480 WABASHA ST S

PID: 082822220114· 2 fields stubbed (see below)

Property Overview

Parcel ID082822220114

Lot Size10,454 sq ft (0.260 ac)

Lot Dimensions (est.)60 ft wide × 48 ft deep

Year Built1908

Property ClassTWO FAMILY DWELLING - UP/DWN

OwnerJEFFREY M STURM TAMMY A STURM

Assessed Value$300,100

Land Value$31,100

Building Value$269,000

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 2018 · $2K total declared value · Most recent: Mar 2018 (plumbing)

PlumbingMar 2018Finaled

$2K

Tatjana Allen Noah Acquisitions LLC

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

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 width50 ft

Buildable depth8 ft

Area~2,725 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 small multifamily (2–4 units, wood frame) benchmarks for 2,725 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
472 WABASHA ST S	ANTHONY JAMES TEEHAN	SINGLE FAMILY DWELLING, PLATTED LOT	$299,300	60 ft
484 WABASHA ST S	BRADSHAW GROUP INC	COMMERCIAL VACANT LAND	$45,600	83 ft
0 HUMBOLDT AVE	1787 GRAND LLC	APARTMENT VACANT LAND	$117,600	101 ft
475 WABASHA ST S	THE TERRACES LLC	APARTMENTS 7-19 RENTAL UNITS	$1,506,000	162 ft
488 HUMBOLDT AVE	BRADSHAW GROUP INC	FUNERAL HOME	$915,700	176 ft
500 HUMBOLDT AVE	JEAN C FROEHLE	SINGLE FAMILY DWELLING, PLATTED LOT	$225,700	258 ft
508 HUMBOLDT AVE	1787 GRAND LLC	APARTMENTS 50-99 RENTAL UNITS	$6,254,200	263 ft
11 CONGRESS ST W	WILLIAM J CUSICK REBECCA M CUSICK	SINGLE FAMILY DWELLING, PLATTED LOT	$256,700	313 ft
15 WINIFRED ST W	NEIGHBORHOOD DEV ALLIANCE	EXEMPT, WELFARE/CHARIT FACILITY	$716,900	333 ft
7 CONGRESS ST W	JAMES C CULLINGTON MARGARET R CULLINGTON	SINGLE FAMILY DWELLING, PLATTED LOT	$254,700	343 ft

Property History

Most Recent Sale

Date2011-02-07

Price$130,000

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.