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.
11 permits on record since 2016 · $407K total declared value · Most recent: Mar 2025 (electrical)
CEDAR LAKE ELECTRIC INC
Paul Secord Breth Zenzen Fire Protection
RICK BINDER BINDER HEATING & A/C INC
RICK BINDER BINDER HEATING & A/C INC
RICK BINDER BINDER HEATING & A/C 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 315
Light Industrial — low-impact manufacturing and warehousing
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 229,900 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 547 PHALEN BLVD | LKT PROPERTY LLC | CONDOMINIUM WAREHOUSE | $831,500 | 0 ft |
| 551 PHALEN BLVD | JOT INVESTMENTS LLC | CONDOMINIUM WAREHOUSE | $746,200 | 0 ft |
| 553 PHALEN BLVD | ESCH PROPERTIES LLC | CONDOMINIUM WAREHOUSE | $638,300 | 0 ft |
| 561 PHALEN BLVD | ESCH PROPERTIES LLC | CONDOMINIUM WAREHOUSE | $664,700 | 0 ft |
| 539 PHALEN BLVD | EVERGREEN HOLDING GROUP LLC | CONDOMINIUM WAREHOUSE | $801,500 | 0 ft |
| 533 PHALEN BLVD | 533 PHALEN PARTNERS LLC | CONDOMINIUM WAREHOUSE | $707,600 | 0 ft |
| 537 PHALEN BLVD | PHALEN WESTMINSTER CROSSING LLC | CONDOMINIUM WAREHOUSE | $610,000 | 0 ft |
| 545 PHALEN BLVD | LKT PROPERTY LLC | CONDOMINIUM WAREHOUSE | $673,400 | 0 ft |
| 563 PHALEN BLVD | LUZERAS LLC | CONDOMINIUM WAREHOUSE | $1,434,200 | 0 ft |
| 531 PHALEN BLVD | EVOLUTION PET FOOD/WEISMAN INSTITUTE OF | CONDOMINIUM WAREHOUSE | $687,300 | 0 ft |
Most Recent Sale