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.
3 permits on record since 2016 · $31K total declared value · Most recent: Aug 2023 (electrical)
Jake Randby M J ELECTRIC LLC
KENDALL'S ACE HARDWARE
SERVICE FIRE PROTECTION
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
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 |
|---|---|---|---|---|
| 650 AGUIRRE AVE | 848 PAYNE LLLP | APARTMENTS 50-99 RENTAL UNITS | $15,489,800 | 221 ft |
| 848 PAYNE AVE | 848 PAYNE COMMERCIAL LLC | SMALL (UNDER 10,000 SF) DET. RETAIL | $525,500 | 221 ft |
| 0 UNASSIGNED | CHICAGO MSP OMAHA RR CO | RAILROAD REAL PROP USED IN OPERATION | $15,700 | 302 ft |
| 845 PAYNE AVE | HOUSING AND REDEV AUTH ST PAUL | EXEMPT, VACANT LAND | $62,500 | 311 ft |
| 858 PAYNE AVE | WINTER SONG LLC | MIXED RESID/COMMERCIAL | $536,500 | 329 ft |
| 0 WADENA AVE | DAVID OKEEFFE | COMMERCIAL VACANT LAND | $7,500 | 332 ft |
| 635 PHALEN BLVD | PHALEN PKWY LOFTS LP | APARTMENTS 50-99 RENTAL UNITS | $8,609,500 | 342 ft |
| 851 PAYNE AVE | HOUSING AND REDEV AUTH ST PAUL | EXEMPT, VACANT LAND | $32,000 | 354 ft |
| 860 PAYNE AVE | DAVID OKEEFFE | AUTOMOTIVE SERVICE STATION | $457,600 | 365 ft |
| 656 WELLS ST | WINTER SONG LLC | COMMERCIAL VACANT LAND | $25,000 | 372 ft |