0 BUSH AVE

PID: 272922340087· 3 fields stubbed (see below)

Property Overview

Parcel ID272922340087

Lot Size5,227 sq ft (0.130 ac)

Lot Dimensions (est.)42.59999847 ft wide × 111 ft deep

Year Built—(stub)

Property ClassRESIDENTIAL, VACANT LAND, LOT

OwnerLB EAST 7 ASSEMBLY LLC

Assessed Value$900

Land Value$900

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

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 ↗

Met Council Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.

Metro Council — Environmental Response Fund ↗

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

Greater East Side Community Council · Saint Paul

Median reported rent924/mo

Renter-occupied72.6%

Median home value$198K

Vacancy rate3.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 317.02

Zoning

RM1Low-Density Multiple-Family Residential

Multi-family Residential 1 — low-intensity apartment (3 stories max)

Typical Uses

·Apartment buildings
·Condominiums
·Townhomes

Max Height40 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 width32.6 ft

Buildable depth71 ft

Area~526 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 526 sqft buildable area.

Est. units

Yield on cost

7.3%

Spread

+1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 BUSH AVE	LB EAST 7 ASSEMBLY LLC	RESIDENTIAL, VACANT LAND, LOT	$900	44 ft
0 BUSH AVE	LB EAST 7 ASSEMBLY LLC	RESIDENTIAL, VACANT LAND, LOT	$900	85 ft
1490 7TH ST E	LB EAST 7 ASSEMBLY LLC	RESIDENTIAL, VACANT LAND, LOT	$60,000	101 ft
0 BUSH AVE	LB EAST 7 ASSEMBLY LLC	RESIDENTIAL, VACANT LAND, LOT	$900	125 ft
0 ROSS AVE	LB EAST 7 ASSEMBLY LLC	RESIDENTIAL, VACANT LAND, LOT	$900	143 ft
0 ROSS AVE	LB EAST 7 ASSEMBLY LLC	RESIDENTIAL, VACANT LAND, LOT	$900	150 ft
0 BUSH AVE	LB EAST 7 ASSEMBLY LLC	RESIDENTIAL, VACANT LAND, LOT	$1,800	157 ft
0 BUSH AVE	LB EAST 7 ASSEMBLY LLC	RESIDENTIAL, VACANT LAND, LOT	$900	166 ft
0 ROSS AVE	LB EAST 7 ASSEMBLY LLC	RESIDENTIAL, VACANT LAND, LOT	$900	166 ft
0 BUSH AVE	LB EAST 7 ASSEMBLY LLC	RESIDENTIAL, VACANT LAND, LOT	$900	187 ft

Property History

Most Recent Sale

Date2024-02-14

Price$1,150,000

Type—

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.