557 STINSON ST

PID: 252923320121· 2 fields stubbed (see below)

Property Overview

Parcel ID252923320121

Lot Size10,454 sq ft (0.230 ac)

Lot Dimensions (est.)77 ft wide × 136 ft deep

Year Built1951

Property ClassIND WAREHOUSE

OwnerDUNBAR LLC

Assessed Value$885,300

Land Value$61,500

Building Value$823,800

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

3 permits on record since 2016 · $12K total declared value · Most recent: Aug 2024 (stucco/plaster)

Stucco/plasterAug 2024Active/Issued

$4K

Mr THOMAS VENNEMANN T & S STUCCO

PlumbingFeb 2016Finaled

$1K

JESSICA OSTEBO MASTER PLUMBING SERVICES LLC

ElectricalJan 2016Finaled

$7K

ALLGEN POWER SERVICES LLC

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 width77 ft

Buildable depth121 ft

Area~4,804 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 4,804 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
547 STINSON ST	EYOTA GREEN LLC	RESIDENTIAL, VACANT LAND, LOT	$18,200	78 ft
541 STINSON ST	VG PROPERTIES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$179,000	158 ft
569 COMO AVE	FRANCISCO U HERNANDEZ	SINGLE FAMILY DWELLING, PLATTED LOT	$157,100	162 ft
0 STINSON ST	NAEGELE OUTDOOR ADV CO	COMMERCIAL VACANT LAND	$203,000	166 ft
571 COMO AVE	KAITLIN A LARSON	SINGLE FAMILY DWELLING, PLATTED LOT	$334,400	171 ft
927 KENT ST	NAEGELE OUTDOOR ADVTISNG CO	COMMERCIAL VACANT LAND	$67,700	182 ft
577 COMO AVE	YESENIA MEJIA	SINGLE FAMILY DWELLING, PLATTED LOT	$222,700	204 ft
555 COMO AVE	555 COMO AVE LLC	IND WAREHOUSE	$851,600	218 ft
0 STINSON ST	DIAMOND T PROPERTIES NO 232 LLC	INDUSTRIAL, VACANT LAND	$44,200	222 ft
576 FRONT AVE	TMREIT LLC	IND WAREHOUSE	$909,400	231 ft

Property History

Most Recent Sale

Date1998-09-30

Price$53,000

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.