868 PALACE AVE

PID: 112823240128· 2 fields stubbed (see below)

Property Overview

Parcel ID112823240128

Lot Size5,227 sq ft (0.120 ac)

Lot Dimensions (est.)40 ft wide × 128 ft deep

Year Built1915

Property ClassSINGLE FAMILY DWELLING, PLATTED LOT

OwnerBRIDGE SFR IV SEED BORROWER, LLC

Assessed Value$211,300

Land Value$40,000

Building Value$171,300

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

4 permits on record since 2022 · $8K total declared value · Most recent: Sep 2022 (building permit)

Building PermitSep 2022Finaled

—

TRUE BLUE CONSTRUCTION SERVICES LLC

MechanicalMar 2022Active/Issued

$3K

PAUL REILAND METRO HEATING AND COOLING LLC

Warm Air, Ventilation & General SheetMar 2022Active/Issued

$3K

PAUL REILAND METRO HEATING AND COOLING LLC

PlumbingJan 2022Finaled

$2K

SHAWN GAGNON NEW CENTURY SYSTEMS INC

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 rent1,333/mo

Renter-occupied46.3%

Median home value$238K

Vacancy rate3.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 367

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 width30 ft

Buildable depth108 ft

Area~2,200 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 2,200 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
866 PALACE AVE	CUBBY LLC	TWO FAMILY DWELLING - UP/DWN	$321,300	39 ft
870 PALACE AVE	GLYNN MURPHY TRACI LEE NIGON	SINGLE FAMILY DWELLING, PLATTED LOT	$288,200	40 ft
862 PALACE AVE	OWEN D KRUEGER TR JANICE E KRUEGER TR	TWO FAMILY DWELLING - UP/DWN	$249,200	79 ft
878 PALACE AVE	MARIEL SHEA MCMARLIN CHARLES ROBERT KRUEGER	SINGLE FAMILY DWELLING, PLATTED LOT	$312,100	80 ft
882 PALACE AVE	DAVID STROHKIRCH	SINGLE FAMILY DWELLING, PLATTED LOT	$458,000	119 ft
871 JAMES AVE	ROCHELLE G AMACHER	SINGLE FAMILY DWELLING, PLATTED LOT	$402,400	147 ft
875 JAMES AVE	JOHN T BROST DENISE M BROST	SINGLE FAMILY DWELLING, PLATTED LOT	$273,900	153 ft
867 JAMES AVE	MICAH JOHNSON	SINGLE FAMILY DWELLING, PLATTED LOT	$246,000	153 ft
886 PALACE AVE	ALLISON M TIGHE	SINGLE FAMILY DWELLING, PLATTED LOT	$320,900	159 ft
863 JAMES AVE	KEVIN SEAN ARP	SINGLE FAMILY DWELLING, PLATTED LOT	$324,400	167 ft

Property History

Most Recent Sale

Date2022-11-18

Price—

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.