811 COMO AVE

PID: 262923120040· 2 fields stubbed (see below)

Property Overview

Parcel ID262923120040

Lot Size9,148 sq ft (0.220 ac)

Lot Dimensions (est.)138 ft wide × 66 ft deep

Year Built1961

Property ClassAPARTMENTS 7-19 RENTAL UNITS

OwnerDRS INVESTMENT II LLC

Assessed Value$930,500

Land Value$220,000

Building Value$710,500

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Saint Paul — 4d Affordable Housing Incentive ↗

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 ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2015 · $39K total declared value · Most recent: Jun 2025 (building permit)

Building PermitJun 2025Active/Issued

$38K

Mr. Tabitha Jeurissen Prominent Construction LLC

ElectricalSep 2015Active/Issued

$1K

BUDGET LIGHTING INC

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

District 10 Como Community Council · Saint Paul

Median reported rent927/mo

Renter-occupied28.5%

Median home value$227K

Vacancy rate3.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 312

Zoning

RM2Medium-Density Multiple-Family Residential

Multi-family Residential 2 — medium-intensity apartment (5 stories max)

Typical Uses

·Mid-rise apartments
·Condominiums
·Assisted living
·Nursing homes

Max Height50 ft

Min Setbacks

Front

25 ft

Side

9 ft

Rear

25 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width128 ft

Buildable depth26 ft

Area~2,635 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 small multifamily (2–4 units, wood frame) benchmarks for 2,635 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 COMO AVE	BURLINGTON NORTHERN INC	RAILROAD REAL PROP USED IN OPERATION	$65,300	101 ft
818 COMO AVE	TERRY M DRAEGER	APARTMENTS 4-6 RENTAL UNITS	$532,200	160 ft
805 COMO AVE	DRS INVESTMENT II LLC	APARTMENTS 20-49 RENTAL UNITS	$2,022,000	168 ft
824 COMO AVE	ESMOND SANTIAGO	SINGLE FAMILY DWELLING, PLATTED LOT	$221,400	184 ft
831 COMO AVE	BLUE SPACE VENTURES LLC	OFFICE BUILDING 1-2 STORIES	$497,000	213 ft
826 COMO AVE	GUY WAGNER	MIXED RESID/COMMERCIAL	$340,600	219 ft
806 COMO AVE	ALLAN G PETERSEN NANCY B PETERSEN	TWO FAMILY DWELLING - UP/DWN	$303,100	260 ft
1079 AVON ST N	BONNIE J FEHRMAN	SINGLE FAMILY DWELLING, PLATTED LOT	$218,600	264 ft
757 JESSAMINE AVE W	ZOE HARVEY ROBERT LUNDBERG III	SINGLE FAMILY DWELLING, PLATTED LOT	$282,300	275 ft
1094 COMO PL	KAREN F SWAGER	SINGLE FAMILY DWELLING, PLATTED LOT	$224,600	282 ft

Property History

Most Recent Sale

Date2013-06-17

Price$1,900,000

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.