550 CLEVELAND AVE N

PID: 332923230021· 2 fields stubbed (see below)

Property Overview

Parcel ID332923230021

Lot Size207,781 sq ft (4.770 ac)

Lot Dimensions (est.)428 ft wide × 486 ft deep

Year Built1996

Property ClassFLEX INDUSTRIAL CENTER

OwnerUNIVERSITY PROPERTIES LLP

Assessed Value$5,853,900

Land Value$2,410,600

Building Value$3,443,300

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

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 ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

50 permits on record since 2017 · $1.6M total declared value · Most recent: Feb 2025 (electrical)

ElectricalFeb 2025Finaled

$4K

Mrs. Cherrie Isaacson CITY VIEW ELECTRIC INC

Building PermitFeb 2025Inspected

$170K

Tim Gunderson G5 Construction LLC

PlumbingJan 2025Finaled

$16K

NORTHERN MECHANICAL CONTRACTORS LLC

MechanicalOct 2023Finaled

$12K

SPRIGGS PLBG & HTG INC

ElectricalJul 2023Finaled

$5K

ZACK GORG COLLINS ELECTRICAL CONSTRUCTION CO

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

Neighborhood Profile

Union Park District Council · Saint Paul

Median reported rent1,340/mo

Renter-occupied68.6%

Median home value$278K

Vacancy rate12.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 332

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 width428 ft

Buildable depth471 ft

Area~177,929 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 177,929 sqft buildable area.

Est. units

1779

Yield on cost

2.6%

Spread

-2.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 CLEVELAND AVE N	DART TRANSIT CO	INDUSTRIAL, VACANT LAND	$2,300	309 ft
543 CLEVELAND AVE N	MIDWAY FUEL INC	GAS STATION	$258,200	336 ft
2102 UNIVERSITY AVE W	ISD 625	EXEMPT PROP. OWNED BY BD OF EDUC.	$1,734,900	349 ft
567 CLEVELAND AVE N	AMERICAN CONSULTING SERVICES INC	INDUSTRIAL, VACANT LAND	$893,200	387 ft
530 CLEVELAND AVE N	OROMIYA AUTO CENTRE LLC	IND WAREHOUSE	$1,167,500	504 ft
2108 UNIVERSITY AVE W	AMERICAN CONSULTING SERVICES INC	AUTOMOTIVE SERVICE STATION	$1,499,800	554 ft
2103 WABASH AVE	SUPERIOR LLC	IND WAREHOUSE	$1,286,600	584 ft
0 UNIVERSITY AVE W	MINNESOTA COMMERCIAL RAILWAY	RAILROAD REAL PROP USED IN OPERATION	$248,000	599 ft
473 PRIOR AVE N	MN DEPARTMENT OF COMMERCE	EXEMPT PROP. OWNED BY STATE OF MN	$414,100	648 ft
2099 UNIVERSITY AVE W	METRO MOSQUITO CONTROL DIST	EXEMPT PROP. OWNED BY COUNTY	$4,831,000	665 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.