532 SHERBURNE AVE

PID: 362923230104· 3 fields stubbed (see below)

Property Overview

Parcel ID362923230104

Lot Size4,792 sq ft (0.110 ac)

Lot Dimensions (est.)40 ft wide × 119 ft deep

Year Built—(stub)

Property ClassRESIDENTIAL, VACANT LAND, LOT

OwnerRAJESH K GANDHI CHRISTINA M.O. GANDHI

Assessed Value$25,000

Land Value$25,000

Building Value$0

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

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 ↗

Potential programs

Saint Paul STAR Grants & LoansMedium

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 ↗

LIHTC 30% Basis BoostMedium

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 ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Saint Paul open data for this parcel.

Neighborhood Profile

Frogtown Neighborhood Association · Saint Paul

Median reported rent1,185/mo

Renter-occupied47.6%

Median home value$154K

Vacancy rate14.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 326

Zoning

H2Residential

Residential — medium-density multi-unit housing (up to 5 units)

Typical Uses

·Apartment buildings (up to 5 units)
·Duplexes
·Townhomes

Max Height39 ft

Min Setbacks

Front

10 ft

Side

5 ft

Rear

10 ft

Development Potential

Setbacks

Front10 ft

Side (each)5 ft

Rear10 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth99 ft

Area~2,064 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,064 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
536 SHERBURNE AVE	SAMANTHA RIPPLEY	SINGLE FAMILY DWELLING, PLATTED LOT	$131,800	30 ft
530 SHERBURNE AVE	RAS ENTERPRISES LLC	TWO RESIDENCES ON ONE PARCEL	$216,000	40 ft
538 SHERBURNE AVE	ANTHONY W. PIPKIN	SINGLE FAMILY DWELLING, PLATTED LOT	$128,800	50 ft
526 SHERBURNE AVE	TUAN CAO HOANG	SINGLE FAMILY DWELLING, PLATTED LOT	$172,800	80 ft
540 SHERBURNE AVE	JOWHAR YUSSUF AYNIA ABDELLA	SINGLE FAMILY DWELLING, PLATTED LOT	$312,700	80 ft
544 SHERBURNE AVE	VU PROPERTIES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$166,300	120 ft
522 SHERBURNE AVE	QUALITY RESIDENCES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$163,600	120 ft
0 UNIVERSITY AVE W	ARS PARTNERSHIP LLP	COMMERCIAL VACANT LAND	$207,300	130 ft
518 SHERBURNE AVE	ALISSA K RUTHERFORD	SINGLE FAMILY DWELLING, PLATTED LOT	$198,100	160 ft
550 SHERBURNE AVE	SARDAR A SALAM MARGINA BEGUM	SINGLE FAMILY DWELLING, PLATTED LOT	$267,800	160 ft

Property History

Most Recent Sale

Date2024-02-22

Price$42,000

Type—

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory, taxAmount, yearBuilt. See README for details on which sources are live vs. stubbed.