340 ATWATER ST

PID: 252923430115· 2 fields stubbed (see below)

Property Overview

Parcel ID252923430115

Lot Size31,799 sq ft (0.730 ac)

Lot Dimensions (est.)200 ft wide × 159 ft deep

Year Built1966

Property ClassIND WAREHOUSE

OwnerCUSTOM DRYWALL INC

Assessed Value$797,500

Land Value$191,200

Building Value$606,300

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 width200 ft

Buildable depth144 ft

Area~21,933 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 21,933 sqft buildable area.

Est. units

219

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
339 LARCH ST	WJR INVESTMENTS LLC	IND WAREHOUSE	$130,900	134 ft
318 ATWATER ST	WILLIAM F DARLOW SUSAN C PETERSON	SINGLE FAMILY DWELLING, PLATTED LOT	$237,100	160 ft
356 ATWATER ST	PANG CHANG KHANG MAI CHEE LIAMKEO	SINGLE FAMILY DWELLING, PLATTED LOT	$282,700	161 ft
353 LARCH ST	CMA INVESTMENT LLC	AUTOMOTIVE SERVICE STATION	$78,700	175 ft
815 FARRINGTON ST	WJR INVESTMENTS LLC	IND WAREHOUSE	$735,800	197 ft
337 ATWATER ST	RELIANCE LLC	INDUSTRIAL, VACANT LAND	$66,500	204 ft
345 ATWATER ST	RELIANCE LLC	IND WAREHOUSE	$1,329,000	223 ft
333 ATWATER ST	THE PASTURES LLC	APARTMENTS 7-19 RENTAL UNITS	$967,300	227 ft
355 LARCH ST	A 1 WALSH INC	IND WAREHOUSE	$325,800	254 ft
325 ATWATER ST	MICHELLE L THOMPSON	SINGLE FAMILY DWELLING, PLATTED LOT	$159,700	258 ft

Property History

Most Recent Sale

Date2022-02-01

Price$1,200,001

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.