1225 80Th St Inver Grove Heights, MN 55077
- Commercial real estate
- 4.97 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1225 80Th St
- Lot size
- 4.97 lot acres
- Property type
- Commercial real estate
- APN
- 20-00800-54-013; 20-00800-54-014
Description
This exceptional 13.15-acre commercial land parcel in Inver Grove Heights, Minnesota, presents a unique redevelopment opportunity. Strategically located near major roadways including Highways 55, 3, 52, and I-494, this property boasts unparalleled accessibility. The site currently features three existing buildings, which can be demolished to facilitate new construction. The land itself comprises a mix of gravel and sand, adding to its development potential. The property is divided into two parcels: Parcel ID 20-00800-54-013 encompasses 4.97 acres (216,493 sq ft) with 2024 taxes of $3,474, while Parcel ID 20-00800-54-014 covers 8.18 acres (356,321 sq ft) and has 2024 taxes of $7,348. The area is experiencing significant growth, with 1,101 new housing units (516 single-family, 585 multi-family) approved for construction nearby. This surge in residential development creates a strong demand for commercial services and amenities. The property's current zoning is Agricultural/Residential, but future zoning will be Commercial – Retail, Office, Medical, and Residential, offering considerable flexibility for a wide range of development projects. The address is 1225 80th St E, Inver Grove Heights, MN 55077. The sale price is negotiable. This is an ideal investment for developers seeking to capitalize on the burgeoning growth of Inver Grove Heights and its prime location within a thriving community. Nearby established businesses include Target, Starbucks, and other local amenities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Inver Grove Heights
- County
- Dakota
- State
- Minnesota
- Longitude
- -93.0811456
- Latitude
- 44.8334588
