ParcelLens
Property Intelligence · Twin Cities
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Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 ↗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.
20 permits on record since 2017 · $13.1M total declared value · Most recent: Dec 2023 (fence)
FRERICHS CONSTRUCTION COMPANY
ADRIAN KADUE ALBRECHT SIGN COMPANY
VER-TECH
KONE INC
Rich Poole VIKING AUTOMATIC SPRINKLER COMPANY
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 4 — high-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 |
|---|---|---|---|---|
| 1246 UNIVERSITY AVE W | NUWAY 1246 LLC | EXEMPT, OFFICE BUILDING | $4,410,500 | 220 ft |
| 1212 UNIVERSITY AVE W | INDEPENDENT SCHOOL DIST 625 | EXEMPT PROP. OWNED BY BD OF EDUC. | $6,527,000 | 255 ft |
| 431 GRIGGS ST N | INGALLS FAMILY PARTNERSHIP | MANUFACTURING AND ASSEMBLY LIGHT | $3,161,200 | 280 ft |
| 450 SYNDICATE ST N | COMM ACTION PSHIP RAMSEY & WASHINGTON CO | OFFICE BUILDING 3+ STORIES | $7,727,400 | 387 ft |
| 1239 UNIVERSITY AVE W | GOODWILL INDUSTRIES INC | EXEMPT, WELFARE/CHARIT FACILITY | $3,476,700 | 401 ft |
| 0 UNIVERSITY AVE W | CITY WEST HOLDINGS | COMMERCIAL VACANT LAND | $141,900 | 417 ft |
| 0 UNIVERSITY AVE W | CITY WEST HOLDINGS | COMMERCIAL VACANT LAND | $116,800 | 434 ft |
| 0 UNIVERSITY AVE W | CITY WEST HOLDINGS | COMMERCIAL VACANT LAND | $116,800 | 453 ft |
| 1190 UNIVERSITY AVE W | KREBSBACH PROPERTIES | AUTOMOTIVE SERVICE STATION | $2,019,900 | 458 ft |
| 1276 UNIVERSITY AVE W | SETON REAL ESTATE HOLDINGS LLC | EXEMPT, OFFICE BUILDING | $1,443,600 | 468 ft |