515 LEXINGTON PKWY S

PID: 102823410019· 2 fields stubbed (see below)

Property Overview

Parcel ID102823410019

Lot Size126,760 sq ft (2.890 ac)

Lot Dimensions (est.)483 ft wide × 262 ft deep

Year Built1966

Property ClassAPT OR COMPLEX 100+ UNITS

OwnerMONTCALM APARTMENTS LLC

Assessed Value$22,414,800

Land Value$2,390,000

Building Value$20,024,800

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

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

5 permits on record since 2019 · $82K total declared value · Most recent: May 2025 (elevating device)

Elevating DeviceMay 2025Finaled

$4K

OTIS ELEVATOR COMPANY

MechanicalApr 2023Inspected

$25K

JAYHAWK MECHANICAL INC

Warm Air, Ventilation & General SheetApr 2023Active/Issued

$3K

JAYHAWK MECHANICAL INC

Building PermitAug 2019Active/Issued

$50K

ROB VIERA VERIZON WIRELESS

PlumbingMar 2019Finaled

$800

BERNEY SALZER SALZER PLUMBING LLC

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

Neighborhood Profile

Highland District 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

RM3High-Rise Multiple-Family Residential

Multi-family Residential 3 — high-density apartment, no height limit

Typical Uses

·High-rise apartments
·Mixed-use residential
·Senior housing

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 width473 ft

Buildable depth222 ft

Area~94,438 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 94,438 sqft buildable area.

Est. units

944

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 MONTCALM PL	MONTCALM APARTMENTS LLC	APARTMENT VACANT LAND	$103,400	220 ft
0 MONTCALM PL	MONTCALM APARTMENTS LLC	APARTMENT VACANT LAND	$104,100	227 ft
0 MONTCALM PL	MONTCALM APARTMENTS LLC	APARTMENT VACANT LAND	$101,000	232 ft
539 LEXINGTON PKWY S	EMILY NOYES BRYAN CHEM	SINGLE FAMILY DWELLING, PLATTED LOT	$397,900	240 ft
546 MONTCALM PL	FREDERIC J ARGIR RACHELLE M ARGIR	SINGLE FAMILY DWELLING, PLATTED LOT	$833,000	241 ft
0 MONTCALM PL	MONTCALM APARTMENTS LLC	APARTMENT VACANT LAND	$103,400	249 ft
499 LEXINGTON PKWY S	THE LEX 1 LLC	APARTMENTS 50-99 RENTAL UNITS	$6,317,900	271 ft
0 MONTCALM PL	MONTCALM APARTMENTS LLC	APARTMENT VACANT LAND	$101,000	285 ft
545 LEXINGTON PKWY S	SIMON LUETH ERICA SWIFT	SINGLE FAMILY DWELLING, PLATTED LOT	$575,400	292 ft
1096 JUNO AVE	AJL PROPERTIES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$255,400	305 ft

Property History

Most Recent Sale

Date2011-06-14

Price$13,368,000

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.