520 GRACE ST

PID: 122823220125· 2 fields stubbed (see below)

Property Overview

Parcel ID122823220125

Lot Size23,522 sq ft (0.540 ac)

Lot Dimensions (est.)186 ft wide × 126 ft deep

Year Built1970

Property ClassIND WAREHOUSE

OwnerWESLEY A SALMONSEN

Assessed Value$610,100

Land Value$285,400

Building Value$324,700

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

5 permits on record since 2018 · $43K total declared value · Most recent: Sep 2022 (electrical)

ElectricalSep 2022Finaled

$15K

Todd Rask VINCO INC

Building PermitSep 2022Finaled

$20K

Steve Huseby VINCO INC

ElectricalJun 2022Finaled

$5K

MATT CINA PREMISE INC

Warm Air, Ventilation & General SheetOct 2018Finaled

$2K

GREG WALSH THOMAS FINN COMPANY

Building PermitOct 2018Finaled

—

GREG WALSH THOMAS FINN COMPANY

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 rent1,380/mo

Renter-occupied50.6%

Median home value$234K

Vacancy rate7.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 369

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 width186 ft

Buildable depth111 ft

Area~14,402 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 5-over-1 podium (12–50 units) benchmarks for 14,402 sqft buildable area.

Est. units

105

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
526 GRACE ST	MALCOLM Y CURRIE	SINGLE FAMILY DWELLING, PLATTED LOT	$356,900	136 ft
312 ERIE ST	MALCOLM Y CURRIE	RESIDENTIAL, VACANT LAND, LOT	$40,000	140 ft
316 ERIE ST	CHELSIE M ZOLLER MARK A ZOLLER	SINGLE FAMILY DWELLING, PLATTED LOT	$360,400	160 ft
322 ERIE ST	BENJAMIN N OSIGWE MERCY OSIGWE	SINGLE FAMILY DWELLING, PLATTED LOT	$342,400	189 ft
0 UNASSIGNED	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$122,400	195 ft
287 DUKE ST	ERIC J NESVOLD	SINGLE FAMILY DWELLING, PLATTED LOT	$223,700	241 ft
288 ERIE ST	AUSTIN TYLER FRYE	TWO FAMILY DWELLING - UP/DWN	$386,300	278 ft
281 DUKE ST	TIMOTHY R BRIGHT KARI M BRIGHT	SINGLE FAMILY DWELLING, PLATTED LOT	$294,200	291 ft
332 DUKE ST	JUAN ADRIAN NYSTROM	SINGLE FAMILY DWELLING, PLATTED LOT	$151,400	292 ft
0 GRACE ST	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$56,500	297 ft

Property History

Most Recent Sale

Date1998-09-30

Price$110,000

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.