408 BAY ST

PID: 112823140111· 2 fields stubbed (see below)

Property Overview

Parcel ID112823140111

Lot Size5,663 sq ft (0.130 ac)

Lot Dimensions (est.)45 ft wide × 45 ft deep

Year Built1925

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerMARY LORENTINE MOLLNER

Assessed Value$396,200

Land Value$40,000

Building Value$356,200

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

3 permits on record since 2018 · $5K total declared value · Most recent: Oct 2022 (building permit)

Building PermitOct 2022Finaled

—

LINDUS CONSTRUCTION

Building PermitSep 2020Finaled

—

Suzanne Long GLADSTONES WINDOW AND DOOR STORE

Building PermitOct 2018Finaled

$5K

Suzanne Long GLADSTONES WINDOW AND DOOR STORE

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

Neighborhood Profile

West 7th St / Fort Road Federation · Saint Paul

Median reported rent1,036/mo

Renter-occupied18.0%

Median home value$258K

Vacancy rate7.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 368

Zoning

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 ft

Min Setbacks

Front

10 ft

Side

5 ft

Rear

10 ft

Development Potential

Setbacks

Front10 ft

Side (each)5 ft

Rear10 ft

Estimated Buildable Footprint

Buildable width35 ft

Buildable depth25 ft

Area~2,647 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 small multifamily (2–4 units, wood frame) benchmarks for 2,647 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
414 BAY ST	BYRON L EVANS	TWO FAMILY DWELLING - UP/DWN	$337,500	45 ft
416 BAY ST	SHAWN M COSTANDINE	SINGLE FAMILY DWELLING, PLATTED LOT	$261,600	90 ft
402 BAY ST	COLIN R DOWNING	SINGLE FAMILY DWELLING, PLATTED LOT	$263,000	110 ft
407 ARBOR ST	MARK P HAYES SHEILA E HAYES	SINGLE FAMILY DWELLING, PLATTED LOT	$267,200	125 ft
411 ARBOR ST	MARY J RYAN	SINGLE FAMILY DWELLING, PLATTED LOT	$296,200	133 ft
422 BAY ST	JOLENE S ZAFKE	SINGLE FAMILY DWELLING, PLATTED LOT	$212,700	134 ft
398 BAY ST	CHRISTOPHER J CRUZ	SINGLE FAMILY DWELLING, PLATTED LOT	$210,600	150 ft
415 ARBOR ST	MAX BUELL	TWO FAMILY DWELLING - UP/DWN	$334,300	154 ft
399 ARBOR ST	DAVID T HUBER	SINGLE FAMILY DWELLING, PLATTED LOT	$266,500	170 ft
428 BAY ST	ROBERT FREDERICK VANCE III	SINGLE FAMILY DWELLING, PLATTED LOT	$345,200	179 ft

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.