1602 CARROLL AVE

PID: 332923440041· 3 fields stubbed (see below)

Property Overview

Parcel ID332923440041

Lot Size4,792 sq ft (0.110 ac)

Lot Dimensions (est.)40 ft wide × 120 ft deep

Year Built—(stub)

Property ClassCOMMERCIAL VACANT LAND

OwnerROSENBLUM FAMILY LIMITED PARTN

Assessed Value$48,800

Land Value$48,800

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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 ↗

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 ↗

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

Union Park District Council · Saint Paul

Median reported rent1,107/mo

Renter-occupied75.4%

Median home value$260K

Vacancy rate15.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 334

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 width40 ft

Buildable depth105 ft

Area~899 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 sfr / adu benchmarks for 899 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1598 CARROLL AVE	1598 CARROLL LLC	OFFICE BUILDING 1-2 STORIES	$328,500	40 ft
1606 CARROLL AVE	ROSENBLUM FAMILY LIMITED PARTN	COMMERCIAL VACANT LAND	$48,800	40 ft
1608 CARROLL AVE	SYTSMA HOUSE LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$392,700	79 ft
1612 CARROLL AVE	REBECCA L NEWGREN	SINGLE FAMILY DWELLING, PLATTED LOT	$241,300	119 ft
297 SNELLING AVE N	BIRTHRIGHT OF ST PAUL INC	EXEMPT CLINIC	$475,300	141 ft
1618 CARROLL AVE	ASHLEY KASPER KHALID AHARROUCH	SINGLE FAMILY DWELLING, PLATTED LOT	$254,100	159 ft
285 SNELLING AVE N	HOLIDAY STATIONSTORES INC	CONVENIENCE STORE	$2,159,400	170 ft
1605 IGLEHART AVE	ROSENBLUM FAMILY LIMITED PARTN	MANUFACTURING AND ASSEMBLY LIGHT	$2,075,700	180 ft
1601 CARROLL AVE	BETTINA VOLDEN	SINGLE FAMILY DWELLING, PLATTED LOT	$256,800	194 ft
1607 CARROLL AVE	SAYED ALZAMAN DANETTE LINCOLN	TWO FAMILY DWELLING - UP/DWN	$406,100	197 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.