240 SYCAMORE ST W

PID: 252923440019· 2 fields stubbed (see below)

Property Overview

Parcel ID252923440019

Lot Size40,075 sq ft (0.920 ac)

Lot Dimensions (est.)134 ft wide × 299 ft deep

Year Built1957

Property ClassIND WAREHOUSE

OwnerSYCAMORE PARTNERS LLC

Assessed Value$853,600

Land Value$236,100

Building Value$617,500

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

2 permits on record since 2017 · $8K total declared value · Most recent: May 2021 (electrical)

ElectricalMay 2021Finaled

$7K

VIOLET SWANSON Randy's Electric

FenceJan 2017Active/Issued

$1K

DARLENE BARNES ABLE FENCE INC

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 width134 ft

Buildable depth284 ft

Area~27,836 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 27,836 sqft buildable area.

Est. units

278

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	150 ft
0 RICE ST	BNSF RAILWAY CO	RAILROAD REAL PROP USED IN OPERATION	$1,213,200	240 ft
228 SYCAMORE ST W	CAMPECO LLC	IND WAREHOUSE	$1,431,500	248 ft
0 SYCAMORE ST W	HAP SYCAMORE HOLDING CO	EXEMPT, VACANT LAND	$163,500	328 ft
0 SYCAMORE ST W	SYCAMORE PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$16,600	369 ft
207 SYCAMORE ST W	DOWN THE LINE PROPERTY LLC	IND WAREHOUSE	$3,523,600	396 ft
310 SYCAMORE ST W	SYCAMORE PROPERTIES LLC	IND WAREHOUSE	$365,800	400 ft
0 SYCAMORE ST W	SYCAMORE PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$4,500	411 ft
0 RICE ST	NORTHERN STATES POWER CO	IND WAREHOUSE	$412,600	453 ft
200 SYCAMORE ST W	HAP SYCAMORE HOLDING CO	EXEMPT, VACANT LAND	$174,900	471 ft

Property History

Most Recent Sale

Date2017-05-10

Price$475,000

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.