344 LARCH ST

PID: 252923430040· 2 fields stubbed (see below)

Property Overview

Parcel ID252923430040

Lot Size81,022 sq ft (1.790 ac)

Lot Dimensions (est.)458 ft wide × 177 ft deep

Year Built1973

Property ClassCOMM LD&IMPRO OWN BY PUB UTI TH RAIL

OwnerNORTHERN STATES POWER CO

Assessed Value$551,100

Land Value$365,200

Building Value$185,900

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

1 permit on record since 2023 · $110K total declared value · Most recent: Sep 2023 (fence)

FenceSep 2023Active/Issued

$110K

BRIAN SULLIVAN XCEL ENERGY

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

I2General Industrial

General Industrial — medium-intensity manufacturing and processing

Typical Uses

·Manufacturing
·Wholesale trade
·Freight terminals
·Salvage yards
·Breweries

Max Height75 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 width458 ft

Buildable depth162 ft

Area~59,629 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 mid-rise concrete (50+ units) benchmarks for 59,629 sqft buildable area.

Est. units

596

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
353 LARCH ST	CMA INVESTMENT LLC	AUTOMOTIVE SERVICE STATION	$78,700	214 ft
355 LARCH ST	A 1 WALSH INC	IND WAREHOUSE	$325,800	217 ft
339 LARCH ST	WJR INVESTMENTS LLC	IND WAREHOUSE	$130,900	260 ft
820 WESTERN AVE N	JUAN D MORENO PRESCILA MORENO	MANUFACTURING AND ASSEMBLY LIGHT	$740,500	285 ft
807 FARRINGTON ST	CORVAL PROPERTIES LLC	IND WAREHOUSE	$1,721,600	317 ft
356 ATWATER ST	PANG CHANG KHANG MAI CHEE LIAMKEO	SINGLE FAMILY DWELLING, PLATTED LOT	$282,700	354 ft
366 ATWATER ST	TERRANCE L LUTHER	TWO FAMILY DWELLING - UP/DWN	$235,900	367 ft
340 ATWATER ST	CUSTOM DRYWALL INC	IND WAREHOUSE	$797,500	374 ft
0 CUMBERLAND ST	BNSF RAILWAY CO	RAILROAD REAL PROP USED IN OPERATION	$6,800	390 ft
815 FARRINGTON ST	WJR INVESTMENTS LLC	IND WAREHOUSE	$735,800	391 ft

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.