0 PIERCE BUTLER RTE

PID: 282923320015· 2 fields stubbed (see below)

Property Overview

Parcel ID282923320015

Lot Size724,838 sq ft (7.700 ac)

Lot Dimensions (est.)333 ft wide × 2180 ft deep

Year Built1960

Property ClassRAILROAD REAL PROP USED IN OPERATION

OwnerMINNESOTA COMMERCIAL RAILWAY

Assessed Value$2,178,300

Land Value$2,174,500

Building Value$3,800

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

No permits found in Saint Paul open data for this parcel.

Neighborhood Profile

Hamline Midway Coalition · Saint Paul

Median reported rent1,316/mo

Renter-occupied74.2%

Median home value$297K

Vacancy rate15.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 319

Zoning

I2General Industrial

General Industrial — medium-intensity manufacturing and processing

Typical Uses

·Manufacturing
·Wholesale trade
·Freight terminals
·Salvage yards
·Breweries

Max Height75 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 width333 ft

Buildable depth2,165 ft

Area~268,607 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 mid-rise concrete (50+ units) benchmarks for 268,607 sqft buildable area.

Est. units

2686

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
858 TRANSFER RD	LAMN LLC	IND WAREHOUSE	$6,703,700	345 ft
755 PRIOR AVE N	755 N PRIOR OWNER LLC	FLEX INDUSTRIAL CENTER	$12,410,000	346 ft
750 TRANSFER RD	316 ON THE PARK LLC	FLEX INDUSTRIAL CENTER	$6,917,300	465 ft
836 PRIOR AVE N	CELTIC JUNCTION LLC	OTHER INDUSTRIAL STRUCTURE	$1,134,600	512 ft
818 PRIOR AVE N	DAVID B MARKLE	IND WAREHOUSE	$151,100	514 ft
814 PRIOR AVE N	JAMES MAXA NANCY SAIKO	IND WAREHOUSE	$801,800	528 ft
0 PRIOR AVE N	IVYSTONE PROPERTIES LTD LIABILITY CO	INDUSTRIAL, VACANT LAND	$235,400	532 ft
859 PRIOR AVE N	IVYSTONE PROPERTIES LTD LIABILITY CO	INDUSTRIAL, VACANT LAND	$48,200	546 ft
802 PRIOR AVE N	802 PRIOR LLC	AUTOMOTIVE SERVICE STATION	$188,000	559 ft
0 PRIOR AVE N	METAL TREATERS INC	MANUFACTURING AND ASSEMBLY LIGHT	$1,183,100	574 ft

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.