161 RONDO AVE

PID: 362923440005· 2 fields stubbed (see below)

Property Overview

Parcel ID362923440005

Lot Size161,608 sq ft (3.710 ac)

Lot Dimensions (est.)882 ft wide × 183 ft deep

Year Built1964

Property ClassHOTEL

OwnerCAPITOL RIDGE LLC

Assessed Value$12,648,900

Land Value$2,340,200

Building Value$10,308,700

Annual Tax—(stub)

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

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 ↗

Met Council Environmental Response FundMedium

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.

Permit History

50 permits on record since 2016 · $3.9M total declared value · Most recent: Dec 2024 (fire engineering)

Fire EngineeringDec 2024Issued

—

JOHNSON CONTROLS FIRE PROTECTION LP

Fire EngineeringJun 2023Finaled

—

JOHNSON CONTROLS FIRE PROTECTION LP

ElectricalMar 2023Finaled

$33K

JOHNSON CONTROLS FIRE PROTECTION LP

ElectricalApr 2022Finaled

$10K

GENE LEROUX /JEFF BORMES CC TODD PASEKA ONE WAY WIRELESS CONSTRUCTION INC

Billboard / SignApr 2022Active/Issued

$26K

Robert Olson Boo Doo Signs, Inc.

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

Neighborhood Profile

CapitolRiver Council · Saint Paul

Median reported rent767/mo

Renter-occupied97.3%

Median home value—

Vacancy rate9.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 337

Zoning

CACapitol Area Jurisdiction

Property History

Most Recent Sale

Date2014-10-22

Price$10,050,000

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
0 MARION ST	RONDO CLT 425 LLC	COMMERCIAL VACANT LAND	$544,300	212 ft
0 MARION ST	RONDO CLT 425 LLC	COMMERCIAL VACANT LAND	$943,800	375 ft
425 RICE ST	RONDO CLT 425 LLC	FULL-LINE DEPARTMENT STORE	$5,866,400	620 ft
395 JOHN IRELAND BLVD	STATE OF MINNESOTA	EXEMPT, OFFICE BUILDING	$26,105,200	788 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.