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 ↗Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Saint Paul — 4d Affordable Housing Incentive ↗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.
24 permits on record since 2020 · $16.2M total declared value · Most recent: Oct 2024 (electrical)
NORWAY ELECTRIC COMPANY INC
GAUGHAN CONSTRUCTION PROJECT MANAGEMENT
William Parsons BLUESKY ELECTRIC CO
Mr Chris Amiot Advantage Construction INC.
SCHINDLER ELEVATOR CORPORATION
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
Traditional Neighborhood 3 — medium-intensity mixed-use
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 |
|---|---|---|---|---|
| 1555 CARROLL AVE | 1555 CARROLL AVENUE, LLC | THREE FAMILY DWELLING, PLATTED LOT | $419,000 | 115 ft |
| 1551 CARROLL AVE | TIMOTHY D BROWN | SINGLE FAMILY DWELLING, PLATTED LOT | $247,000 | 155 ft |
| 1570 CONCORDIA AVE | ANCHOR BANK ST PAUL | FULL SERVICE BANK | $6,422,900 | 162 ft |
| 1547 CARROLL AVE | TAMARA K RICHARDSON | SINGLE FAMILY DWELLING, PLATTED LOT | $237,600 | 195 ft |
| 300 SNELLING AVE N | CLAREL CORPORATION | AUTOMOTIVE SERVICE STATION | $1,081,200 | 196 ft |
| 1560 CARROLL AVE | PETER SEIM | SINGLE FAMILY DWELLING, PLATTED LOT | $202,600 | 202 ft |
| 1554 CARROLL AVE | MICHAEL J REITSMA | SINGLE FAMILY DWELLING, PLATTED LOT | $285,400 | 219 ft |
| 1543 CARROLL AVE | NATHAN D GABRIELLI | SINGLE FAMILY DWELLING, PLATTED LOT | $205,700 | 235 ft |
| 1550 CARROLL AVE | SAMUEL KAHNKE | SINGLE FAMILY DWELLING, PLATTED LOT | $270,700 | 242 ft |
| 1548 CARROLL AVE | MICHAEL P GLENNON KEO M GLENNON | SINGLE FAMILY DWELLING, PLATTED LOT | $315,500 | 269 ft |