507 CLEVELAND AVE S

PID: 082823410048· 3 fields stubbed (see below)

Property Overview

Parcel ID082823410048

Lot Size8,276 sq ft (0.200 ac)

Lot Dimensions (est.)66 ft wide × 64 ft deep

Year Built—(stub)

Property ClassRESIDENTIAL, VACANT LAND, LOT

OwnerNEXT 7TH PROPERTIES LLC

Assessed Value$156,500

Land Value$156,500

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

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 ↗

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

Permit History

1 permit on record since 2017 · $8K total declared value · Most recent: Feb 2017 (demolition)

DemolitionFeb 2017Finaled

$8K

RUDY EXCAVATING INC

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

Neighborhood Profile

Highland District Council · Saint Paul

Median reported rent1,197/mo

Renter-occupied39.4%

Median home value$456K

Vacancy rate9.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 430.01

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 width56 ft

Buildable depth24 ft

Area~2,284 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 2,284 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
503 CLEVELAND AVE S	COMO II LLC	APARTMENTS 7-19 RENTAL UNITS	$1,521,600	63 ft
2075 JUNO AVE	STEPHEN A LILLY	SINGLE FAMILY DWELLING, PLATTED LOT	$451,700	90 ft
2081 JUNO AVE	JACK MCTIGUE KATHRYN S MCTIGUE	SINGLE FAMILY DWELLING, PLATTED LOT	$534,200	139 ft
515 CLEVELAND AVE S	NILES FAMILY LTD PARTNERSHIP	APARTMENTS 7-19 RENTAL UNITS	$1,756,200	149 ft
2064 RANDOLPH AVE	WILLIAM A TRULSEN JOAN M TRULSEN	SINGLE FAMILY DWELLING, PLATTED LOT	$395,400	173 ft
2060 RANDOLPH AVE	DAMAST COLLABORATIVE LLC	RESTAURANT AND/OR BAR	$868,400	174 ft
2085 JUNO AVE	LAWRENCE E KIELKOPF	SINGLE FAMILY DWELLING, PLATTED LOT	$370,900	188 ft
2076 JUNO AVE	REID J WESTREM ROBYN C WESTREM	SINGLE FAMILY DWELLING, PLATTED LOT	$437,900	191 ft
2076 RANDOLPH AVE	THOMAS PROPERTIES OF MINNESOTA LLC	TWO FAMILY DWELLING - UP/DWN	$618,800	194 ft
2082 RANDOLPH AVE	ALYSSA MAHONEY	TWO FAMILY DWELLING - UP/DWN	$374,300	223 ft

Property History

Most Recent Sale

Date2015-07-09

Price$250,000

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.