740 MISSISSIPPI RIVER BLVD S

PID: 172823210001· 2 fields stubbed (see below)

Property Overview

Parcel ID172823210001

Lot Size74,923 sq ft (1.600 ac)

Lot Dimensions (est.)294 ft wide × 255 ft deep

Year Built1961

Property ClassAPT OR COMPLEX 100+ UNITS

OwnerWIRV 740 LLC

Assessed Value$23,872,100

Land Value$3,260,000

Building Value$20,612,100

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

10 permits on record since 2015 · $341K total declared value · Most recent: Mar 2024 (electrical)

ElectricalMar 2024Finaled

$600

CAL-TEX ELECTRIC INC

PlumbingOct 2022Finaled

$2K

GARY PODANY Podany Plumbing Inc.

MechanicalAug 2022Finaled

$236K

Shawn Berger METROPOLITAN MECH CONTRACTORS

Elevating DeviceDec 2021Finaled

$15K

KONE INC

ElectricalNov 2020Finaled

$3K

CAL-TEX ELECTRIC 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 rent1,197/mo

Renter-occupied39.4%

Median home value$456K

Vacancy rate9.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 430.01

Zoning

RM3High-Rise Multiple-Family Residential

Multi-family Residential 3 — high-density apartment, no height limit

Typical Uses

·High-rise apartments
·Mixed-use residential
·Senior housing

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 width284 ft

Buildable depth215 ft

Area~49,993 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 49,993 sqft buildable area.

Est. units

499

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
735 WOODLAWN AVE	WOODLAWN LLP	APARTMENTS 7-19 RENTAL UNITS	$1,514,300	214 ft
2294 HIGHLAND PKWY	WOODLAWN LLP	APARTMENTS 20-49 RENTAL UNITS	$2,816,000	224 ft
2315 HIGHLAND PKWY	2315 HIGHLAND PARKWAY, LLC	ASSISTED LIVING APT COMPLEX	$714,000	262 ft
750 MISSISSIPPI RIVER BLVD S	KEYSTONE COMMUNITIES HIGHLAND PARK LLC	APT OR COMPLEX 100+ UNITS	$14,915,000	279 ft
717 WOODLAWN AVE	DANIEL BECKER	SINGLE FAMILY DWELLING, PLATTED LOT	$530,800	316 ft
711 WOODLAWN AVE	WENDY GRIVER MICHAEL A NEURER	SINGLE FAMILY DWELLING, PLATTED LOT	$356,500	358 ft
2284 HIGHLAND PKWY	DLM 2284 HP LLC	APARTMENTS 20-49 RENTAL UNITS	$2,727,100	371 ft
706 MISSISSIPPI RIVER BLVD S 102	DONEDA APTS LLC	APARTMENTS 7-19 RENTAL UNITS	$1,700,800	377 ft
0 UNASSIGNED	CITY OF ST PAUL	EXEMPT, VACANT LAND	$93,500	390 ft
707 WOODLAWN AVE	BONITA J BENSON TR	SINGLE FAMILY DWELLING, PLATTED LOT	$576,400	410 ft

Property History

Most Recent Sale

Date2009-02-06

Price$20,809,000

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.