966 Mississippi River BlvdSaint Paul, MN 55116

  • Commercial land
  • 0.63 AC

Property Details for 966 Mississippi River Blvd

Lot size
0.63 AC
Property type
Commercial land
APN
17-28-23-11-0113
APU
172823110113

Description

This exceptional 7.36-acre parcel presents a unique residential development opportunity within the vibrant Highland Bridge project in Saint Paul, Minnesota. Located at 966 Mississippi River Blvd, this land, encompassing APNs 17-28-23-13-0018, 17-28-23-13-0017, 17-28-23-42-0004, 17-28-23-42-0007, 17-28-23-42-0006, 17-28-23-42-0010, and 17-28-23-42-0009, is zoned F-1, F-2, and F-3, allowing for the construction of approximately 150-160 rowhomes. Situated within the 121-acre Highland Bridge redevelopment (former Ford site), this property benefits from its proximity to the Mississippi River and the planned amenities of this expansive mixed-use development. These amenities include over 3,000 residential units, 265,000 square feet of office space, 150,000 square feet of retail space (including a recently opened Lunds and Byerlys), and 55 acres of meticulously planned parks and open spaces. The parks feature playgrounds, pickleball and basketball courts, a dog park, skate park, sand volleyball courts, and dedicated pedestrian and bike paths connecting to the Mississippi River trail system. A central water feature with public gathering areas and extensive landscaping further enhances the appeal of this location. The property's western location places it ideally between new public gathering spaces and the Mississippi River Parkway, offering residents an unparalleled urban lifestyle. The development also includes Highland Little League fields and a new home for the University of St. Thomas Baseball and Softball programs. This is a rare opportunity to be part of a thriving, master-planned community in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,784,249
    Hospitality
    $5,298,341
    Educational
    $4,408,158
    Medical
    $4,559,761
    Retail
    $6,857,134

Location Insight

City
Saint Paul
County
Ramsey
State
Minnesota
Latitude
44.9163
Longitude
-93.1907
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,492
$444,000
-
$444,000
-
$444,000
-
$444,000

FAQs

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