896 HERSEY ST

PID: 292923410009· 2 fields stubbed (see below)

Property Overview

Parcel ID292923410009

Lot Size66,211 sq ft (1.640 ac)

Lot Dimensions (est.)243 ft wide × 273 ft deep

Year Built1980

Property ClassIND WAREHOUSE

OwnerFILTER BREWING PROPERTIES LLC

Assessed Value$2,751,000

Land Value$463,100

Building Value$2,287,900

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

23 permits on record since 2016 · $3.5M total declared value · Most recent: May 2024 (electrical)

ElectricalMay 2024Finaled

$2K

Steve Sponsler POWERHOUSE ELECTRIC SERVICES LLC

MechanicalApr 2024Finaled

$13K

Keeenan FORDER QUALITY REFRIGERATION

MechanicalMar 2024Finaled

$49K

JIM KELLNER ABSOLUTE MECHANICAL LLC

Building PermitMar 2024Finaled

$375K

MODIFY CONSTRUCTION LLC

MechanicalMar 2024Finaled

$51K

CLINT ANDERSON LEGACY COMPANIES INC

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

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 width243 ft

Buildable depth258 ft

Area~54,457 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 54,457 sqft buildable area.

Est. units

544

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 VANDALIA ST	FILTER BREWING PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$111,200	141 ft
0 HERSEY ST	KOHLER INVESTMENT PROP LLC	INDUSTRIAL, VACANT LAND	$346,400	269 ft
896 HERSEY ST	NORTHERN CARGO ASSOCIATION	IND WAREHOUSE	$4,316,500	279 ft
889 VANDALIA ST	FJM MERCED ASSOCIATES, LP	IND WAREHOUSE	$3,523,300	303 ft
855 VANDALIA ST	FJM MERCED ASSOCIATES, LP	IND WAREHOUSE	$4,457,400	325 ft
0 HERSEY ST	FILTER BREWING PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$49,000	336 ft
902 HERSEY ST	CATHOLIC CHARITIES OF ARCHDIOCESE	EXEMPT, WELFARE/CHARIT FACILITY	$8,122,700	398 ft
881 HERSEY ST	M M GAGNON LLC	IND WAREHOUSE	$1,613,400	513 ft
0 VANDALIA ST	FULFORD FAMILY PARTNERSHIP LP	INDUSTRIAL, VACANT LAND	$17,000	515 ft
931 VANDALIA ST	FJM MERCED ASSOCIATES, LP	IND WAREHOUSE	$4,329,500	534 ft

Property History

Most Recent Sale

Date2021-11-05

Price$2,400,000

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.