Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the North Snelling Avenue Commercial Vitality Zone — one of five Saint Paul corridors receiving ~$750K/year in dedicated sales tax investment for business development, façade improvements, and streetscape enhancements.
Saint Paul — Commercial Vitality Zones ↗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 ↗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 ↗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 ↗The North Snelling Avenue corridor receives dedicated CVZ funding (~$750K/year across all zones) for business recruitment, façade improvements, and public space enhancements. Contact Saint Paul PED for current grant cycles.
Saint Paul — Commercial Vitality Zones ↗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.
11 permits on record since 2018 · $4.1M total declared value · Most recent: Jun 2025 (building permit)
MORTENSON CONSTRUCTION
ACE ELECTRICAL CONTRACTORS INC
MORTENSON CONSTRUCTION
Justin LaRoue CARL BOLANDER
DYSON & WOMACK
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Union Park District Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 334
Most Recent Sale
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 0 UNIVERSITY AVE W | SNELLING-MIDWAY REDEVELOPMENT LLC | OTHER COMMERCIAL STRUCTURE | $876,800 | 186 ft |
| 0 UNIVERSITY AVE W | RD MANAGEMENT CORPORATION | COMMERCIAL VACANT LAND | $995,900 | 252 ft |
| 0 UNIVERSITY AVE W | SNELLING-MIDWAY REDEVELOPMENT LLC | EXEMPT, VACANT LAND | $1,097,900 | 278 ft |
| 457 SNELLING AVE N | SP SNELLING AVENUE LLC | APT OR COMPLEX 100+ UNITS | $23,335,100 | 285 ft |
| 1570 UNIVERSITY AVE W | SNELLING-MIDWAY REDEVELOPMENT LLC | COMMERCIAL VACANT LAND | $1,226,200 | 314 ft |
| 423 SNELLING AVE N | SNELLING SHIELDS LLC | APT OR COMPLEX 100+ UNITS | $24,216,800 | 415 ft |
| 0 UNIVERSITY AVE W | SNELLING-MIDWAY REDEVELOPMENT LLC | COMMERCIAL VACANT LAND | $734,000 | 425 ft |
| 436 ROY ST N | BETHLEHEM LUTHERAN CHURCH | EXEMPT, CHURCH, PUBLIC WORSHIP, PRIV | $1,781,400 | 432 ft |
| 0 ROY ST N | BETHLEHEM LUTHERAN CHURCH | EXEMPT, VACANT LAND | $61,000 | 435 ft |
| 0 UNIVERSITY AVE W | SNELLING-MIDWAY REDEVELOPMENT LLC | EXEMPT, SPORT/PUBLIC ASSEMBLY FAC | $2,408,200 | 481 ft |