0 PIERCE BUTLER RTE

PID: 262923340160· 3 fields stubbed (see below)

Property Overview

Parcel ID262923340160

Lot Size34,848 sq ft (0.800 ac)

Lot Dimensions (est.)118 ft wide × 296 ft deep

Year Built—(stub)

Property ClassINDUSTRIAL, VACANT LAND

OwnerBANBRO LLC

Assessed Value$239,800

Land Value$239,800

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

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 width118 ft

Buildable depth281 ft

Area~23,172 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 23,172 sqft buildable area.

Est. units

231

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
805 CHATSWORTH ST N	WILLIAM T SIONG CHUE SIONG	SINGLE FAMILY DWELLING, PLATTED LOT	$279,800	149 ft
981 SEMINARY AVE	ESTEFANIA ROSAS SANCHEZ	SINGLE FAMILY DWELLING, PLATTED LOT	$121,200	161 ft
984 HUBBARD AVE	CHRISTOPHER E NERZ	SINGLE FAMILY DWELLING, PLATTED LOT	$222,000	186 ft
985 SEMINARY AVE	AIDAN THIBAULT	SINGLE FAMILY DWELLING, PLATTED LOT	$254,400	196 ft
988 HUBBARD AVE	HONGWEI CUI	SINGLE FAMILY DWELLING, PLATTED LOT	$238,900	224 ft
989 SEMINARY AVE	DENNIS E CRAWFORD CAYLIN A CRAWFORD	SINGLE FAMILY DWELLING, PLATTED LOT	$214,000	232 ft
946 PIERCE BUTLER RTE	BANBRO LLC	IND WAREHOUSE	$4,480,700	240 ft
993 SEMINARY AVE	JONATHAN GREEN	SINGLE FAMILY DWELLING, PLATTED LOT	$190,400	269 ft
996 HUBBARD AVE	KHACHEN CHOMPHUKHIRI MEE XIONG CHOMPHUKHIRI	SINGLE FAMILY DWELLING, PLATTED LOT	$273,000	282 ft
983 HUBBARD AVE	JODI L STEE	TWO FAMILY DWELLING - UP/DWN	$267,800	286 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.