0 LAFAYETTE RD

PID: 322922320037· 3 fields stubbed (see below)

Property Overview

Parcel ID322922320037

Lot Size104,544 sq ft (2.460 ac)

Lot Dimensions (est.)444 ft wide × 236 ft deep

Year Built—(stub)

Property ClassINDUSTRIAL, VACANT LAND

OwnerLPOC 443 PROPERTY COMPANY LLC

Assessed Value$626,400

Land Value$626,400

Building Value$0

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

No permits found in Saint Paul open data for this parcel.

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 width444 ft

Buildable depth221 ft

Area~85,915 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 85,915 sqft buildable area.

Est. units

859

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 GROVE ST	LPOC 443 PROPERTY COMPANY LLC	COMMERCIAL VACANT LAND	$39,000	130 ft
444 LAFAYETTE RD	LPOC 444 PROPERTY COMPANY LLC	COMMERCIAL VACANT LAND	$235,500	333 ft
355 8TH ST E	MERITEX ENTERPRISES INC	IND WAREHOUSE	$11,837,800	357 ft
443 LAFAYETTE RD	LPOC 443 PROPERTY COMPANY LLC	OFFICE BUILDING 3+ STORIES	$3,391,900	372 ft
0 GROVE ST	COUNTY OF RAMSEY	EXEMPT, VACANT LAND	$18,800	455 ft
500 LAFAYETTE RD	LPOC 500 PROPERTY COMPANY LLC	OFFICE BUILDING 3+ STORIES	$5,392,300	485 ft
444 LAFAYETTE RD	LPOC 444 PROPERTY COMPANY LLC	OFFICE BUILDING 3+ STORIES	$7,756,900	488 ft
425 GROVE ST	CITY OF ST PAUL	EXEMPT PROP. OWNED BY COUNTY	$11,705,600	551 ft
367 GROVE ST	ST PAUL POLICE DEPT	EXEMPT PROP. OWNED BY COUNTY	$488,200	608 ft
425 GROVE ST	COUNTY OF RAMSEY	EXEMPT PROP. OWNED BY COUNTY	$28,184,900	628 ft

Property History

Most Recent Sale

Date2018-09-26

Price$13,200,314

Type—

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.