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 Rice Street 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 Rice Street 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.
No permits found in Saint Paul open data for this parcel.
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 327
Light Industrial — low-impact manufacturing and warehousing
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on 3-story wood frame (5–12 units) benchmarks for 6,133 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 0 PENNSYLVANIA AVE W | GSA2 GROUP LLC | INDUSTRIAL, VACANT LAND | $51,100 | 75 ft |
| 637 RICE ST | KIL-BEN RICE LLC | AUTO DEALER AND SERVICE CTR | $584,900 | 118 ft |
| 0 RICE ST | RUSS DAVIS WHOLESALE INC | INDUSTRIAL, VACANT LAND | $64,500 | 180 ft |
| 162 PENNSYLVANIA AVE W | 7 POUNDS LLC | SMALL STRIP CENTER | $1,526,100 | 242 ft |
| 185 COMO AVE | NOU VANG | COMMERCIAL VACANT LAND | $34,200 | 280 ft |
| 629 RICE ST | HOLIDAY STATION STORES INC | CONVENIENCE STORE | $2,517,700 | 284 ft |
| 0 RICE ST | CHESEBROUGH PONDS INC | COMMERCIAL VACANT LAND | $205,800 | 293 ft |
| 0 PENNSYLVANIA AVE W | NAEGELE OUTDOOR ADVTISNG CO | INDUSTRIAL, VACANT LAND | $70,600 | 314 ft |
| 0 PENNSYLVANIA AVE W | RUSS DAVIS WHOLESALE INC | MANUFACTURING AND ASSEMBLY LIGHT | $12,574,700 | 363 ft |
| 620 RICE ST | YER M LOR CHENG LOR | AUTOMOTIVE SERVICE STATION | $357,800 | 374 ft |
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