471 BURGESS ST

PID: 252923310045· 3 fields stubbed (see below)

Property Overview

Parcel ID252923310045

Lot Size8,276 sq ft (0.180 ac)

Lot Dimensions (est.)60 ft wide × 138 ft deep

Year Built—(stub)

Property ClassINDUSTRIAL, VACANT LAND

OwnerMIKARO PROPERTIES LLC

Assessed Value$55,900

Land Value$55,900

Building Value$0

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

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 width60 ft

Buildable depth123 ft

Area~3,041 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 3,041 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
477 BURGESS ST	MIKARO PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$37,300	49 ft
481 BURGESS ST	MIKARO PROPERTIES LLC	IND WAREHOUSE	$1,175,100	128 ft
474 STINSON ST	ALYSSA HELMER	SINGLE FAMILY DWELLING, PLATTED LOT	$180,800	134 ft
476 STINSON ST	RODOLFO ROLDAN LUNA	SINGLE FAMILY DWELLING, PLATTED LOT	$245,200	143 ft
482 STINSON ST	MIKARO PROPERTIES LLC	RESIDENTIAL, VACANT LAND, LOT	$25,000	161 ft
486 STINSON ST	CHARLENE LEWIS	SINGLE FAMILY DWELLING, PLATTED LOT	$184,400	185 ft
472 BURGESS ST	MIKARO PROPERTIES LLC	IND WAREHOUSE	$206,000	194 ft
451 BURGESS ST	CITY OF ST PAUL	EXEMPT PROP. OWNED BY MUNICIPALS	$1,527,600	194 ft
0 BURGESS ST	MIKARO PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$37,100	200 ft
495 BURGESS ST	MIKARO PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$37,300	208 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.