855 VANDALIA ST

PID: 292923410012· 2 fields stubbed (see below)

Property Overview

Parcel ID292923410012

Lot Size121,097 sq ft (2.770 ac)

Lot Dimensions (est.)321 ft wide × 378 ft deep

Year Built1957

Property ClassIND WAREHOUSE

OwnerFJM MERCED ASSOCIATES, LP

Assessed Value$4,457,400

Land Value$1,101,300

Building Value$3,356,100

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

9 permits on record since 2019 · $137K total declared value · Most recent: Mar 2024 (mechanical)

MechanicalMar 2024Finaled

$2K

JIM KELLNER ABSOLUTE MECHANICAL LLC

Warm Air, Ventilation & General SheetMar 2024Finaled

$24K

JIM KELLNER ABSOLUTE MECHANICAL LLC

Fire EngineeringFeb 2024Finaled

—

SHIELD FIRE PROTECTION

PlumbingJan 2024Finaled

$7K

MERLE STEINKRAUS STEINKRAUS PLUMBING INC

Building PermitJan 2024Finaled

$70K

ANDERSON CC 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 width321 ft

Buildable depth363 ft

Area~100,860 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 100,860 sqft buildable area.

Est. units

1008

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 VANDALIA ST	FULFORD FAMILY PARTNERSHIP LP	INDUSTRIAL, VACANT LAND	$17,000	263 ft
821 VANDALIA ST	829 VANDALIA LLC	MANUFACTURING AND ASSEMBLY LIGHT	$1,401,400	290 ft
0 VANDALIA ST	FILTER BREWING PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$111,200	315 ft
896 HERSEY ST	FILTER BREWING PROPERTIES LLC	IND WAREHOUSE	$2,751,000	325 ft
889 VANDALIA ST	FJM MERCED ASSOCIATES, LP	IND WAREHOUSE	$3,523,300	341 ft
817 VANDALIA ST	FULFORD FAMILY PARTNERSHIP LP	IND WAREHOUSE	$1,193,900	406 ft
860 VANDALIA ST	JOBS FOUNDATION DBA TECH DUMP	EXEMPT, WELFARE/CHARIT FACILITY	$5,189,700	414 ft
795 VANDALIA ST	MSP MIDWAY LL LLC	TRUCK TERMINAL	$5,046,500	448 ft
878 VANDALIA ST	BURTCO PROPERTIES LLC	IND WAREHOUSE	$1,087,000	461 ft
842 VANDALIA ST	842 VANDALIA LLC	IND WAREHOUSE	$2,278,800	484 ft

Property History

Most Recent Sale

Date2022-11-18

Price$14,578,750

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.