768 RICE ST

PID: 302922330241· 3 fields stubbed (see below)

Property Overview

Parcel ID302922330241

Lot Size9,148 sq ft (0.200 ac)

Lot Dimensions (est.)125 ft wide × 73 ft deep

Year Built—(stub)

Property ClassCOMMERCIAL VACANT LAND

OwnerDMB LLC

Assessed Value$88,000

Land Value$88,000

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

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 ↗

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

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

North End Neighborhood Organization · Saint Paul

Median reported rent1,203/mo

Renter-occupied47.7%

Median home value$203K

Vacancy rate6.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 314

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 width125 ft

Buildable depth58 ft

Area~1,922 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 small multifamily (2–4 units, wood frame) benchmarks for 1,922 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
780 RICE ST	ACE AUTO PARTS AND SALVAGE INC	SMALL (UNDER 10,000 SF) DET. RETAIL	$262,400	60 ft
123 SYCAMORE ST W	SCOTT A VANWERT ADAM J SCHAAB	SINGLE FAMILY DWELLING, PLATTED LOT	$190,700	241 ft
110 SYCAMORE ST W	LAPHAMS ADDITION LLC	IND WAREHOUSE	$2,064,700	243 ft
113 SYCAMORE ST W	EAMY DIAZ JUAREZ	SINGLE FAMILY DWELLING, PLATTED LOT	$170,400	277 ft
800 RICE ST	RICE STREET PARTNERS LP	APARTMENTS 20-49 RENTAL UNITS	$7,598,700	282 ft
754 RICE ST	ACE AUTO PARTS AND SALVAGE CO	IND WAREHOUSE	$4,631,900	283 ft
0 SYCAMORE ST W	STATE OF MN TRUST EXEMPT	RESID/EXEMPT VACANT LAND	$2,700	310 ft
107 SYCAMORE ST W	BUENA CASA LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$186,600	328 ft
789 RICE ST	CAR BOSS LLC	AUTOMOTIVE SERVICE STATION	$567,700	336 ft
103 SYCAMORE ST W	JAIME A SANTIAGO	SINGLE FAMILY DWELLING, PLATTED LOT	$168,400	357 ft

Property History

Most Recent Sale

Date2005-09-02

Price$260,000

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.