509 UNIVERSITY AVE W

PID: 362923230116· 2 fields stubbed (see below)

Property Overview

Parcel ID362923230116

Lot Size4,356 sq ft (0.100 ac)

Lot Dimensions (est.)40 ft wide × 109 ft deep

Year Built1932

Property ClassSMALL (UNDER 10,000 SF) DET. RETAIL

OwnerMARK C POLSKI TR

Assessed Value$533,400

Land Value$104,000

Building Value$429,400

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

T2Traditional Neighborhood

Traditional Neighborhood 2 — moderate mixed-use corridor

Typical Uses

·Retail
·Restaurants
·Residential above ground floor
·Small office

Max Height45 ft

Min Setbacks

Front

0–10 ft

Property History

Most Recent Sale

Date2004-08-30

Price$110,000

Type—

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
507 UNIVERSITY AVE W	SAMANTHA HO CAO	MANUFACTURING AND ASSEMBLY LIGHT	$476,200	40 ft
501 UNIVERSITY AVE W	5-6 HLS LLC	RESTAURANT AND/OR BAR	$670,500	80 ft
519 UNIVERSITY AVE W	ARS PARTNERSHIP LLP	MIXED RETAIL/COMMERCIAL	$1,073,700	120 ft
508 SHERBURNE AVE	BINH KIM HO THIEN VAN TRAN	SINGLE FAMILY DWELLING, PLATTED LOT	$194,400	129 ft
506 SHERBURNE AVE	COLTON WERNER	SINGLE FAMILY DWELLING, PLATTED LOT	$168,300	135 ft
514 SHERBURNE AVE	MINNESOTA LG	SINGLE FAMILY DWELLING, PLATTED LOT	$164,700	135 ft
518 SHERBURNE AVE	ALISSA K RUTHERFORD	SINGLE FAMILY DWELLING, PLATTED LOT	$198,100	151 ft
500 SHERBURNE AVE	EVEY PROPERTIES INC	APARTMENTS 4-6 RENTAL UNITS	$678,500	152 ft
522 SHERBURNE AVE	QUALITY RESIDENCES LLC	SINGLE FAMILY DWELLING, PLATTED LOT	$163,600	175 ft
526 SHERBURNE AVE	TUAN CAO HOANG	SINGLE FAMILY DWELLING, PLATTED LOT	$172,800	205 ft

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