570 PINE ST

PID: 312922140089· 2 fields stubbed (see below)

Property Overview

Parcel ID312922140089

Lot Size29,185 sq ft (0.650 ac)

Lot Dimensions (est.)91 ft wide × 320 ft deep

Year Built1967

Property ClassIND WAREHOUSE

OwnerANCHOR PAPER CO

Assessed Value$1,945,400

Land Value$173,900

Building Value$1,771,500

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

Payne-Phalen District 5 Planning Council · Saint Paul

Median reported rent1,099/mo

Renter-occupied41.8%

Median home value$190K

Vacancy rate7.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 330

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 width91 ft

Buildable depth305 ft

Area~16,548 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 5-over-1 podium (12–50 units) benchmarks for 16,548 sqft buildable area.

Est. units

121

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 OLIVE ST	CITY OF ST PAUL	EXEMPT, VACANT LAND	$524,500	142 ft
384 13TH ST	SCHMIDT DISPOSAL AND RECYCLING KELLIE L SCHMIDT	IND WAREHOUSE	$412,300	209 ft
321 GROVE ST	GILETTE CHILDRENS SPECIALTY HEALTHCARE	EXEMPT CLINIC	$3,394,200	246 ft
0 PINE ST	MERITEX ENTERPRISES INC	COMMERCIAL VACANT LAND	$267,000	315 ft
425 GROVE ST	CITY OF ST PAUL	EXEMPT PROP. OWNED BY COUNTY	$11,705,600	336 ft
388 13TH ST E	RAMSEY COUNTY PROPERTY MGMT	EXEMPT PROP. OWNED BY COUNTY	$1,493,400	344 ft
616 PINE ST	ZUSE LLC	IND WAREHOUSE	$1,253,300	358 ft
603 PINE ST	STATE OF MN ADMIN	EXEMPT PROP. OWNED BY STATE OF MN	$860,200	358 ft
0 OLIVE ST	MERITEX LAFAYETTE PARK LLC	INDUSTRIAL, VACANT LAND	$294,800	423 ft
350 UNIVERSITY AVE E	BMM PROPERTIES LLC	IND WAREHOUSE	$1,751,700	429 ft

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.