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 ↗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.
2 permits on record since 2017 · $13K total declared value · Most recent: Jun 2020 (electrical)
Merit Electric Co
DIANE WENDT SUMMIT COMPANIES
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Frogtown Neighborhood Association · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 325
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 |
|---|---|---|---|---|
| 651 UNIVERSITY AVE W | LIANG SHENG LLC | DAYCARE CENTER | $682,700 | 52 ft |
| 642 SHERBURNE AVE | NEIGHBORHOOD COMMERCIAL SPACES LLC | SINGLE FAMILY DWELLING, PLATTED LOT | $183,400 | 132 ft |
| 652 SHERBURNE AVE | RONDO COMMUNITY LAND TRUST | EXEMPT, APARTMENT 4+ UNITS | $697,500 | 140 ft |
| 625 UNIVERSITY AVE W | NDC ENTREPRENEUR TRAINING CENTER | MIXED RETAIL/COMMERCIAL | $2,016,300 | 145 ft |
| 625 UNIVERSITY AVE W | NDC ENTREPRENEUR TRAINING CENTER | EXEMPT, OFFICE BUILDING | $2,038,800 | 145 ft |
| 0 UNIVERSITY AVE W | UNIVERSITY & DALE LP | APARTMENTS 20-49 RENTAL UNITS | $7,173,200 | 145 ft |
| 636 SHERBURNE AVE | TOU YANG LA XIONG | SINGLE FAMILY DWELLING, PLATTED LOT | $225,100 | 149 ft |
| 663 UNIVERSITY AVE W | AMERICAN NATIONAL BANK | FULL SERVICE BANK | $2,140,300 | 228 ft |
| 501 DALE ST N | FROGTOWN ENTREPRENEUR CTR LLC | OFFICE BUILDING 1-2 STORIES | $723,700 | 240 ft |
| 0 UNIVERSITY AVE W | HAUNG XIENG PARTNERSHIP | COMMERCIAL VACANT LAND | $479,200 | 242 ft |