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.
2 permits on record since 2015 · $48K total declared value · Most recent: Jun 2023 (fence)
Kealani Caruso PREMIER FENCE INC
KEITH HOLL HOLL-TEC INSTALLATION LLC
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
Multi-family Residential 2 — medium-intensity apartment (5 stories max)
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 532 PAYNE AVE | BRADY FALK | TOWNHOME-INNER UNIT | $299,600 | 24 ft |
| 534 PAYNE AVE | STEPHEN R MILAN | TOWNHOME-INNER UNIT | $287,000 | 44 ft |
| 536 PAYNE AVE | JOHN BELPEDIO | TOWNHOME-INNER UNIT | $305,900 | 63 ft |
| 538 PAYNE AVE | AMY E HERMAN | TOWNHOME-INNER UNIT | $291,800 | 84 ft |
| 540 PAYNE AVE | DONALD J PARNELL | TOWNHOME-INNER UNIT | $279,000 | 104 ft |
| 0 KENNY RD | CITY OF ST PAUL | EXEMPT, VACANT LAND | $35,000 | 118 ft |
| 542 PAYNE AVE | MITCHELL J HERZOG | TOWNHOME-INNER UNIT | $279,000 | 124 ft |
| 544 PAYNE AVE | NIEETA L PRESLEY | TOWNHOME - OUTER UNIT | $279,000 | 146 ft |
| 515 KENNY RD | DNZ LLC | COMMERCIAL VACANT LAND | $44,000 | 149 ft |
| 520 PAYNE AVE | HOLLOWS APARTMENTS LLLP | APARTMENTS 50-99 RENTAL UNITS | $11,431,500 | 169 ft |
Most Recent Sale