0 RANKIN ST

PID: 222823210079· 3 fields stubbed (see below)

Property Overview

Parcel ID222823210079

Lot Size13,939 sq ft (0.330 ac)

Lot Dimensions (est.)239 ft wide × 58 ft deep

Year Built—(stub)

Property ClassRAILROAD REAL PROP USED IN OPERATION

OwnerSOO LINE RAILROAD CO

Assessed Value$42,400

Land Value$42,400

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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 width239 ft

Buildable depth43 ft

Area~7,067 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 7,067 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 UNASSIGNED	SOO LINE RAILROAD CO	RAILROAD REAL PROP USED IN OPERATION	$56,400	158 ft
2179 STEWART AVE	COLIN FITZGERALD NICOLE FITZGERALD	TWO FAMILY DWELLING - UP/DWN	$363,400	275 ft
2187 STEWART AVE	2187 STEWART LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$430,100	386 ft
1171 RANKIN ST	SCOTT N REHOVSKY	SINGLE FAMILY DWELLING, PLATTED LOT	$778,400	390 ft
2107 STEWART AVE	VAN PAPER SUPPLY COMPANY	IND WAREHOUSE	$5,811,200	408 ft
2162 STEWART AVE	2200 STEWART AVE LLC	TWO FAMILY DWELLING - SIDE/SIDE	$353,100	408 ft
2144 STEWART AVE	NORTHERN STATES POWER CO	COMM LD&IMPRO OWN BY PUB UTI TH RAIL	$933,900	437 ft
2176 STEWART AVE	JOSEPH G DEGRAND TR	SINGLE FAMILY DWELLING, PLATTED LOT	$246,700	441 ft
0 BENSON AVE	TENET EQUITY LP	INDUSTRIAL, VACANT LAND	$35,700	446 ft
2197 STEWART AVE	AIDAN HUTT	SINGLE FAMILY DWELLING, PLATTED LOT	$298,200	478 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.