495 BURGESS ST

PID: 252923310041· 3 fields stubbed (see below)

Property Overview

Parcel ID252923310041

Lot Size5,227 sq ft (0.120 ac)

Lot Dimensions (est.)41 ft wide × 127 ft deep

Year Built—(stub)

Property ClassINDUSTRIAL, VACANT LAND

OwnerMIKARO PROPERTIES LLC

Assessed Value$37,300

Land Value$37,300

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

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 width41 ft

Buildable depth112 ft

Area~1,069 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 sfr / adu benchmarks for 1,069 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
497 BURGESS ST	DIARA AUTO REPAIR LLC	IND WAREHOUSE	$458,100	40 ft
481 BURGESS ST	MIKARO PROPERTIES LLC	IND WAREHOUSE	$1,175,100	79 ft
924 MACKUBIN ST	ERIC R PETERSON	TWO FAMILY DWELLING - UP/DWN	$240,400	136 ft
490 STINSON ST	JOSE O RODRIGUEZ	SINGLE FAMILY DWELLING, PLATTED LOT	$186,400	141 ft
486 STINSON ST	CHARLENE LEWIS	SINGLE FAMILY DWELLING, PLATTED LOT	$184,400	156 ft
477 BURGESS ST	MIKARO PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$37,300	158 ft
499 BURGESS ST	THANH VAN PHAM HIEU T NGUYEN	MANUFACTURING AND ASSEMBLY LIGHT	$918,200	175 ft
482 STINSON ST	MIKARO PROPERTIES LLC	RESIDENTIAL, VACANT LAND, LOT	$25,000	180 ft
502 STINSON ST	PAUL J ADAM JEAN M ADAM	RESIDENTIAL, VACANT LAND, LOT	$5,500	201 ft
476 STINSON ST	RODOLFO ROLDAN LUNA	SINGLE FAMILY DWELLING, PLATTED LOT	$245,200	208 ft

Property History

Most Recent Sale

Date1994-04-01

Price$27,000

Type—

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.