767 MILTON ST N

PID: 262923340159· 3 fields stubbed (see below)

Property Overview

Parcel ID262923340159

Lot Size77,537 sq ft (1.860 ac)

Lot Dimensions (est.)272 ft wide × 285 ft deep

Year Built—(stub)

Property ClassCOMMERCIAL VACANT LAND

OwnerBANBRO LLC

Assessed Value$465,100

Land Value$465,100

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

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

1 permit on record since 2020 · $70K total declared value · Most recent: Jun 2020 (building permit)

Building PermitJun 2020Active/Issued

$70K

GOODMANSON CONSTRUCTION INC

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

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 width272 ft

Buildable depth270 ft

Area~63,609 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 63,609 sqft buildable area.

Est. units

636

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
743 MILTON ST N	DER VANG VUE	OTHER COMMERCIAL STRUCTURE	$546,700	232 ft
753 MILTON ST N	MINNEHAHA BUSINESS CENTER LLC	SMALL STRIP CENTER	$1,800,800	288 ft
946 PIERCE BUTLER RTE	BANBRO LLC	IND WAREHOUSE	$4,480,700	337 ft
750 MILTON ST N	CB WILDER SQUARE LIMITED PARTNERSHIP	APT OR COMPLEX 100+ UNITS	$11,294,000	372 ft
959 MINNEHAHA AVE W	AL IHSAN ISLAMIC CENTER INC	EXEMPT, SPORT/PUBLIC ASSEMBLY FAC	$1,622,700	383 ft
933 MINNEHAHA AVE W	TOBASI PROPERTIES LLC	CONVENIENCE STORE	$708,800	386 ft
945 MINNEHAHA AVE W	ALFREDO MEDINA SANDRA MEDINA	MIXED RESID/COMMERCIAL	$738,500	387 ft
0 MILTON ST N	PB INDUSTRIAL LLC	INDUSTRIAL, VACANT LAND	$156,500	477 ft
925 PIERCE BUTLER RTE	MANO A MANO INTERNATIONAL PARTNERS	EXEMPT, WELFARE/CHARIT FACILITY	$1,584,900	489 ft
0 PIERCE BUTLER RTE	BANBRO LLC	INDUSTRIAL, VACANT LAND	$239,800	516 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.