235 MARSHALL AVE

PID: 362923430122· 2 fields stubbed (see below)

Property Overview

Parcel ID362923430122

Lot Size732,244 sq ft (16.810 ac)

Lot Dimensions (est.)1237 ft wide × 592 ft deep

Year Built1966

Property ClassEXEMPT PROP. OWNED BY STATE OF MN

OwnerST PAUL TECHNICAL COLLEGE

Assessed Value$57,752,400

Land Value$6,589,400

Building Value$51,163,000

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

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 ↗

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

Permit History

50 permits on record since 2018 · $6.0M total declared value · Most recent: Jun 2025 (mechanical)

MechanicalJun 2025Finaled

$4K

RICHARD MICHAEL NORTHLAND MECHANICAL CONTRS INC

Fire EngineeringJan 2025Issued

—

JOHNSON CONTROLS FIRE PROTECTION LP

PlumbingNov 2024Finaled

$6K

JEFF ULRICH NASSEFF MECHANICAL

Warm Air, Ventilation & General SheetNov 2024Finaled

$4K

JEFF ULRICH NASSEFF MECHANICAL

ElectricalSep 2024Finaled

$40K

HEIDI BAUER NAC MECHANICAL AND ELECTRICAL SERVICES

Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Summit-University Planning Council · Saint Paul

Median reported rent1,124/mo

Renter-occupied61.5%

Median home value$295K

Vacancy rate5.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 340

Zoning

RM2Medium-Density Multiple-Family Residential

Multi-family Residential 2 — medium-intensity apartment (5 stories max)

Typical Uses

·Mid-rise apartments
·Condominiums
·Assisted living
·Nursing homes

Max Height50 ft

Min Setbacks

Front

25 ft

Side

9 ft

Rear

25 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width1,227 ft

Buildable depth552 ft

Area~656,166 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 5-over-1 podium (12–50 units) benchmarks for 656,166 sqft buildable area.

Est. units

4801

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
0 MARSHALL AVE	STATE OF MINNESOTA	EXEMPT, VACANT LAND	$725,300	344 ft
285 MARSHALL AVE	ST PAUL TECHNICAL COLLEGE	EXEMPT PROP. OWNED BY STATE OF MN	$71,700	435 ft
256 MARSHALL AVE	CASEY CAPITAL III LLC	APARTMENTS 7-19 RENTAL UNITS	$1,026,300	502 ft
262 MARSHALL AVE	262 MARSHALL PARTNERSHIP	APARTMENTS 4-6 RENTAL UNITS	$643,100	503 ft
250 MARSHALL AVE	GRAND AVE PORTFOLIO LLC	APARTMENTS 7-19 RENTAL UNITS	$780,400	509 ft
244 MARSHALL AVE 6	PATRICIA A MCELHONE	CONDO	$222,800	538 ft
244 MARSHALL AVE 2	JULIUS A COOK JR LANA M COOK	CONDO	$207,600	538 ft
244 MARSHALL AVE 16	FREDERICK MATTHEW KRAMER	CONDO GARAGE	$500	538 ft
244 MARSHALL AVE 9	REJUV A HOME	CONDO GARAGE	$6,200	538 ft
244 MARSHALL AVE 10	FREDERICK MATTHEW KRAMER	CONDO GARAGE	$500	538 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.