892 NEWCOMB ST

PID: 282922410056· 2 fields stubbed (see below)

Property Overview

Parcel ID282922410056

Lot Size13,939 sq ft (0.320 ac)

Lot Dimensions (est.)137 ft wide × 102 ft deep

Year Built1945

Property ClassIND WAREHOUSE

OwnerBMC PROPERTY LLC

Assessed Value$1,026,700

Land Value$63,500

Building Value$963,200

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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 ↗

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 ↗

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

2 permits on record since 2024 · $430K total declared value · Most recent: Sep 2024 (electrical)

ElectricalSep 2024Inspected

$30K

IBURG ELECTRIC LLC

Building PermitSep 2024Inspected

$400K

CJ RANDAZZO DANI MAR CONCRETE LLC

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Dayton's Bluff Community Council · Saint Paul

Median reported rent1,255/mo

Renter-occupied32.6%

Median home value$179K

Vacancy rate6.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 317.01

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 width137 ft

Buildable depth87 ft

Area~7,712 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 3-story wood frame (5–12 units) benchmarks for 7,712 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
888 NEWCOMB ST	DANIEL J MELSHA	AUTOMOTIVE SERVICE STATION	$325,400	80 ft
895 ATLANTIC ST	BATEMANS PROPERTIES LLC	RESIDENTIAL, OTHER	$26,900	130 ft
0 UNASSIGNED	UNION PACIFIC RAILROAD COMPANY	RAILROAD REAL PROP USED IN OPERATION	$123,200	130 ft
891 ATLANTIC ST	BATEMANS PROPERTIES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$201,600	134 ft
901 ATLANTIC ST	NORTH HILL PARTNERS INC	MANUFACTURING AND ASSEMBLY LIGHT	$575,800	136 ft
880 NEWCOMB ST	EH DOH WIN	SINGLE FAMILY DWELLING, PLATTED LOT	$202,400	141 ft
887 ATLANTIC ST	BATEMANS PROPERTIES LLC	IND WAREHOUSE	$408,400	161 ft
874 NEWCOMB ST	LUIS ALBERO PEREZ MELGAR	TWO FAMILY DWELLING - UP/DWN	$257,600	195 ft
879 ATLANTIC ST	DONALD A BATEMAN JR	TWO FAMILY DWELLING - UP/DWN	$214,000	201 ft
881 NEWCOMB ST	3MC FURNITURE LLC	MANUFACTURING AND ASSEMBLY LIGHT	$520,800	207 ft

Property History

Most Recent Sale

Date2023-03-06

Price—

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount. See README for details on which sources are live vs. stubbed.