564 DRAKE ST

PID: 122823320011· 2 fields stubbed (see below)

Property Overview

Parcel ID122823320011

Lot Size448,232 sq ft (12.530 ac)

Lot Dimensions (est.)1107 ft wide × 405 ft deep

Year Built1965

Property ClassRAILROAD REAL PROP USED IN OPERATION

OwnerUNION PACIFIC RAILROAD COMPANY

Assessed Value$2,758,900

Land Value$2,689,100

Building Value$69,800

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

2 permits on record since 2015 · $230K total declared value · Most recent: Dec 2020 (mechanical)

MechanicalDec 2020Finaled

$5K

RON SPANDE RTS MECHANICAL LLC

Building PermitAug 2015Active/Issued

$225K

ANTHONY KOOP FPI PAVING CONTRACTORS, 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 rent1,380/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

I1Light Industrial

Light Industrial — low-impact manufacturing and warehousing

Typical Uses

·Light manufacturing
·Warehousing
·Bus/rail facilities
·Gun shops
·Food production

Max Height50 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 width1,107 ft

Buildable depth390 ft

Area~485,115 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 mid-rise concrete (50+ units) benchmarks for 485,115 sqft buildable area.

Est. units

4851

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
626 JUNO AVE	PATRICK M ONEILL	SINGLE FAMILY DWELLING, PLATTED LOT	$217,100	434 ft
590 RANDOLPH AVE	WARNERS OUTDOOR SOLUTIONS INC	AUTOMOTIVE SERVICE STATION	$616,000	514 ft
575 DRAKE ST	ARCHER DANIELS MIDLAND CO	INDUSTRIAL MINIMUM IMPROVEMENT	$4,739,300	517 ft
626 ARMSTRONG AVE	626 ST. PAUL STORAGE LLC	IND WAREHOUSE	$1,592,000	539 ft
501 DRAKE ST	DANIEL P BRUGGEMAN MARY T ROTHCHILD	MIXED RESID/COMMERCIAL	$586,500	550 ft
560 RANDOLPH AVE	FCC ENVIRONMENTAL SERVICES MINNESOTA LLC	IND WAREHOUSE	$2,958,400	554 ft
630 JUNO AVE	G MICHAEL LEITNER COLLEEN V LEITNER	OTHER COMMERCIAL STRUCTURE	$736,400	583 ft
637 JUNO AVE	JENA LYNN KOTTRA	SINGLE FAMILY DWELLING, PLATTED LOT	$217,800	608 ft
0 DRAKE ST	SOO LINE RAILROAD CO	INDUSTRIAL, VACANT LAND	$48,200	623 ft
0 RANDOLPH AVE	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$118,200	680 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.