475 GRIGGS ST S

PID: 102823130214· 2 fields stubbed (see below)

Property Overview

Parcel ID102823130214

Lot Size6,098 sq ft (0.140 ac)

Lot Dimensions (est.)50 ft wide × 122 ft deep

Year Built1959

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerGRIGGS Q LLC

Assessed Value$758,900

Land Value$140,000

Building Value$618,900

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 2021 · $30K total declared value · Most recent: Feb 2021 (mechanical)

MechanicalFeb 2021Active/Issued

$15K

GREGORY ROMAIN BURNOMATIC MOONEY & RIDLER

MechanicalFeb 2021Active/Issued

$15K

GREGORY ROMAIN BURNOMATIC MOONEY & RIDLER

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Macalester Groveland Community Council · Saint Paul

Median reported rent1,181/mo

Renter-occupied17.0%

Median home value$358K

Vacancy rate4.1%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 366

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 width40 ft

Buildable depth82 ft

Area~824 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 sfr / adu benchmarks for 824 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1227 RANDOLPH AVE	JURIS L PURINS	TWO FAMILY DWELLING - UP/DWN	$410,600	50 ft
1233 RANDOLPH AVE	LRH PROPERTIES LLC	APARTMENTS 4-6 RENTAL UNITS	$1,009,700	100 ft
1219 RANDOLPH AVE	JH PROPERTIES, LLC	MIXED RESID/COMMERCIAL	$575,700	110 ft
472 GRIGGS ST S	J & J CAPITAL LLC	AUTOMOTIVE SERVICE STATION	$412,400	111 ft
457 GRIGGS ST S	NAOMI R MARX	SINGLE FAMILY DWELLING, PLATTED LOT	$387,300	121 ft
1213 RANDOLPH AVE	KVASNIK PROPERTIES I LLC	MIXED RESID/COMMERCIAL	$482,000	149 ft
1239 RANDOLPH AVE	REUBEN MORALES ANNE MORALES	SINGLE FAMILY DWELLING, PLATTED LOT	$330,500	150 ft
1230 JAMES AVE	HEIDI IONE FAHNING	SINGLE FAMILY DWELLING, PLATTED LOT	$304,100	172 ft
1218 JAMES AVE	KATHLEEN CROSWELL	SINGLE FAMILY DWELLING, PLATTED LOT	$254,500	178 ft
453 GRIGGS ST S	SETH NOBLE CINDY K NOBLE	SINGLE FAMILY DWELLING, PLATTED LOT	$377,900	182 ft

Property History

Most Recent Sale

Date2019-10-15

Price$760,000

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.