551 TOPPING ST

PID: 252923320110· 2 fields stubbed (see below)

Property Overview

Parcel ID252923320110

Lot Size23,087 sq ft (0.540 ac)

Lot Dimensions (est.)175 ft wide × 132 ft deep

Year Built1961

Property ClassIND WAREHOUSE

OwnerGLOBAL STORAGE LLC

Assessed Value$1,169,600

Land Value$138,600

Building Value$1,031,000

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 width175 ft

Buildable depth117 ft

Area~15,067 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 5-over-1 podium (12–50 units) benchmarks for 15,067 sqft buildable area.

Est. units

110

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
541 TOPPING ST	MAURO CASTRO GARCIA	SINGLE FAMILY DWELLING, PLATTED LOT	$208,500	106 ft
552 BURGESS ST	KER YANG	SINGLE FAMILY DWELLING, PLATTED LOT	$228,800	135 ft
558 BURGESS ST	LISA VANG YANG	SINGLE FAMILY DWELLING, PLATTED LOT	$217,400	145 ft
550 COMO AVE	HOYE CLAN 13 LLC	IND WAREHOUSE	$427,800	160 ft
537 TOPPING ST	LEXION MEDICAL LLC	COMMERCIAL VACANT LAND	$24,300	162 ft
555 TOPPING ST	GLOBAL STORAGE LLC	IND WAREHOUSE	$356,500	163 ft
560 BURGESS ST	TONGWA THAO ZUAKIE THAO	SINGLE FAMILY DWELLING, PLATTED LOT	$220,500	182 ft
536 COMO AVE	KATHERINE ANN LYNCH SCOTT ARNDT	TWO FAMILY DWELLING - UP/DWN	$246,900	190 ft
532 COMO AVE	SHERYL A HOUSTON	TWO FAMILY DWELLING - UP/DWN	$240,000	223 ft
564 BURGESS ST	PATRICIA LIEBGOTT	SINGLE FAMILY DWELLING, PLATTED LOT	$141,400	224 ft

Property History

Most Recent Sale

Date2018-11-15

Price$1,200,000

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.