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    6050 Cahill Ave Inver Grove Heights, MN 55076

    For Sale
    $1,325,000

    Lots & Land - Inver Grove Heights, MN

    Lot size:
    6.03 Acres
    Days on Market:
    91
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 6050 Cahill Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Multi-Family
    APN
    200030026020
    Lot size
    6.03 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Results (952) 829-2900 [email protected]

    Listing agent David J Giblin (952) 829-2900

    Listing date Sep 12, 2025

    MLS# 6786688 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Inver Grove Heights Development Land

    This 6.03-acre property is located in northern Inver Grove Heights, Minnesota. The land has preliminary approval for the development of up to 220 apartment units. The property consists of two parcels, with the second lot situated on Carmen Avenue. The same family has owned the property for 48 years. Contractor for Deed terms are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Inver Grove Heights
    County
    Dakota
    State
    Minnesota
    Longitude
    -93.04303
    Latitude
    44.861014

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    FAQs

    What type of property is this?
    Residential land & home lot - 6.3 acres of land approved for 220 apartment units.
    Where is this residential land & home lot located?
    The property is located at 6050 Cahill Ave Inver Grove Heights, MN.
    What is the asking price?
    The asking price for this property is $1,325,000.
    What are key features of this property?
    This property features: - Development-ready 6.3 acres in prime Inver Grove Heights location.; - Preliminary approval for up to 220 apartment units.; - Includes 2 parcels, with one lot on Carmen Ave.
    (952) 829-2900
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6050 Cahill Ave Inver Grove Heights, MN 55076
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