Located in the Payne Avenue Commercial Vitality Zone — one of five Saint Paul corridors receiving ~$750K/year in dedicated sales tax investment for business development, façade improvements, and streetscape enhancements.
Saint Paul — Commercial Vitality Zones ↗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 ↗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 ↗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 ↗The Payne Avenue corridor receives dedicated CVZ funding (~$750K/year across all zones) for business recruitment, façade improvements, and public space enhancements. Contact Saint Paul PED for current grant cycles.
Saint Paul — Commercial Vitality Zones ↗Signals are based on public datasets; program eligibility requires verification.
50 permits on record since 2016 · $909K total declared value · Most recent: Oct 2024 (electrical)
PER MAR SECURITY SERVICES
SCHROEDER EXTERIORS INC
RYAN VAIL FAIRCON SERVICE COMPANY
RYAN VAIL FAIRCON SERVICE COMPANY
RYAN VAIL FAIRCON SERVICE COMPANY
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Payne-Phalen District 5 Planning Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 330
Light Industrial — low-impact manufacturing and warehousing
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on mid-rise concrete (50+ units) benchmarks for 20,323 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 505 PAYNE AVE | CITY OF ST PAUL | FIRESTATION | $925,400 | 110 ft |
| 503 KENNY RD | RECOVERY FIRST LLC | SINGLE FAMILY DWELLING, PLATTED LOT | $220,000 | 157 ft |
| 499 KENNY RD | DNZ LLC | COMMERCIAL VACANT LAND | $29,400 | 157 ft |
| 507 KENNY RD | DNZ LLC | TWO FAMILY DWELLING - UP/DWN | $204,300 | 168 ft |
| 515 KENNY RD | DNZ LLC | COMMERCIAL VACANT LAND | $44,000 | 200 ft |
| 495 KENNY RD | DADDERS ESTATES LLC | MIXED RESID/COMMERCIAL | $835,800 | 210 ft |
| 506 PETIT ST | HOUSING AND REDEV AUTHORITY | RESID/EXEMPT VACANT LAND | $5,300 | 231 ft |
| 502 PETIT ST | HOUSING AND REDEV AUTH ST PAUL | RESID/EXEMPT VACANT LAND | $5,300 | 231 ft |
| 508 PETIT ST | HOUSING AND REDEVELOPMENT | RESID/EXEMPT VACANT LAND | $5,800 | 239 ft |
| 539 PAYNE AVE | ROBYN L COURNOYER | MIXED RESID/COMMERCIAL | $246,800 | 265 ft |
Most Recent Sale