924 MACKUBIN ST

PID: 252923310039· 2 fields stubbed (see below)

Property Overview

Parcel ID252923310039

Lot Size10,890 sq ft (0.250 ac)

Lot Dimensions (est.)80 ft wide × 135 ft deep

Year Built1884

Property ClassTWO FAMILY DWELLING - UP/DWN

OwnerERIC R PETERSON

Assessed Value$240,400

Land Value$25,000

Building Value$215,400

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

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

1 permit on record since 2023 · Most recent: Jun 2023 (building permit)

Building PermitJun 2023Finaled

—

Casey Jensen GRAND EXTERIORS INC

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

North End Neighborhood Organization · Saint Paul

Median reported rent1,003/mo

Renter-occupied44.2%

Median home value$166K

Vacancy rate4.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 313

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 width80 ft

Buildable depth120 ft

Area~5,243 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 5,243 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
490 STINSON ST	JOSE O RODRIGUEZ	SINGLE FAMILY DWELLING, PLATTED LOT	$186,400	60 ft
486 STINSON ST	CHARLENE LEWIS	SINGLE FAMILY DWELLING, PLATTED LOT	$184,400	99 ft
502 STINSON ST	PAUL J ADAM JEAN M ADAM	RESIDENTIAL, VACANT LAND, LOT	$5,500	126 ft
497 BURGESS ST	DIARA AUTO REPAIR LLC	IND WAREHOUSE	$458,100	136 ft
495 BURGESS ST	MIKARO PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$37,300	136 ft
482 STINSON ST	MIKARO PROPERTIES LLC	RESIDENTIAL, VACANT LAND, LOT	$25,000	139 ft
481 BURGESS ST	MIKARO PROPERTIES LLC	IND WAREHOUSE	$1,175,100	167 ft
476 STINSON ST	RODOLFO ROLDAN LUNA	SINGLE FAMILY DWELLING, PLATTED LOT	$245,200	178 ft
512 STINSON ST	PAUL JOHN ADAM	IND WAREHOUSE	$433,900	205 ft
499 BURGESS ST	THANH VAN PHAM HIEU T NGUYEN	MANUFACTURING AND ASSEMBLY LIGHT	$918,200	207 ft

Property History

Most Recent Sale

Date2018-07-13

Price$161,000

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.