0 STEWART AVE

PID: 152823430018· 3 fields stubbed (see below)

Property Overview

Parcel ID152823430018

Lot Size40,946 sq ft (1.020 ac)

Lot Dimensions (est.)372 ft wide × 110 ft deep

Year Built—(stub)

Property ClassRAILROAD REAL PROP USED IN OPERATION

OwnerSOO LINE RAILROAD CO

Assessed Value$122,300

Land Value$122,300

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsPresent (~78% coverage)

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

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 width372 ft

Buildable depth95 ft

Area~28,726 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 28,726 sqft buildable area.

Est. units

287

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2107 STEWART AVE	VAN PAPER SUPPLY COMPANY	IND WAREHOUSE	$5,811,200	176 ft
1145 HOMER ST	JOHNSON BROTHERS LIQUOR CO	AUTOMOTIVE SERVICE STATION	$2,761,700	262 ft
2063 STEWART AVE	VAN PAPER SUPPLY COMPANY	INDUSTRIAL, VACANT LAND	$43,500	271 ft
0 UNASSIGNED	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$66,000	321 ft
0 UNASSIGNED	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$56,400	326 ft
2067 SHEPARD RD	SPIEGLER TR	APARTMENTS 20-49 RENTAL UNITS	$3,839,900	422 ft
2061 SHEPARD RD	SPIEGLER TR	APARTMENTS 20-49 RENTAL UNITS	$3,839,900	449 ft
2140 7TH ST W	TENET EQUITY LP	MANUFACTURING AND ASSEMBLY LIGHT	$5,101,900	462 ft
0 RANKIN ST	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$42,400	483 ft
1205 HOMER ST	RTK LLC	CONVENIENCE STORE	$602,200	527 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.