0 SHEPARD RD

PID: 122823310012· 3 fields stubbed (see below)

Property Overview

Parcel ID122823310012

Lot Size50,965 sq ft (1.170 ac)

Lot Dimensions (est.)387 ft wide × 132 ft deep

Year Built—(stub)

Property ClassCOMMERCIAL VACANT LAND

OwnerNORTHERN STATES POWER CO

Assessed Value$184,700

Land Value$184,700

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainYes — Zone AE

WetlandsPresent (~100% coverage)

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

No permits found in Saint Paul open data for this parcel.

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

H1Residential

Residential — small-scale multi-unit housing (up to 4 units)

Typical Uses

·Single-family homes
·Duplexes
·Triplexes
·4-unit buildings

Max Height35 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 width377 ft

Buildable depth112 ft

Area~40,146 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 40,146 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 RANDOLPH AVE	NORTHERN STATES POWER CO	INDUSTRIAL, VACANT LAND	$511,400	221 ft
0 UNASSIGNED	CITY OF SAINT PAUL REAL ESTATE SECTION	APARTMENT VACANT LAND	$47,000	229 ft
0 UNASSIGNED	CITY OF SAINT PAUL REAL ESTATE SECTION	APARTMENT VACANT LAND	$182,800	383 ft
380 RANDOLPH AVE	SC WATERFORD BAY LLC	APT OR COMPLEX 100+ UNITS	$45,362,600	408 ft
0 RANDOLPH AVE	PORT AUTHORITY OF ST PAUL	EXEMPT, VACANT LAND	$300	409 ft
0 UNASSIGNED	PORT AUTHORITY OF ST PAUL	EXEMPT, VACANT LAND	$25,500	496 ft
488 OMAHA ST	CITY OF ST PAUL CROSBY FARM	EXEMPT, VACANT LAND	$333,200	606 ft
0 UNASSIGNED	SC OZ WATERFORD BAY LLC	APARTMENT VACANT LAND	$119,300	700 ft
0 UNASSIGNED	CITY OF SAINT PAUL REAL ESTATE SECTION	APARTMENT VACANT LAND	$99,300	700 ft

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount, yearBuilt. See README for details on which sources are live vs. stubbed.