127 ACKER ST E

PID: 302922430109· 3 fields stubbed (see below)

Property Overview

Parcel ID302922430109

Lot Size8,276 sq ft (0.170 ac)

Lot Dimensions (est.)61 ft wide × 119 ft deep

Year Built—(stub)

Property ClassINDUSTRIAL, VACANT LAND

OwnerGB HOLDINGS LLC

Assessed Value$52,300

Land Value$52,300

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 width61 ft

Buildable depth104 ft

Area~2,726 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 2,726 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
123 ACKER ST E	FARJI ABDUL SHAHEER	TWO FAMILY DWELLING - UP/DWN	$262,100	115 ft
769 ELK ST	MICHAEL P BULLIS	SINGLE FAMILY DWELLING, PLATTED LOT	$197,600	146 ft
155 ACKER ST E	GB HOLDINGS LLC	IND WAREHOUSE	$955,000	152 ft
0 ACKER ST E	MUSANI PROPERTIES LLC	COMMERCIAL VACANT LAND	$12,100	158 ft
117 ACKER ST E	UNITED HMONG INVESTMENT LLC	TWO FAMILY DWELLING - SIDE/SIDE	$211,600	160 ft
0 ACKER ST E	MUSANI PROPERTIES LLC	COMMERCIAL VACANT LAND	$10,800	166 ft
0 ACKER ST E	RAIMUND DOMBROVSKI	INDUSTRIAL, VACANT LAND	$27,600	167 ft
0 ACKER ST E	MUSANI PROPERTIES LLC	COMMERCIAL VACANT LAND	$9,500	188 ft
0 ACKER ST E	RAIMUND DOMBROVSKI	INDUSTRIAL, VACANT LAND	$30,500	189 ft
115 ACKER ST E	SALIM NTAMBWE	SINGLE FAMILY DWELLING, PLATTED LOT	$192,300	199 ft

Property History

Most Recent Sale

Date2024-12-29

Price—

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.