0 RICE ST

PID: 252923440017· 3 fields stubbed (see below)

Property Overview

Parcel ID252923440017

Lot Size409,464 sq ft (9.310 ac)

Lot Dimensions (est.)2465 ft wide × 166 ft deep

Year Built—(stub)

Property ClassRAILROAD REAL PROP USED IN OPERATION

OwnerBNSF RAILWAY CO

Assessed Value$1,213,200

Land Value$1,213,200

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsPresent (~12% coverage)

Historic DistrictUnknown

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

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 ↗

Met Council Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.

Metro Council — Environmental Response Fund ↗

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

Frogtown Neighborhood Association · Saint Paul

Median reported rent1,101/mo

Renter-occupied64.4%

Median home value$216K

Vacancy rate7.6%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 327

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 width2,465 ft

Buildable depth151 ft

Area~321,146 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 321,146 sqft buildable area.

Est. units

3211

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 SYCAMORE ST W	APEX AUTO SALVAGE INC	INDUSTRIAL, VACANT LAND	$276,600	220 ft
240 SYCAMORE ST W	SYCAMORE PARTNERS LLC	IND WAREHOUSE	$853,600	240 ft
310 SYCAMORE ST W	SYCAMORE PROPERTIES LLC	IND WAREHOUSE	$365,800	373 ft
228 SYCAMORE ST W	CAMPECO LLC	IND WAREHOUSE	$1,431,500	400 ft
285 COMO AVE	GOODIN COMPANY	IND WAREHOUSE	$3,567,200	450 ft
0 COMO AVE	GOODIN COMPANY	COMMERCIAL VACANT LAND	$265,300	454 ft
0 SYCAMORE ST W	SYCAMORE PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$16,600	455 ft
0 SYCAMORE ST W	SYCAMORE PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$4,500	483 ft
0 SYCAMORE ST W	HAP SYCAMORE HOLDING CO	EXEMPT, VACANT LAND	$163,500	539 ft
293 COMO AVE	293 COMO LLC	IND WAREHOUSE	$1,290,500	546 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.