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 ↗Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Saint Paul — 4d Affordable Housing Incentive ↗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.
20 permits on record since 2021 · $14.7M total declared value · Most recent: Dec 2024 (building permit)
Christopher Watson MASTEC
Joaquin Thomas GO SOLAR INSTALLS
DORAN CONSTRUCTION
MAXIMUM TECHNOLOGIES INC
Emily Notch INDIGO SIGNWORKS INC
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
Traditional Neighborhood 2 — moderate mixed-use corridor
Most Recent Sale
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 |
|---|---|---|---|---|
| 0 PAYNE AVE | RAMSEY COUNTY REG RR AUTH | EXEMPT, VACANT LAND | $35,800 | 147 ft |
| 530 PAYNE AVE | SHELBY RAE LABONNE | TOWNHOME - OUTER UNIT | $296,000 | 169 ft |
| 595 7TH ST E | NIMCO LTD | IND WAREHOUSE | $742,600 | 183 ft |
| 532 PAYNE AVE | BRADY FALK | TOWNHOME-INNER UNIT | $299,600 | 190 ft |
| 0 KENNY RD | CITY OF ST PAUL | EXEMPT, VACANT LAND | $35,000 | 196 ft |
| 534 PAYNE AVE | STEPHEN R MILAN | TOWNHOME-INNER UNIT | $287,000 | 209 ft |
| 536 PAYNE AVE | JOHN BELPEDIO | TOWNHOME-INNER UNIT | $305,900 | 228 ft |
| 538 PAYNE AVE | AMY E HERMAN | TOWNHOME-INNER UNIT | $291,800 | 248 ft |
| 540 PAYNE AVE | DONALD J PARNELL | TOWNHOME-INNER UNIT | $279,000 | 267 ft |
| 542 PAYNE AVE | MITCHELL J HERZOG | TOWNHOME-INNER UNIT | $279,000 | 287 ft |