Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    720 Bluff Ave Shakopee, MN 55379

    For Sale
    $247,500

    Lots & Land - Shakopee, MN

    Lot size:
    0.52 Acres
    Days on Market:
    85
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 720 Bluff Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    TBD
    Lot size
    0.52 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Advantage Plus (952) 226-7700 [email protected]

    Listing agent Thomas Scott (952) 226-7700

    Listing date Sep 12, 2025

    MLS# 6780412 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

    Shakopee Development Opportunity: Prime Corner Lot

    This corner lot is located at Bluff Avenue and Market Street in downtown Shakopee. The property, zoned B-1 Highway Business, is over 0.5 acres (159x142) and has alley access and visibility. It allows for a variety of uses, including multi-family housing with the potential for up to 30 units and building heights up to 45 feet, mixed-use development combining residential with retail or office space, or office and medical buildings. The property currently includes a small older home in need of repair, a garage, and established utility access. The value is in the land and its development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Shakopee
    County
    Scott
    State
    Minnesota
    Longitude
    -93.517851
    Latitude
    44.800433

    Nearby Similar for Sale

    • $400,000
      0.09 Acres

      Prime Retail Space in Shakopee

      Retail space in the heart of Shakopee's Historic Downtown District.
      232 1St Ave E, Shakopee, MN 55379
      View Details
    • $1,786,960
      7,136 SF

      Shakopee Montessori School Investment Opportunity

      NNN leased Montessori school in growing Shakopee, MN suburb.
      3150 Eagle Creek Blvd, Shakopee, MN 55379
      View Details
    • $274,900

      Shakopee Townhome with Heated Garage

      Well-maintained 3-bedroom, 2-bathroom townhome with updated features and convenient location.
      1913 Downing Ave, Shakopee, MN 55379
      View Details
    • $298,000
      1,511 SF

      Corner Unit Townhome with Basement

      Corner unit townhome with full basement and open floor plan.
      2224 Quarry Ln, Shakopee, MN 55379
      View Details
    • $339,000

      Spacious Townhome with Finished Lower

      Move-in ready 4BR/3BA townhome with finished lower level.
      726 Regent Dr, Shakopee, MN 55379
      View Details
    • $300,000
      1,514 SF

      End-Unit Townhome with Vaulted Living

      Spacious townhome featuring abundant natural light and private patio.
      1635 Delaney Ln, Shakopee, MN 55379
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime downtown Shakopee corner lot with versatile development potential.
    Where is this commercial land located?
    The property is located at 720 Bluff Ave Shakopee, MN.
    What is the asking price?
    The asking price for this property is $247,500.
    What are key features of this property?
    This property features: - Prime downtown Shakopee location at the corner of Bluff Avenue and Market Street.; - Large corner lot (over ½ acre, 159x142) with alley access and great visibility.; - Zoned B-1 Highway Business, allowing for a wide variety of uses.
    (952) 226-7700
    Request Owner's contact information
    720 Bluff Ave Shakopee, MN 55379
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    720 Bluff Ave
    Shakopee, MN 55379
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    720 Bluff Ave Shakopee, MN 55379
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.