296 PASCAL ST N

PID: 342923340035· 2 fields stubbed (see below)

Property Overview

Parcel ID342923340035

Lot Size10,454 sq ft (0.240 ac)

Lot Dimensions (est.)85 ft wide × 123 ft deep

Year Built1961

Property ClassIND WAREHOUSE

OwnerINNOVOX AUDIO LLC

Assessed Value$942,200

Land Value$102,800

Building Value$839,400

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

5 permits on record since 2020 · $41K total declared value · Most recent: Sep 2021 (stucco/plaster)

Stucco/plasterSep 2021Finaled

$35K

BEN HORSCH DONNELLY STUCCO & EXTERIORS

Warm Air, Ventilation & General SheetJul 2021Finaled

$5K

BRIAN McCONNELL CC: CHRIS HUGHES WALKER ROOFING COMPANY

Building PermitJul 2021Finaled

—

BRIAN McCONNELL CC: CHRIS HUGHES WALKER ROOFING COMPANY

ElectricalMar 2021Finaled

$1K

Jayson Oswald LANDMARK ELECTRIC INC

Fire EngineeringOct 2020Finaled

—

John Wyland WEBER & TROSETH INC

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 rent1,107/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 width85 ft

Buildable depth108 ft

Area~4,966 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 3-story wood frame (5–12 units) benchmarks for 4,966 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1450 CARROLL AVE	FREDERICK W THORNE III	IND WAREHOUSE	$415,700	124 ft
1462 CARROLL AVE	MERRIAM PARK LLC	TWO FAMILY DWELLING - UP/DWN	$363,900	132 ft
1457 IGLEHART AVE	LOES BUILDING LLC	MANUFACTURING AND ASSEMBLY LIGHT	$1,471,300	141 ft
0 CARROLL AVE	INNOVOX AUDIO LLC	INDUSTRIAL, VACANT LAND	$41,400	141 ft
0 CARROLL AVE	INNOVOX AUDIO LLC	INDUSTRIAL, VACANT LAND	$41,400	142 ft
0 CARROLL AVE	INNOVOX AUDIO LLC	INDUSTRIAL, VACANT LAND	$41,400	148 ft
1449 CARROLL AVE	FREDERICK W THORNE III	OTHER COMMERCIAL STRUCTURE	$128,300	163 ft
1468 CARROLL AVE	1468 CARROLL AVENUE LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$302,300	182 ft
0 CARROLL AVE	FREDERICK W THORNE III	OTHER COMMERCIAL STRUCTURE	$153,800	184 ft
1461 IGLEHART AVE	STEVEN M RIPLEY	SINGLE FAMILY DWELLING, PLATTED LOT	$252,700	189 ft

Property History

Most Recent Sale

Date2006-03-22

Price$543,000

Type—

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.