Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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 ↗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 ↗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 ↗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.
4 permits on record since 2022 · $6K total declared value · Most recent: Jun 2022 (electrical)
MARSHALL ELECTRIC COMPANY INC
NARDINI FIRE EQUIPMENT CO INC
NARDINI FIRE EQUIPMENT CO INC
NARDINI FIRE EQUIPMENT CO INC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Payne-Phalen District 5 Planning Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 316
Multi-family Residential 2 — medium-intensity apartment (5 stories max)
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on 5-over-1 podium (12–50 units) benchmarks for 14,750 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1252 COOK AVE E | BRADY BENGTSON | SINGLE FAMILY DWELLING, PLATTED LOT | $156,500 | 129 ft |
| 1262 COOK AVE E | TAMMINGA FLORES | SINGLE FAMILY DWELLING, PLATTED LOT | $196,100 | 142 ft |
| 1248 COOK AVE E | WILLIAM T GRISHAW MACY GRISHAW | SINGLE FAMILY DWELLING, PLATTED LOT | $274,600 | 143 ft |
| 1246 COOK AVE E | ZACHARY GUBLER ANDREA R GUBLER | SINGLE FAMILY DWELLING, PLATTED LOT | $268,400 | 163 ft |
| 1264 COOK AVE E | APRIL H BELLOVICH | SINGLE FAMILY DWELLING, PLATTED LOT | $285,900 | 164 ft |
| 1240 COOK AVE E | MAI LEE YANG | SINGLE FAMILY DWELLING, PLATTED LOT | $224,200 | 190 ft |
| 0 UNASSIGNED | RAMSEY COUNTY REG RR AUTH | EXEMPT, VACANT LAND | $1,052,200 | 204 ft |
| 0 UNASSIGNED | STATE OF MN TRUST EXEMPT | RESID/EXEMPT VACANT LAND | $100 | 226 ft |
| 1234 COOK AVE E | JESSICA J KRUEGER KARL J KRUEGER | SINGLE FAMILY DWELLING, PLATTED LOT | $219,500 | 287 ft |
| 1261 COOK AVE E | KENDALL L BURTON | SINGLE FAMILY DWELLING, PLATTED LOT | $138,700 | 305 ft |
Most Recent Sale