1055 WESTGATE DR STE 190A

PID: 292923230042· 2 fields stubbed (see below)

Property Overview

Parcel ID292923230042

Lot Size243,500 sq ft (5.590 ac)

Lot Dimensions (est.)683 ft wide × 357 ft deep

Year Built2003

Property ClassFLEX COMMERCIAL CENTER

OwnerB9 POLAR WESTGATE LLC

Assessed Value$13,072,200

Land Value$2,218,200

Building Value$10,854,000

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

50 permits on record since 2016 · $3.0M total declared value · Most recent: May 2025 (building permit)

Building PermitMay 2025Active/Issued

$320K

Kristen Scharbach Quality Trusted Commercial Construction & Roofing

Billboard / SignJan 2024Active/Issued

$3K

QUALITY SIGN SOLUTIONS

ElectricalJun 2023Finaled

$60K

STACY HOLMBOE (651-639-5130) MUSKA ELECTRIC COMPANY

Fire EngineeringJun 2023Finaled

—

Griffin Rahm NOVA FIRE PROTECTION INC

Building PermitMay 2023Finaled

$45K

DKN CONSTRUCTION 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 width683 ft

Buildable depth342 ft

Area~200,278 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 200,278 sqft buildable area.

Est. units

2002

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 WESTGATE DR	B9 POLAR WESTGATE LLC	INDUSTRIAL, VACANT LAND	$589,600	202 ft
0 UNASSIGNED	CHICAGO GT WSTRN RY CO	RAILROAD REAL PROP USED IN OPERATION	$188,200	294 ft
3171 5TH ST SE	PANTS OPTIONAL LLC	COMMERCIAL VACANT LAND	$253,500	359 ft
0 UNASSIGNED	BNSF RAILWAY CO	RAILROAD REAL PROP USED IN OPERATION	$62,900	372 ft
0 UNASSIGNED	BOLANDER REAL ESTATE LLC	INDUSTRIAL, VACANT LAND	$324,900	376 ft
0 EUSTIS ST	BOLANDER REAL ESTATE LLC	INDUSTRIAL, VACANT LAND	$287,000	379 ft
0 WESTGATE DR	PANTS OPTIONAL LLC	INDUSTRIAL, VACANT LAND	$24,400	409 ft
0 WESTGATE DR	PANTS OPTIONAL LLC	INDUSTRIAL, VACANT LAND	$95,200	456 ft
1045 WESTGATE DR	B9 POLAR WESTGATE LLC	FLEX INDUSTRIAL CENTER	$7,647,900	480 ft
1059 WESTGATE DR	BNSF RAILWAY CO	RAILROAD REAL PROP USED IN OPERATION	$1,182,800	520 ft

Property History

Most Recent Sale

Date2020-04-09

Price$10,315,000

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.