0 RICE ST

PID: 252923440009· 3 fields stubbed (see below)

Property Overview

Parcel ID252923440009

Lot Size74,923 sq ft (1.700 ac)

Lot Dimensions (est.)443 ft wide × 169 ft deep

Year Built—(stub)

Property ClassINDUSTRIAL, VACANT LAND

OwnerBNSF RAILWAY CO

Assessed Value$387,100

Land Value$387,100

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsPresent (~65% coverage)

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

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 width443 ft

Buildable depth154 ft

Area~56,780 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 56,780 sqft buildable area.

Est. units

567

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
150 SYCAMORE AVE W	HAP SYCAMORE HOLDING CO	EXEMPT, WELFARE/CHARIT FACILITY	$4,108,800	252 ft
0 WESTERN AVE N	BNSF RAILWAY CO	RAILROAD REAL PROP USED IN OPERATION	$23,100	255 ft
0 SYCAMORE ST W	HAP SYCAMORE HOLDING CO	EXEMPT, VACANT LAND	$19,700	263 ft
0 SYCAMORE ST W	HAP SYCAMORE HOLDING CO	EXEMPT, VACANT LAND	$57,800	263 ft
200 SYCAMORE ST W	HAP SYCAMORE HOLDING CO	EXEMPT, VACANT LAND	$174,900	359 ft
0 RICE ST	RUSS DAVIS WHOLESALE INC	INDUSTRIAL, VACANT LAND	$316,000	392 ft
0 RICE ST	BNSF RAILWAY CO	RAILROAD REAL PROP USED IN OPERATION	$104,900	412 ft
191 PENNSYLVANIA AVE W	RUSS DAVIS WHOLESALE INC	GREENHOUSES, NURSERY, VEG., FLORA.	$504,900	492 ft
0 UNASSIGNED	PORT AUTHORITY OF ST PAUL	EXEMPT, VACANT LAND	$7,400	507 ft
228 SYCAMORE ST W	CAMPECO LLC	IND WAREHOUSE	$1,431,500	527 ft

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount, yearBuilt. See README for details on which sources are live vs. stubbed.