0 UNIVERSITY AVE W

PID: 332923220027· 3 fields stubbed (see below)

Property Overview

Parcel ID332923220027

Lot Size67,518 sq ft (1.790 ac)

Lot Dimensions (est.)699 ft wide × 97 ft deep

Year Built—(stub)

Property ClassRAILROAD REAL PROP USED IN OPERATION

OwnerMINNESOTA COMMERCIAL RAILWAY

Assessed Value$248,000

Land Value$248,000

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

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 ↗

Met Council Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites in the metro area; does not indicate known contamination.

Metro Council — Environmental Response Fund ↗

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

Hamline Midway Coalition · Saint Paul

Median reported rent1,316/mo

Renter-occupied74.2%

Median home value$297K

Vacancy rate15.1%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 319

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 width699 ft

Buildable depth82 ft

Area~19,926 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 5-over-1 podium (12–50 units) benchmarks for 19,926 sqft buildable area.

Est. units

145

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2099 UNIVERSITY AVE W	METRO MOSQUITO CONTROL DIST	EXEMPT PROP. OWNED BY COUNTY	$4,831,000	291 ft
2102 UNIVERSITY AVE W	ISD 625	EXEMPT PROP. OWNED BY BD OF EDUC.	$1,734,900	382 ft
2005 UNIVERSITY AVE W	MENARD INC	DISCOUNT STORE AND JR. DEPT STORE	$16,765,800	485 ft
652 TRANSFER RD	SBP-MCCOMBO LLC	IND WAREHOUSE	$6,515,900	535 ft
550 CLEVELAND AVE N	UNIVERSITY PROPERTIES LLP	FLEX INDUSTRIAL CENTER	$5,853,900	599 ft
631 TRANSFER RD	AMERCO REAL ESTATE COMPANY	MINI STORAGE/WAREHOUSE	$10,335,200	732 ft
0 PRIOR AVE N	MSP MIDWAY LL LLC	IND WAREHOUSE	$40,803,700	1,174 ft
508 CLEVELAND AVE N	MINNESOTA COMMERCIAL RAILWAY	RAILROAD REAL PROP USED IN OPERATION	$1,997,600	1,191 ft
730 TRANSFER RD	NATIONAL RAILROAD PASSENGER CORP	EXEMPT PROP. OWNED BY USA	$4,293,000	1,270 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.