0 BENSON AVE

PID: 152823340015· 3 fields stubbed (see below)

Property Overview

Parcel ID152823340015

Lot Size3,049 sq ft (0.080 ac)

Lot Dimensions (est.)104 ft wide × 29 ft deep

Year Built—(stub)

Property ClassINDUSTRIAL, VACANT LAND

OwnerTENET EQUITY LP

Assessed Value$35,700

Land Value$35,700

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

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

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 width104 ft

Buildable depth14 ft

Area~294 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 294 sqft buildable area.

Est. units

Yield on cost

8.7%

Spread

+3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 BENSON AVE	TENET EQUITY LP	INDUSTRIAL, VACANT LAND	$259,000	98 ft
1115 RANKIN ST	EDWARDS FAMILY RE II LLC	APARTMENTS 7-19 RENTAL UNITS	$1,605,600	202 ft
2176 7TH ST W	PERKINS PROPERTIES LLC	RESTAURANT AND/OR BAR	$879,700	245 ft
2179 BENSON AVE	THOMAS E ANDERSON LYNNE M MADER	RESIDENTIAL, OTHER	$40,400	275 ft
2186 7TH ST W	SLAPSTICK LLC	TWO FAMILY DWELLING - SIDE/SIDE	$270,800	286 ft
2152 7TH ST W	ISHVARBHAI M BHAKTA TR MANUBEN I BHAKTA TR	MOTEL AND TOURIST CABIN	$746,500	290 ft
2140 7TH ST W	TENET EQUITY LP	MANUFACTURING AND ASSEMBLY LIGHT	$5,101,900	306 ft
2190 7TH ST W	ST PAUL PUBLIC HOUSING AGENCY	RES/EXEMPT SINGLE FAMILY DWELLING	$210,100	312 ft
2185 BENSON AVE	LOUISE M WILLS TR	SINGLE FAMILY DWELLING, PLATTED LOT	$259,600	333 ft
2196 7TH ST W	WORKU G BELAY ABBY E KEBEDE	SINGLE FAMILY W/ACCESSORY UNIT	$299,100	347 ft

Property History

Most Recent Sale

Date2022-12-05

Price$8,500,000

Type—

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.