0 UNASSIGNED

PID: 092822220008· 2 fields stubbed (see below)

Property Overview

Parcel ID092822220008

Lot Size1,197,900 sq ft (31.410 ac)

Lot Dimensions (est.)2718 ft wide × 441 ft deep

Year Built1999

Property ClassEXEMPT PROP. OWNED BY MUNICIPALS

OwnerMETROPOLITAN AIRPORTS COMM

Assessed Value$3,550,900

Land Value$2,743,600

Building Value$807,300

Annual Tax—(stub)

Environmental Constraints

FloodplainYes — Zone AE

WetlandsPresent (~5% coverage)

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

8 permits on record since 2016 · $317K total declared value · Most recent: Apr 2019 (electrical)

ElectricalApr 2019Active/Issued

$8K

MASTER ELECTRIC CO INC

Building PermitApr 2019Inspected

$60K

Dave McDowall ETTEL & FRANZ ROOFING

PlumbingMar 2019Finaled

$30K

LARRY BREDAHL BREDAHL PLUMBING INC

MechanicalMar 2019Active/Issued

$71K

G R MECHANICAL PLBG & HTG

MechanicalMar 2019Active/Issued

$71K

G R MECHANICAL PLBG & HTG

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 width2,718 ft

Buildable depth426 ft

Area~1,225,540 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 1,225,540 sqft buildable area.

Est. units

12255

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 UNASSIGNED	MPLS ST PAUL MET AIRPORTS COM	EXEMPT PROP. ST PAUL AIRPORT AND MAC	$35,938,600	497 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.