEE AVE	LK GEMCO LLC	TWO FAMILY DWELLING - UP/DWN	$529,800	503 ft
308 CHEROKEE AVE	CAROLYN R MAIER	SINGLE FAMILY DWELLING, PLATTED LOT	$576,600	540 ft
420 OHIO ST	TAYLOR DOHMEN NADIA MAGALLON	SINGLE FAMILY DWELLING, PLATTED LOT	$916,500	559 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.