804 MILTON ST N

PID: 262923340155· 2 fields stubbed (see below)

Property Overview

Parcel ID262923340155

Lot Size32,670 sq ft (0.640 ac)

Lot Dimensions (est.)156 ft wide × 209 ft deep

Year Built1977

Property ClassIND WAREHOUSE

OwnerPB INDUSTRAIL LLC

Assessed Value$301,000

Land Value$167,500

Building Value$133,500

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

No permits found in Saint Paul open data for this parcel.

Neighborhood Profile

Frogtown Neighborhood Association · Saint Paul

Median reported rent933/mo

Renter-occupied35.8%

Median home value$217K

Vacancy rate7.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 324

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 width156 ft

Buildable depth194 ft

Area~18,814 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 5-over-1 podium (12–50 units) benchmarks for 18,814 sqft buildable area.

Est. units

137

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 PIERCE BUTLER ROUTE	PB INDUSTRAIL LLC	INDUSTRIAL, VACANT LAND	$52,400	97 ft
0 CHATSWORTH ST N	BNSF RAILWAY CO	RAILROAD REAL PROP USED IN OPERATION	$584,100	186 ft
925 PIERCE BUTLER RTE	MANO A MANO INTERNATIONAL PARTNERS	EXEMPT, WELFARE/CHARIT FACILITY	$1,584,900	214 ft
945 PIERCE BUTLER ROUTE	PB INDUSTRIAL LLC	MANUFACTURING AND ASSEMBLY LIGHT	$2,311,000	255 ft
0 MILTON ST N	PB INDUSTRIAL LLC	INDUSTRIAL, VACANT LAND	$156,500	269 ft
869 PIERCE BUTLER ROUTE	INDUSTRIAL FLEX HOLDINGS LLC	IND WAREHOUSE	$2,415,700	282 ft
887 PIERCE BUTLER ROUTE	ELLIS PROPERTIES LLP	IND WAREHOUSE	$3,277,500	341 ft
951 PIERCE BUTLER ROUTE	JON H ROADFELDT TR VIRGINIA G ROADFELDT TR	IND WAREHOUSE	$771,400	444 ft
811 VICTORIA ST N	KEO ENTERPRISES LLC	OFFICE BUILDING 1-2 STORIES	$1,000,400	504 ft
946 PIERCE BUTLER RTE	BANBRO LLC	IND WAREHOUSE	$4,480,700	514 ft

Property History

Most Recent Sale

Date2019-02-27

Price$1,446,500

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.