500 7TH ST E

PID: 322922310072· 2 fields stubbed (see below)

Property Overview

Parcel ID322922310072

Lot Size41,818 sq ft (0.980 ac)

Lot Dimensions (est.)294 ft wide × 142 ft deep

Year Built2001

Property ClassCONVENIENCE STORE

OwnerHOLIDAY STATION STORES INC

Assessed Value$1,898,600

Land Value$420,100

Building Value$1,478,500

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

10 permits on record since 2015 · $94K total declared value · Most recent: Feb 2020 (electrical)

ElectricalFeb 2020Inspected

$500

Tradewinds Electric LLC

PlumbingFeb 2020Finaled

$2K

PHILIP SHEPPARD SHEPPARD PLUMBING

Building PermitFeb 2020Inspected

$30K

SCOTT TINDELL CONSTRUCTION

ElectricalApr 2019Active/Issued

$4K

MATT YAECK CHOICE ELECTRIC INC

Building PermitMar 2019Active/Issued

$10K

HOLIDAY STATIONSTORES

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Dayton's Bluff Community 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 width294 ft

Buildable depth127 ft

Area~30,877 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 30,877 sqft buildable area.

Est. units

308

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
520 7TH ST E	MISTER CAR WASH	CAR WASH	$3,025,100	298 ft
575 7TH ST E	CSLK PROPERTIES LLC	SMALL (UNDER 10,000 SF) DET. RETAIL	$923,900	397 ft
0 7TH ST E	CSLK PROPERTIES LLC	COMMERCIAL VACANT LAND	$206,800	399 ft
449 7TH ST E	R&R CAPITAL INVESTMENTS LLC	MIXED RETAIL/COMMERCIAL	$436,200	475 ft
0 7TH ST E	CSLK2 LLC	COMMERCIAL VACANT LAND	$30,500	488 ft
483 7TH ST E	LPOC 444 PROPERTY COMPANY LLC	COMMERCIAL VACANT LAND	$990,500	491 ft
447 7TH ST E	RR CAPITAL INVESTMENTS LLC	OFFICE BUILDING 1-2 STORIES	$413,300	504 ft
0 7TH ST E	CITY OF ST PAUL	EXEMPT, VACANT LAND	$3,400	516 ft
0 7TH ST E	CITY OF ST PAUL	EXEMPT, VACANT LAND	$1,600	530 ft
0 KITTSON ST	STATE OF MN	EXEMPT, VACANT LAND	$48,800	550 ft

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount. See README for details on which sources are live vs. stubbed.