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 ↗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.
12 permits on record since 2015 · $699K total declared value · Most recent: Dec 2024 (electrical)
Merit Electric Co
SETH HOLM HUNT ELECTRIC CORPORATION
SETH HOLM HUNT ELECTRIC CORPORATION
HEIDI BAUER NAC MECHANICAL AND ELECTRICAL SERVICES
A & B WELDING & CONSTRUCTION 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
General Industrial — medium-intensity manufacturing and processing
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 mid-rise concrete (50+ units) benchmarks for 230,895 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 891 WELLS ST | SPECIALTY METALS HOLDCO LLC | INDUSTRIAL, VACANT LAND | $22,000 | 243 ft |
| 0 WELLS ST | SPECIALTY METALS HOLDCO LLC | INDUSTRIAL, VACANT LAND | $22,000 | 245 ft |
| 0 ARCADE ST | G G SEEGER SQUARE 1996 LP | COMMERCIAL VACANT LAND | $182,700 | 245 ft |
| 889 WELLS ST | SPECIALTY METALS HOLDCO LLC | INDUSTRIAL, VACANT LAND | $22,000 | 245 ft |
| 0 WELLS ST | SPECIALTY METALS HOLDCO LLC | INDUSTRIAL, VACANT LAND | $22,000 | 251 ft |
| 0 WELLS ST | SPECIALTY METALS HOLDCO LLC | INDUSTRIAL, VACANT LAND | $33,000 | 251 ft |
| 0 WELLS ST | SPECIALTY METALS HOLDCO LLC | INDUSTRIAL, VACANT LAND | $22,000 | 261 ft |
| 901 WELLS ST | BRITTNEY BRUCE | TWO FAMILY DWELLING - UP/DWN | $214,100 | 266 ft |
| 0 WELLS ST | SPECIALTY METALS HOLDCO LLC | INDUSTRIAL, VACANT LAND | $19,000 | 272 ft |
| 907 WELLS ST | RONALD L BLAIR | SINGLE FAMILY DWELLING, PLATTED LOT | $213,500 | 283 ft |
Most Recent Sale