255 EATON ST

PID: 082822120112· 2 fields stubbed (see below)

Property Overview

Parcel ID082822120112

Lot Size139,392 sq ft (3.130 ac)

Lot Dimensions (est.)491 ft wide × 284 ft deep

Year Built2005

Property ClassFUNERAL HOME

OwnerL EATON PARTNERS LLC

Assessed Value$2,046,000

Land Value$975,700

Building Value$1,070,300

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

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 ↗

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

1 permit on record since 2017 · $4K total declared value · Most recent: Mar 2017 (billboard / sign)

Billboard / SignMar 2017Active/Issued

$4K

LISA MURPHY-SALVADOR 612 SIGNS

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 rent1,072/mo

Renter-occupied61.1%

Median home value$229K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 361

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 width491 ft

Buildable depth269 ft

Area~113,267 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 113,267 sqft buildable area.

Est. units

1132

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 EATON ST	JAMES K VANG	INDUSTRIAL, VACANT LAND	$4,600	196 ft
0 LAFAYETTE RD	JAMES K VANG	COMMERCIAL VACANT LAND	$134,400	278 ft
0 EATON ST	L EATON PARTNERS LLC	COMMERCIAL VACANT LAND	$12,500	296 ft
0 EATON ST	CITY OF ST PAUL	EXEMPT, VACANT LAND	$24,400	356 ft
0 EATON ST	EATON STREET LLC	INDUSTRIAL, VACANT LAND	$410,400	369 ft
0 DUNEDIN TER	CHICAGO NORTHWESTERN RY CO	RAILROAD REAL PROP USED IN OPERATION	$176,700	463 ft
246 EATON ST	SECURE MINI STORAGE LTD PTNSHP	MINI STORAGE/WAREHOUSE	$4,125,800	471 ft
320 FLORIDA ST	PORT AUTHORITY OF ST PAUL	EXEMPT PROP. OWNED BY PORT AUTHORITY	$614,100	497 ft
0 STATE ST	VIKING DRILL AND TOOL INC	INDUSTRIAL, VACANT LAND	$305,400	503 ft
0 UNASSIGNED	ST PAUL PUBLIC WORKS	EXEMPT, VACANT LAND	$155,500	549 ft

Property History

Most Recent Sale

Date2013-12-20

Price$300,000

Type—

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.