563 CLEVELAND AVE S

PID: 082823410140· 2 fields stubbed (see below)

Property Overview

Parcel ID082823410140

Lot Size16,988 sq ft (0.390 ac)

Lot Dimensions (est.)124 ft wide × 137 ft deep

Year Built1949

Property ClassAPARTMENTS 20-49 RENTAL UNITS

OwnerCOMO II LLC

Assessed Value$3,284,700

Land Value$640,000

Building Value$2,644,700

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Saint Paul — 4d Affordable Housing Incentive ↗

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

2 permits on record since 2020 · $3K total declared value · Most recent: Sep 2020 (warm air, ventilation & general sheet)

Warm Air, Ventilation & General SheetSep 2020Active/Issued

$3K

Kailyn Carson RAYCO CONSTRUCTION INC

Building PermitSep 2020Inspected

—

Kailyn Carson RAYCO CONSTRUCTION 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 width114 ft

Buildable depth97 ft

Area~8,062 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 8,062 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2075 WATSON AVE	PETER RAY JENNA REISER RAY	SINGLE FAMILY DWELLING, PLATTED LOT	$330,100	102 ft
2064 NILES AVE	PAUL ZENNER LORRI STEFFEN	APARTMENTS 20-49 RENTAL UNITS	$1,964,900	136 ft
2079 WATSON AVE	RACHEL ANDERSON BENJAMIN ANDERSON	SINGLE FAMILY DWELLING, PLATTED LOT	$422,800	142 ft
575 CLEVELAND AVE S	PHYLLIS M K SMITH	APARTMENTS 7-19 RENTAL UNITS	$1,090,000	166 ft
2076 NILES AVE	JOHN ZIMMERMAN ANNE-MARIE ZIMMERMAN	SINGLE FAMILY W/ACCESSORY UNIT	$518,700	173 ft
2083 WATSON AVE	MARY F SCHURB	SINGLE FAMILY DWELLING, PLATTED LOT	$606,800	184 ft
2080 NILES AVE	ANN C BOTKIN	SINGLE FAMILY DWELLING, PLATTED LOT	$329,200	199 ft
2076 WATSON AVE	SHAWN B GAVIN	SINGLE FAMILY DWELLING, PLATTED LOT	$447,600	217 ft
2089 WATSON AVE	MARK LEE STACI LEE	SINGLE FAMILY DWELLING, PLATTED LOT	$504,100	228 ft
2084 NILES AVE	KARL D JOHNSON	SINGLE FAMILY DWELLING, PLATTED LOT	$421,500	228 ft

Property History

Most Recent Sale

Date2013-01-17

Price$3,700,000

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.