2299 TERRITORIAL RD

PID: 292923420045· 3 fields stubbed (see below)

Property Overview

Parcel ID292923420045

Lot Size8,276 sq ft (0.200 ac)

Lot Dimensions (est.)171 ft wide × 49 ft deep

Year Built—(stub)

Property ClassINDUSTRIAL, VACANT LAND

OwnerMSP MIDWAY LL LLC

Assessed Value$77,100

Land Value$77,100

Building Value$0

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

No permits found in Saint Paul open data for this parcel.

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 width171 ft

Buildable depth34 ft

Area~3,009 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 3-story wood frame (5–12 units) benchmarks for 3,009 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2299 TERRITORIAL RD	MSP MIDWAY LL LLC	INDUSTRIAL, VACANT LAND	$81,700	184 ft
0 HAMPDEN AVE	M M GAGNON LLC	COMMERCIAL VACANT LAND	$219,100	191 ft
0 HERSEY ST	M M GAGNON LLC	INDUSTRIAL, VACANT LAND	$47,200	219 ft
2299 TERRITORIAL RD	MSP MIDWAY LL LLC	INDUSTRIAL, VACANT LAND	$1,072,100	286 ft
881 HERSEY ST	M M GAGNON LLC	IND WAREHOUSE	$1,613,400	293 ft
896 HERSEY ST	NORTHERN CARGO ASSOCIATION	IND WAREHOUSE	$4,316,500	338 ft
2258 WYCLIFF ST	CRAIG K KILBANE	INDUSTRIAL, VACANT LAND	$302,000	406 ft
2299 TERRITORIAL RD	MSP MIDWAY LL LLC	IND WAREHOUSE	$13,744,700	444 ft
2285 HAMPDEN AVE	SMALL SERVICES LLC	COMMERCIAL VACANT LAND	$680,300	472 ft
0 HERSEY ST	FILTER BREWING PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$49,000	474 ft

Property History

Most Recent Sale

Date2024-12-20

Price$82,508,000

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount, yearBuilt. See README for details on which sources are live vs. stubbed.