530 LAFAYETTE RD

PID: 322922230037· 3 fields stubbed (see below)

Property Overview

Parcel ID322922230037

Lot Size34,848 sq ft (0.800 ac)

Lot Dimensions (est.)203 ft wide × 172 ft deep

Year Built—(stub)

Property ClassCOMMERCIAL VACANT LAND

OwnerLPOC 520 PROPERTY COMPANY LLC

Assessed Value$138,900

Land Value$138,900

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

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 width203 ft

Buildable depth157 ft

Area~24,249 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 mid-rise concrete (50+ units) benchmarks for 24,249 sqft buildable area.

Est. units

242

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 LAFAYETTE RD	LPOC 444 PROPERTY COMPANY LLC	COMMERCIAL VACANT LAND	$756,000	211 ft
520 LAFAYETTE RD	LPOC 520 PROPERTY COMPANY LLC	OFFICE BUILDING 3+ STORIES	$5,401,600	251 ft
525 LAFAYETTE RD	UNIVERSITY REALTY LIMITED	CONVENIENCE STORE	$757,000	316 ft
0 UNASSIGNED	BNSF RAILWAY CO	RAILROAD REAL PROP USED IN OPERATION	$279,700	384 ft
0 UNASSIGNED	HOUSING AND REDEV AUTH ST PAUL	EXEMPT, VACANT LAND	$9,900	387 ft
0 UNASSIGNED	NORTHERN PACIFIC RY CO	RAILROAD REAL PROP USED IN OPERATION	$11,800	423 ft
435 UNIVERSITY AVE E	UNION GOSPEL MISSION	EXEMPT, WELFARE/CHARIT FACILITY	$7,491,700	490 ft
0 WESTMINSTER ST	NORTHERN PACIFIC RY CO	RAILROAD REAL PROP USED IN OPERATION	$219,700	507 ft
0 LAFAYETTE RD	NORTHERN PACIFIC RY CO	RAILROAD REAL PROP USED IN OPERATION	$49,700	526 ft
0 KITTSON ST	LPOC 444 PROPERTY COMPANY LLC	COMMERCIAL VACANT LAND	$185,600	542 ft

Property History

Most Recent Sale

Date2018-09-26

Price$23,905,421

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.