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.
2 permits on record since 2021 · $11K total declared value · Most recent: Mar 2022 (billboard / sign)
MATTHEW WEILAND CLEAR CHANNEL OUTDOOR
Mark P Albrecht
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
Traditional Neighborhood 2 — moderate mixed-use corridor
Most Recent Sale
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 990 ARCADE ST | K S LEE PROPERTIES LLC | SMALL (UNDER 10,000 SF) DET. RETAIL | $399,500 | 56 ft |
| 832 JENKS AVE | NENGHUE MOUA TA LE | COMMERCIAL VACANT LAND | $30,900 | 74 ft |
| 974 ARCADE ST | CHI NGUYEN PHUNG | IND WAREHOUSE | $521,000 | 103 ft |
| 834 JENKS AVE | KOUA LEE | SINGLE FAMILY DWELLING, PLATTED LOT | $178,900 | 108 ft |
| 962 ARCADE ST | DONG H PHUNG CHI P NGUYEN | MIXED RESID/COMMERCIAL | $554,900 | 116 ft |
| 971 ARCADE ST | GAOLAI LEE | SMALL (UNDER 10,000 SF) DET. RETAIL | $258,600 | 129 ft |
| 979 ARCADE ST | ST PAUL LAUNDROMATS LLC | SMALL (UNDER 10,000 SF) DET. RETAIL | $592,900 | 140 ft |
| 969 ARCADE ST | MJM PROPERTY HOLDING LLC | OFFICE BUILDING 1-2 STORIES | $153,100 | 141 ft |
| 838 JENKS AVE | MARIAN PHYLLIS LAYER ROGER SHERMAN LAYER | SINGLE FAMILY DWELLING, PLATTED LOT | $208,300 | 146 ft |
| 989 ARCADE ST | ST PAUL LAUNDROMATS LLC | SMALL (UNDER 10,000 SF) DET. RETAIL | $240,800 | 155 ft |