1140 HOMER ST

PID: 152823430016· 2 fields stubbed (see below)

Property Overview

Parcel ID152823430016

Lot Size101,930 sq ft (2.470 ac)

Lot Dimensions (est.)492 ft wide × 207 ft deep

Year Built1963

Property ClassIND WAREHOUSE

OwnerJOHNSON BROTHERS LIQUOR COMPANY

Assessed Value$3,063,100

Land Value$569,300

Building Value$2,493,800

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 2017 · $1K total declared value · Most recent: Mar 2017 (fire engineering)

Fire EngineeringMar 2017Finaled

—

USA SECURITY INC

ElectricalMar 2017Finaled

$1K

USA SECURITY 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 rent1,333/mo

Renter-occupied46.3%

Median home value$238K

Vacancy rate3.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 367

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 width492 ft

Buildable depth192 ft

Area~87,204 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 87,204 sqft buildable area.

Est. units

872

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1156 HOMER ST	KEYS PROPERTIES AND INVESTMENTS LLC	IND WAREHOUSE	$1,949,600	181 ft
0 STEWART AVE	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$66,700	282 ft
2006 BENSON AVE	JAMES S CARLSON	IND WAREHOUSE	$165,900	286 ft
2002 BENSON AVE	JAMES S CARLSON	AUTOMOTIVE SERVICE STATION	$237,900	294 ft
0 STEWART AVE	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$67,800	310 ft
2020 7TH ST W	FTRE HOLDINGS LLC	MANUFACTURING AND ASSEMBLY LIGHT	$3,182,100	315 ft
2000 BENSON AVE	JAMES S CARLSON	APARTMENTS 4-6 RENTAL UNITS	$412,600	336 ft
0 BENSON AVE	PAUL S AMIDON AND ASSOCIATES I	INDUSTRIAL, VACANT LAND	$35,900	379 ft
1105 HOMER ST	DIANE K CARUSO TR	IND WAREHOUSE	$1,283,900	391 ft
1984 BENSON AVE	PAUL S AMIDON AND ASSOCIATES I	INDUSTRIAL, VACANT LAND	$66,200	439 ft

Property History

Most Recent Sale

Date2007-05-23

Price$2,056,677

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.