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.
1 permit on record since 2023 · Most recent: May 2023 (building permit)
NEW LIFE CONTRACTING INC
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 327
Residential — medium-density multi-unit housing (up to 5 units)
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 sfr / adu benchmarks for 500 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 330 SHERBURNE AVE | MATTHEW LEE | TWO FAMILY DWELLING - UP/DWN | $221,200 | 25 ft |
| 336 SHERBURNE AVE | DRB#24 LLC | SINGLE FAMILY DWELLING, PLATTED LOT | $230,500 | 37 ft |
| 342 SHERBURNE AVE | VAN MINH NGUYEN | SINGLE FAMILY DWELLING, PLATTED LOT | $296,300 | 87 ft |
| 505 FARRINGTON ST | SHAWN BAXTER | TWO FAMILY DWELLING - UP/DWN | $386,800 | 96 ft |
| 333 UNIVERSITY AVE W | P&G YAMTHONGKAM PROPERTIES LLC | RESTAURANT AND/OR BAR | $1,174,500 | 106 ft |
| 346 SHERBURNE AVE | KATHERINE WALETSKI | SINGLE FAMILY DWELLING, PLATTED LOT | $135,000 | 140 ft |
| 498 VIRGINIA ST | WUNG LEE THAO | COMMERCIAL VACANT LAND | $37,000 | 140 ft |
| 341 UNIVERSITY AVE W | OLA AND ASSOCIATES LLC | OFFICE BUILDING 1-2 STORIES | $629,400 | 147 ft |
| 0 VIRGINIA ST | WUNG LEE THAO MAI KHANG | COMMERCIAL VACANT LAND | $24,100 | 148 ft |
| 0 VIRGINIA ST | SNJ LLC | COMMERCIAL VACANT LAND | $34,100 | 158 ft |