2152 7TH ST W

PID: 152823340012· 2 fields stubbed (see below)

Property Overview

Parcel ID152823340012

Lot Size10,019 sq ft (0.470 ac)

Lot Dimensions (est.)164 ft wide × 61 ft deep

Year Built1958

Property ClassMOTEL AND TOURIST CABIN

OwnerISHVARBHAI M BHAKTA TR MANUBEN I BHAKTA TR

Assessed Value$746,500

Land Value$148,500

Building Value$598,000

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

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 ↗

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

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

Permit History

4 permits on record since 2022 · $16K total declared value · Most recent: Jul 2024 (plumbing)

PlumbingJul 2024Finaled

$2K

Mr ISAIAH COKER IKE'S PLUMBING & DRAIN CLEANING INC

Building PermitApr 2024Active/Issued

$5K

BEST PRICE SIDING

Building PermitMay 2022Finaled

$7K

BHAVESH BHAKTA

Building PermitMay 2022Finaled

$3K

PHILLIP SIMON

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Highland District Council · Saint Paul

Median reported rent1,037/mo

Renter-occupied89.3%

Median home value$214K

Vacancy rate11.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 376.03

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 width164 ft

Buildable depth46 ft

Area~12,462 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 12,462 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2176 7TH ST W	PERKINS PROPERTIES LLC	RESTAURANT AND/OR BAR	$879,700	138 ft
0 BENSON AVE	TENET EQUITY LP	INDUSTRIAL, VACANT LAND	$259,000	194 ft
0 BENSON AVE	TENET EQUITY LP	INDUSTRIAL, VACANT LAND	$35,700	290 ft
2186 7TH ST W	SLAPSTICK LLC	TWO FAMILY DWELLING - SIDE/SIDE	$270,800	290 ft
2140 7TH ST W	TENET EQUITY LP	MANUFACTURING AND ASSEMBLY LIGHT	$5,101,900	320 ft
2190 7TH ST W	ST PAUL PUBLIC HOUSING AGENCY	RES/EXEMPT SINGLE FAMILY DWELLING	$210,100	336 ft
1115 RANKIN ST	EDWARDS FAMILY RE II LLC	APARTMENTS 7-19 RENTAL UNITS	$1,605,600	364 ft
2196 7TH ST W	WORKU G BELAY ABBY E KEBEDE	SINGLE FAMILY W/ACCESSORY UNIT	$299,100	389 ft
2179 BENSON AVE	THOMAS E ANDERSON LYNNE M MADER	RESIDENTIAL, OTHER	$40,400	436 ft
2200 7TH ST W	ROZELLA ORR	SINGLE FAMILY DWELLING, PLATTED LOT	$259,900	446 ft

Property History

Most Recent Sale

Date2024-10-29

Price—

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.