0 VERSAILLES AVE

PID: 092822340008· 3 fields stubbed (see below)

Property Overview

Parcel ID092822340008

Lot Size37,897 sq ft (0.890 ac)

Lot Dimensions (est.)236 ft wide × 161 ft deep

Year Built—(stub)

Property ClassRAILROAD REAL PROP USED IN OPERATION

OwnerMIDWESTERN RR PROP INC

Assessed Value$113,100

Land Value$113,100

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 width236 ft

Buildable depth146 ft

Area~24,877 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 24,877 sqft buildable area.

Est. units

248

Yield on cost

2.6%

Spread

-2.9%

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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	259 ft
0 VERSAILLES AVE	MIDWESTERN RR PROP INC	RAILROAD REAL PROP USED IN OPERATION	$129,700	304 ft
0 CONCORD ST	ST PAUL PW CONCORD CENTER	EXEMPT, VACANT LAND	$935,300	417 ft
780 BARGE CHANNEL RD	PORT AUTHORITY OF ST PAUL	IND WAREHOUSE	$1,534,600	448 ft
0 VERSAILLES AVE	UNION PACIFIC RAILROAD COMPANY	RAILROAD REAL PROP USED IN OPERATION	$119,800	466 ft
0 VERSAILLES AVE	MIDWESTERN RR PROP INC	RAILROAD REAL PROP USED IN OPERATION	$168,300	481 ft
0 UNASSIGNED	C G W RY CO	RAILROAD REAL PROP USED IN OPERATION	$686,100	491 ft
736 CONCORD ST	BPH HOLDINGS INC	SINGLE FAMILY DWELLING, PLATTED LOT	$230,800	520 ft
714 CONCORD ST	THERESA M MARX	SINGLE FAMILY DWELLING, PLATTED LOT	$212,700	536 ft
712 CONCORD ST	COLLEEN CHARPENTIER	SINGLE FAMILY DWELLING, PLATTED LOT	$267,800	555 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.