1615 FORD PKWY

PID: 162823110072· 2 fields stubbed (see below)

Property Overview

Parcel ID162823110072

Lot Size10,454 sq ft (0.240 ac)

Lot Dimensions (est.)93 ft wide × 113 ft deep

Year Built1950

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerJOHNSON REALTY COMPANY LLC MITCHELL JOHNSON PER REP

Assessed Value$1,014,600

Land Value$200,000

Building Value$814,600

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Saint Paul — 4d Affordable Housing Incentive ↗

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

3 permits on record since 2015 · $23K total declared value · Most recent: Apr 2019 (building permit)

Building PermitApr 2019Finaled

—

Chad Maki Terra Firma Estates Inc

MechanicalOct 2015Finaled

$12K

Doreen Scholl UHL COMPANY INC

MechanicalOct 2015Finaled

$12K

Doreen Scholl UHL COMPANY INC

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 rent1,138/mo

Renter-occupied30.2%

Median home value$436K

Vacancy rate2.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 375

Zoning

RM2Medium-Density Multiple-Family Residential

Multi-family Residential 2 — medium-intensity apartment (5 stories max)

Typical Uses

·Mid-rise apartments
·Condominiums
·Assisted living
·Nursing homes

Max Height50 ft

Min Setbacks

Front

25 ft

Side

9 ft

Rear

25 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width83 ft

Buildable depth73 ft

Area~3,770 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 3-story wood frame (5–12 units) benchmarks for 3,770 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1631 FORD PKWY	PARISH OF THE MESSIAH	EXEMPT, CHURCH, PUBLIC WORSHIP, PRIV	$1,722,300	126 ft
1616 PINEHURST AVE	PAMELA M GARTNER TR	SINGLE FAMILY DWELLING, PLATTED LOT	$589,200	139 ft
1603 FORD PKWY	JOHNSON REALTY COMPANY LLC MITCHELL JOHNSON PER REP	APARTMENTS 20-49 RENTAL UNITS	$1,972,700	140 ft
1622 PINEHURST AVE	JEFFERY S ANDRESEN JEAN E ANDRESEN	SINGLE FAMILY DWELLING, PLATTED LOT	$656,100	147 ft
1610 PINEHURST AVE	PAUL J NITTI	SINGLE FAMILY DWELLING, PLATTED LOT	$470,200	155 ft
1626 PINEHURST AVE	DENH C ALTMAN ARIEL M ALTMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$689,700	181 ft
1606 PINEHURST AVE	TANYA ROONEY MATTHEW ROONEY	SINGLE FAMILY DWELLING, PLATTED LOT	$368,900	186 ft
1600 FORD PKWY	PRESTIGE CITYWIDE LLC	APARTMENTS 20-49 RENTAL UNITS	$2,900,000	198 ft
1600 PINEHURST AVE	VANYA SUE HOGEN	SINGLE FAMILY DWELLING, PLATTED LOT	$884,600	221 ft
758 MACALESTER ST	ANN E UTOFT	SINGLE FAMILY DWELLING, PLATTED LOT	$498,500	224 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.