955 MACKUBIN AVE

PID: 252923320001· 2 fields stubbed (see below)

Property Overview

Parcel ID252923320001

Lot Size10,019 sq ft (0.220 ac)

Lot Dimensions (est.)79 ft wide × 126 ft deep

Year Built2001

Property ClassOTHER INDUSTRIAL STRUCTURE

OwnerMH INTERNATIONAL LLC

Assessed Value$528,100

Land Value$68,500

Building Value$459,600

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 width79 ft

Buildable depth111 ft

Area~4,587 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 4,587 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
496 FRONT AVE	DU HAST SIEBEN LLC	APARTMENTS 7-19 RENTAL UNITS	$805,600	145 ft
503 STINSON ST	VG PROPERTIES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$177,000	145 ft
507 STINSON ST	DANMARK PROPERTIES	TWO FAMILY DWELLING - UP/DWN	$214,200	147 ft
522 FRONT AVE	GREENER PROPERTIES LLC	IND WAREHOUSE	$3,141,500	266 ft
502 STINSON ST	PAUL J ADAM JEAN M ADAM	RESIDENTIAL, VACANT LAND, LOT	$5,500	328 ft
512 STINSON ST	PAUL JOHN ADAM	IND WAREHOUSE	$433,900	333 ft
924 MACKUBIN ST	ERIC R PETERSON	TWO FAMILY DWELLING - UP/DWN	$240,400	362 ft
530 STINSON ST	DIAMOND T PROPERTIES NO 232 LLC	AUTOMOTIVE SERVICE STATION	$488,200	365 ft
481 FRONT AVE	ONEILL AND TEICHERT PROPERTIES LLC	IND WAREHOUSE	$2,064,100	374 ft
541 STINSON ST	VG PROPERTIES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$179,000	384 ft

Property History

Most Recent Sale

Date2020-07-31

Price$785,000

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.