345 RANDOLPH AVE UNIT 200

PID: 122823130009· 2 fields stubbed (see below)

Property Overview

Parcel ID122823130009

Lot Size1,742 sq ft (3.300 ac)

Lot Dimensions (est.)348 ft wide × 5 ft deep

Year Built2007

Property ClassCONDOMINIUM OFFICE UNIT

OwnerRIVER BEND VENTURE I LLC

Assessed Value$3,019,900

Land Value$400,000

Building Value$2,619,900

Annual Tax—(stub)

Environmental Constraints

FloodplainYes — Zone AE

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

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 ↗

Met Council Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.

Metro Council — Environmental Response Fund ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

3 permits on record since 2016 · $16K total declared value · Most recent: May 2016 (fire engineering)

Fire EngineeringMay 2016Finaled

—

Rich Poole VIKING AUTOMATIC SPRINKLER COMPANY

ElectricalMay 2016Finaled

$8K

Merit Electric Co

Building PermitApr 2016Active/Issued

$8K

REILING CONSTRUCTION CO 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 rent1,718/mo

Renter-occupied62.6%

Median home value$383K

Vacancy rate7.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 360

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 width348 ft

Buildable depth0 ft

Area~121,793 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 121,793 sqft buildable area.

Est. units

1217

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
345 RANDOLPH AVE 100	SERVICE EMPLOYEES INTERNATIONL	CONDOMINIUM OFFICE UNIT	$2,813,600	0 ft
0 JAMES AVE	UNION PACIFIC RAILROAD COMPANY	RAILROAD REAL PROP USED IN OPERATION	$146,600	216 ft
0 JAMES AVE	CITY OF ST PAUL	EXEMPT, VACANT LAND	$1,630,900	372 ft
0 UNASSIGNED	UNION PACIFIC RAILROAD COMPANY	RAILROAD REAL PROP USED IN OPERATION	$18,900	405 ft
355 RANDOLPH AVE	RIVER BEND VENTURE I LLC	FLEX COMMERCIAL CENTER	$9,144,500	420 ft
335 RANDOLPH AVE	RANDOLPH SQUARE LLC	OFFICE BUILDING 1-2 STORIES	$9,864,400	450 ft
325 RANDOLPH AVE	RIVER BEND VENTURE I LLC	FLEX INDUSTRIAL CENTER	$7,227,700	469 ft
0 UNASSIGNED	UNION PACIFIC RAILROAD COMPANY	RAILROAD REAL PROP USED IN OPERATION	$75,000	482 ft
0 UNASSIGNED	UNION PACIFIC RAILROAD COMPANY	RAILROAD REAL PROP USED IN OPERATION	$7,500	541 ft
0 UNASSIGNED	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$1,300	570 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.