0 UNASSIGNED

PID: 092822230012· 3 fields stubbed (see below)

Property Overview

Parcel ID092822230012

Lot Size3,920 sq ft (0.550 ac)

Lot Dimensions (est.)284 ft wide × 14 ft deep

Year Built—(stub)

Property ClassRAILROAD REAL PROP USED IN OPERATION

OwnerMIDWESTERN RR PROP INC

Assessed Value$12,000

Land Value$12,000

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainYes — Zone AE

WetlandsPresent (~100% 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

No permits found in Saint Paul open data for this parcel.

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

I2General Industrial

General Industrial — medium-intensity manufacturing and processing

Typical Uses

·Manufacturing
·Wholesale trade
·Freight terminals
·Salvage yards
·Breweries

Max Height75 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 width284 ft

Buildable depth0 ft

Area~14,404 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 14,404 sqft buildable area.

Est. units

105

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 UNASSIGNED	MIDWESTERN RR PROP INC	RAILROAD REAL PROP USED IN OPERATION	$32,700	171 ft
551 BARGE CHANNEL RD	GREAT WESTERN RECYC IND INC	IND WAREHOUSE	$1,045,000	447 ft
0 CONCORD ST	CRI AND P RY CO	RAILROAD REAL PROP USED IN OPERATION	$156,800	497 ft
0 CONCORD ST	CITY OF ST PAUL	EXEMPT, VACANT LAND	$108,500	533 ft
521 BARGE CHANNEL RD	GREAT WESTERN RECYC IND INC	IND WAREHOUSE	$4,235,100	694 ft
565 BARGE CHANNEL RD	REMACKEL COMPANIES LLC	INDUSTRIAL MINIMUM IMPROVEMENT	$882,500	793 ft
0 ANDREW ST	GREAT WESTERN RECYC IND INC	INDUSTRIAL, VACANT LAND	$562,000	893 ft
0 EATON ST	METROPOLITAN AIRPORTS COMM	EXEMPT PROP. ST PAUL AIRPORT AND MAC	$75,100	994 ft
0 UNASSIGNED	MPLS ST PAUL MET AIRPORTS COM	EXEMPT PROP. ST PAUL AIRPORT AND MAC	$35,938,600	2,893 ft

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.