1041 RAYMOND AVE

PID: 292923120055· 2 fields stubbed (see below)

Property Overview

Parcel ID292923120055

Lot Size37,462 sq ft (0.830 ac)

Lot Dimensions (est.)285 ft wide × 132 ft deep

Year Built1946

Property ClassAUTOMOTIVE SERVICE STATION

Owner1047 RAYMOND AVE LLC

Assessed Value$1,068,100

Land Value$263,200

Building Value$804,900

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

1 permit on record since 2018 · $400 total declared value · Most recent: Jun 2018 (electrical)

ElectricalJun 2018Finaled

$400

MILLENNIUM ELECTRICAL SERVICES LLC

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

Neighborhood Profile

St. Anthony Park Community Council · 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

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 width285 ft

Buildable depth117 ft

Area~25,294 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 25,294 sqft buildable area.

Est. units

252

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 UNASSIGNED	BNSF RAILWAY CO	INDUSTRIAL, VACANT LAND	$27,000	224 ft
0 UNASSIGNED	BNSF RAILWAY CO	INDUSTRIAL, VACANT LAND	$37,500	271 ft
0 RAYMOND AVE	CITY OF ST PAUL	EXEMPT, VACANT LAND	$123,900	277 ft
1068 RAYMOND AVE	JOSEPH HUGHES	APARTMENTS 7-19 RENTAL UNITS	$1,994,800	286 ft
2199 TAINTER AVE	KEVIN C WARD	SINGLE FAMILY DWELLING, PLATTED LOT	$253,400	393 ft
1080 RAYMOND AVE	NORDIC COURT APARTMENTS LLC	APARTMENTS 7-19 RENTAL UNITS	$1,561,900	412 ft
2233 ENERGY PARK DR	WELLINGTON MANAGEMENT INC	SMALL STRIP CENTER	$1,671,400	423 ft
2230 ENERGY PARK DR	2230 ENERGY PARK DR LLC	TRUCK TERMINAL	$4,350,300	432 ft
2196 ENERGY PARK DR	CARL BLAINE THRASHER TR CYNTHIA VIK THRASHER TR	APARTMENT VACANT LAND	$11,500	522 ft
1051 EVERETT CT	KARI A RISE	SINGLE FAMILY DWELLING, PLATTED LOT	$270,100	542 ft

Property History

Most Recent Sale

Date2018-04-20

Price$700,000

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.