691 DREWRY LN

PID: 322922120120· 3 fields stubbed (see below)

Property Overview

Parcel ID322922120120

Lot Size14,375 sq ft (0.330 ac)

Lot Dimensions (est.)165 ft wide × 87 ft deep

Year Built—(stub)

Property ClassEXEMPT, VACANT LAND

OwnerHCA BUILDING COMPANY

Assessed Value$115,000

Land Value$115,000

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

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

RM2Medium-Density Multiple-Family Residential

Multi-family Residential 2 — medium-intensity apartment (5 stories max)

Typical Uses

·Mid-rise apartments
·Condominiums
·Assisted living
·Nursing homes

Max Height50 ft

Min Setbacks

Front

25 ft

Side

9 ft

Rear

25 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width155 ft

Buildable depth47 ft

Area~5,541 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 5,541 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
637 BEAUMONT ST	CITY OF ST PAUL	EXEMPT, VACANT LAND	$18,500	66 ft
694 PAYNE AVE	MICHAEL W KELLEY JOYCE M KELLEY	MIXED RESID/COMMERCIAL	$364,900	125 ft
611 BEAUMONT ST	611 BEAUMONT LLC	APARTMENTS 4-6 RENTAL UNITS	$380,600	159 ft
0 BEAUMONT ST	CITY OF ST PAUL	EXEMPT, VACANT LAND	$28,700	183 ft
622 BEAUMONT ST	MICHAEL E GREALISH	TWO FAMILY DWELLING - UP/DWN	$247,500	217 ft
720 PAYNE AVE	HCA BUILDING COMPANY	EXEMPT PROP. OWNED BY PRIVATE SCHOOL	$17,032,200	225 ft
695 PAYNE AVE	HELOSA LLC	SMALL (UNDER 10,000 SF) DET. RETAIL	$43,300	229 ft
702 PREBLE ST	GARY HITTLE	RESIDENTIAL, VACANT LAND, LOT	$11,300	231 ft
0 BEAUMONT ST	MICHAEL E GREALISH	RESIDENTIAL, VACANT LAND, LOT	$27,500	239 ft
708 PREBLE ST	CHRISTIAN OKOH	APARTMENTS 4-6 RENTAL UNITS	$412,600	244 ft

Property History

Most Recent Sale

Date2005-10-25

Price$218,700

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.