0 VERSAILLES AVE

PID: 092822330024· 3 fields stubbed (see below)

Property Overview

Parcel ID092822330024

Lot Size43,124 sq ft (0.620 ac)

Lot Dimensions (est.)194 ft wide × 222 ft deep

Year Built—(stub)

Property ClassRAILROAD REAL PROP USED IN OPERATION

OwnerMIDWESTERN RR PROP INC

Assessed Value$129,700

Land Value$129,700

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 width194 ft

Buildable depth207 ft

Area~7,324 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 3-story wood frame (5–12 units) benchmarks for 7,324 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
0 VERSAILLES AVE	PORT AUTHORITY OF ST PAUL	EXEMPT, VACANT LAND	$331,100	147 ft
0 VERSAILLES AVE	MIDWESTERN RR PROP INC	RAILROAD REAL PROP USED IN OPERATION	$113,100	304 ft
0 UNASSIGNED	C G W RY CO	RAILROAD REAL PROP USED IN OPERATION	$686,100	327 ft
0 CONCORD ST	ST PAUL PW CONCORD CENTER	EXEMPT, VACANT LAND	$935,300	393 ft
0 BARGE CHANNEL RD	PORT AUTHORITY OF ST PAUL	EXEMPT, VACANT LAND	$6,300	426 ft
607 BARGE CHANNEL RD	MUDEK HOLDINGS LLC	IND WAREHOUSE	$886,200	524 ft
696 CONCORD ST	MARCUS A CHRISTENSEN	SINGLE FAMILY DWELLING, PLATTED LOT	$163,600	583 ft
712 CONCORD ST	COLLEEN CHARPENTIER	SINGLE FAMILY DWELLING, PLATTED LOT	$267,800	608 ft
710 CONCORD ST	RAFAEL RIVERA GODOY NADIA MENDOZA RIVERA	SINGLE FAMILY DWELLING, PLATTED LOT	$336,800	608 ft
714 CONCORD ST	THERESA M MARX	SINGLE FAMILY DWELLING, PLATTED LOT	$212,700	640 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.