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.
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
Traditional Neighborhood 2 — moderate mixed-use corridor
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 |
|---|---|---|---|---|
| 259 UNIVERSITY AVE W | 259 UNIVERSITY AVENUE LLC | OFFICE BUILDING 1-2 STORIES | $667,300 | 44 ft |
| 253 UNIVERSITY AVE W | ST PAUL HRA | EXEMPT PROP. OWNED BY MUNICIPALS | $233,400 | 47 ft |
| 263 UNIVERSITY AVE W | ST PAUL HRA | EXEMPT, VACANT LAND | $127,000 | 86 ft |
| 256 SHERBURNE AVE 1 | HOUSING & REDEV AUTH OF CITY OF ST PAUL | EXEMPT PROP. OWNED BY MUNICIPALS | $80,000 | 126 ft |
| 250 SHERBURNE AVE | ST PAUL HRA | EXEMPT, VACANT LAND | $120,000 | 135 ft |
| 262 SHERBURNE AVE | ST PAUL HRA | EXEMPT, VACANT LAND | $288,000 | 153 ft |
| 277 UNIVERSITY AVE W | VIETNAMESE SOCIAL SERVICES OF MN INC | EXEMPT, OFFICE BUILDING | $616,000 | 190 ft |
| 276 SHERBURNE AVE | NHIATENG STEPHEN HERR ZOE LEE HERR | TWO FAMILY DWELLING - UP/DWN | $273,500 | 233 ft |
| 225 UNIVERSITY AVE W | HMONG MN PROFESSIONALS LLC | MIXED RETAIL/COMMERCIAL | $2,681,500 | 273 ft |
| — | Unknown | — | — | 280 ft |