0 UNASSIGNED

PID: 322922240175· 3 fields stubbed (see below)

Property Overview

Parcel ID322922240175

Lot Size20,038 sq ft (0.460 ac)

Lot Dimensions (est.)130 ft wide × 155 ft deep

Year Built—(stub)

Property ClassRAILROAD REAL PROP USED IN OPERATION

OwnerBNSF RAILWAY CO

Assessed Value$59,700

Land Value$59,700

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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 width130 ft

Buildable depth140 ft

Area~860 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 sfr / adu benchmarks for 860 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 UNASSIGNED	BNSF RAILWAY CO	RAILROAD REAL PROP USED IN OPERATION	$150,200	60 ft
0 BRUNSON ST	STATE OF MN TRUST EXEMPT	EXEMPT PROP. OWNED BY STATE OF MN	$100	78 ft
480 KENNY RD	PAIN REAL ESTATE HOLDINGS LLC	IND WAREHOUSE	$982,500	108 ft
0 UNASSIGNED	BNSF RAILWAY CO	RAILROAD REAL PROP USED IN OPERATION	$117,600	149 ft
0 WOODWARD AVE	NORTHERN PACIFIC RY CO	INDUSTRIAL, VACANT LAND	$31,400	235 ft
505 PAYNE AVE	CITY OF ST PAUL	FIRESTATION	$925,400	280 ft
485 KENNY RD	THOMAS PETERSON ALICIA LANDUCCI	SINGLE FAMILY DWELLING, PLATTED LOT	$395,100	308 ft
519 PAYNE AVE	DNZ LLC	OFFICE BUILDING 1-2 STORIES	$1,517,300	309 ft
465 KENNY RD	JAMES R FOX TR	FOUNDERY AND HEAVY MFG PLANT	$1,311,100	342 ft
0 KITTSON ST	STATE OF MN	EXEMPT, VACANT LAND	$46,400	348 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.