488 OMAHA ST

PID: 122823310015· 3 fields stubbed (see below)

Property Overview

Parcel ID122823310015

Lot Size74,052 sq ft (1.630 ac)

Lot Dimensions (est.)364 ft wide × 203 ft deep

Year Built—(stub)

Property ClassEXEMPT, VACANT LAND

OwnerCITY OF ST PAUL CROSBY FARM

Assessed Value$333,200

Land Value$333,200

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainYes — Zone AE

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Public land opportunityHigh

Owned by City of Saint Paul — surplus sales, redevelopment programs, or land trust transfers may apply.

Ramsey County parcel ownership data ↗

Potential programs

City of Saint Paul — surplus propertyMedium

The City of Saint Paul and Ramsey County dispose of public parcels through surplus property programs; contact PED for current listings and community land trust opportunities.

Ramsey County — Housing & Redevelopment ↗

Ramsey County CDA housing programsMedium

The Ramsey County Community Development Agency offers deferred loan programs, multifamily financing, and affordable housing development assistance.

Ramsey County CDA ↗

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

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

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

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 width354 ft

Buildable depth183 ft

Area~59,624 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 59,624 sqft buildable area.

Est. units

132

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 UNASSIGNED	PORT AUTHORITY OF ST PAUL	EXEMPT, VACANT LAND	$25,500	214 ft
0 RANDOLPH AVE	PORT AUTHORITY OF ST PAUL	EXEMPT, VACANT LAND	$300	367 ft
0 RANDOLPH AVE	NORTHERN STATES POWER CO	INDUSTRIAL, VACANT LAND	$511,400	435 ft
0 RANDOLPH AVE	UNION PACIFIC RAILROAD COMPANY	RAILROAD REAL PROP USED IN OPERATION	$19,700	489 ft
475 RANDOLPH AVE	CITY OF ST PAUL	EXEMPT, VACANT LAND	$192,100	502 ft
0 UNASSIGNED	CHIC ST PAUL MPLS OMAHA RY	RAILROAD REAL PROP USED IN OPERATION	$23,300	585 ft
0 SHEPARD RD	NORTHERN STATES POWER CO	COMMERCIAL VACANT LAND	$184,700	606 ft
0 JAMES AVE	SUTTON PROPERTIES LLC	COMMERCIAL VACANT LAND	$27,000	628 ft
506 RANDOLPH AVE	ARCHER DANIELS MIDLAND	OFFICE BUILDING 1-2 STORIES	$1,934,900	656 ft
505 RANDOLPH AVE	SUTTON PROPERTIES LLC	IND WAREHOUSE	$815,800	695 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.