0 UNASSIGNED

PID: 322922220107· 3 fields stubbed (see below)

Property Overview

Parcel ID322922220107

Lot Size6,534 sq ft (0.150 ac)

Lot Dimensions (est.)50 ft wide × 130 ft deep

Year Built—(stub)

Property ClassINDUSTRIAL, VACANT LAND

OwnerMISSISSIPPI VALLEY PROPERTIES LLC

Assessed Value$4,500

Land Value$4,500

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

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 ft

Min Setbacks

Front

10 ft

Side

5 ft

Rear

10 ft

Development Potential

Setbacks

Front10 ft

Side (each)5 ft

Rear10 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth110 ft

Area~3,236 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 3,236 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
0 PENNSYLVANIA AVE E	HOUSING AND REDEV AUTHORITY	EXEMPT, VACANT LAND	$38,100	49 ft
0 UNASSIGNED	MISSISSIPPI VALLEY PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$4,500	50 ft
0 UNASSIGNED	MISSISSIPPI VALLEY PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$4,100	98 ft
0 PENNSYLVANIA AVE E	HOUSING AND REDEV AUTHORITY	EXEMPT, VACANT LAND	$27,200	99 ft
0 PENNSYLVANIA AVE E	NORTHERN PACIFIC RY CO	RAILROAD REAL PROP USED IN OPERATION	$1,300	127 ft
0 UNASSIGNED	MISSISSIPPI VALLEY PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$5,200	154 ft
0 WESTMINSTER ST	NORTHERN PACIFIC RY CO	RAILROAD REAL PROP USED IN OPERATION	$9,200	161 ft
0 UNASSIGNED	MISSISSIPPI VALLEY PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$5,400	166 ft
0 WESTMINSTER ST	CHICAGO MSP OMAHA RR CO	RAILROAD REAL PROP USED IN OPERATION	$9,200	176 ft
0 UNASSIGNED	MISSISSIPPI VALLEY PROPERTIES LLC	INDUSTRIAL, VACANT LAND	$6,600	191 ft

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.