1924 FORD PKWY

PID: 162823210106· 2 fields stubbed (see below)

Property Overview

Parcel ID162823210106

Lot Size13,068 sq ft (0.280 ac)

Lot Dimensions (est.)115 ft wide × 114 ft deep

Year Built1947

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerJOHNSON 1909 LLC

Assessed Value$878,700

Land Value$200,000

Building Value$678,700

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

1 permit on record since 2021 · Most recent: Aug 2021 (building permit)

Building PermitAug 2021Inspected

—

KEVIN HAUGTVEDT A PLUS WINDOWS

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 width105 ft

Buildable depth74 ft

Area~4,907 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 4,907 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
1936 FORD PKWY	GODLAND GROUP, LLC	APARTMENT VACANT LAND	$97,700	86 ft
1912 FORD PKWY	JOHNSON 1909 LLC	APARTMENTS 7-19 RENTAL UNITS	$878,700	111 ft
1919 HILLCREST AVE	WILLIAM P DICKEY KAREN R STEINER	SINGLE FAMILY DWELLING, PLATTED LOT	$757,300	122 ft
1929 HILLCREST AVE	LIAN-SUN LEE TR	SINGLE FAMILY DWELLING, PLATTED LOT	$578,600	125 ft
1936 FORD PKWY	GODLAND GROUP, LLC	APARTMENTS 20-49 RENTAL UNITS	$1,928,400	142 ft
1915 HILLCREST AVE	DAVID A HASSEL SARA L HASSEL	SINGLE FAMILY DWELLING, PLATTED LOT	$583,600	149 ft
1937 HILLCREST AVE	JOSEPH WHITE TR JEANNE A HANNAH WHITE TR	SINGLE FAMILY DWELLING, PLATTED LOT	$874,300	180 ft
1909 HILLCREST AVE	LINNEA FAHNESTOCK ERIK FAHNESTOCK	SINGLE FAMILY DWELLING, PLATTED LOT	$413,500	182 ft
1921 FORD PKWY	JOHNSON REALTY COMPANY LLC	APARTMENTS 7-19 RENTAL UNITS	$924,200	217 ft
1929 FORD PKWY	LYNN JOHNSON TR MITCHELL JOHNSON TR	APARTMENTS 7-19 RENTAL UNITS	$877,900	219 ft

Property History

Most Recent Sale

Date2022-07-19

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.