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EXECUTIVE SUMMARY
Highlights and Features:
• Four main routes - Hwy 55, Hwy 3, Hwy 52 and I-494
• A growing community with new housing developments nearby
• 14 new housing plats have been approved in the city of Inver Grove Heights for a total of 1,101 new housing units (516 single-family, 585 multi-family)
• 2 buildings currently on site but can be demolished for development
• A portion of the land is gravel and sand
• Area Tenants: Target/Pharmacy, Starbucks, Iwa Sushi, Ideal Credit Union, Oyespa Salon | Spa, F45 Training, All Seasons PreSchool, Glassing Florist, Holiday Station Stores, McKeever Pet Dermatology Clinics, Inver Wood Golf Course, Inver Grove Heights Skate Park, Veterans Community Center, Inver Hills Community College
Totals Acres Available For Sale: 4.97 acres to 13.15 acres or 8.18 acres to 13.15 acres
• PID 20-00800-54-013: 4.97 acres, 216,493 sf
o 2025 Tax: $3,984
• PID 20-00800-54-014: 8.18 acres, 356,321 sf
o 2025 Tax: $8,392
• Currently zoned Agricultural/Residential
• Future zoning is Commercial - Retail, Office, Medical, Residential
• Sale Price: Negotiable
Demographics and Traffic Counts:
• Average Household Population: 1 mile - 898, 3 miles - 15,684, 5 miles - 65,148
• Average Household Income: 1 mile - $112,912, 3 miles - $103,115, 5 miles - $87,687
• Robert Trail S - 10,200 vpd, Highway 55 - 24,500 vpd, 80th St E - 5,600 vpd
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$10,376
|
$789.05
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,376
|
$789.05
|
FINANCIAL SUMMARY (ACTUAL - 2022)
| Taxes | |
|---|---|
| Annual | $10,376 |
| Annual Per AC | $789.05 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $10,376 |
| Annual Per AC | $789.05 |
PROPERTY FACTS
2 LOTS AVAILABLE
Lot
| Lot Size | 4.97 AC |
| Lot Size | 4.97 AC |
• PID 20-00800-54-013: 4.97 acres, 216,493 sf • 2025 Tax: $3,984 • PID 20-00800-54-014: 8.18 acres, 356,321 sf • 2025 Tax: $8,392
Lot
| Lot Size | 8.18 AC |
| Lot Size | 8.18 AC |
• PID 20-00800-54-013: 4.97 acres, 216,493 sf • 2025 Tax: $3,984 • PID 20-00800-54-014: 8.18 acres, 356,321 sf • 2025 Tax: $8,392
DESCRIPTION
Land For Sale - 13.15 Acres Highlights and Features: Four main routes include Hwy 55, Hwy 3, Hwy 494, and Hwy 52 A growing community with new housing developments nearby 3 buildings currently on site but can be demolished for development A portion of the land is gravel and sand PID: 20-00800-54-013 (4.97 acres, 216,493 sf) PID: 20-00800-54-014 (8.18 acres, 356,321 sf) Currently zoned Residential, future zoning is Commercial Area Tenants: Target/Pharmacy, Starbucks, Pizza Hut, Iwa Sushi, Ideal Credit Union, All Seasons PreSchool, Glassing Florist, Holiday Station Stores, Sure Lock, McKeever Dermatology Clinics, Inver Wood Golf Course, Nygaard Trucking Service, Inver Grove Heights Skate Park, Inver Grove Heights Market, Inver Hills Community College Demographics: 2018 Average Household Population: 1 mile - 898, 3 miles - 15,684, 5 miles - 65,148 2018 Average Household Income: 1 mile - $112,912, 3 miles - $103,115, 5 miles - $87,687 Traffic Counts: Robert Trail S - 10,200 vpd, Highway 55 - 24,500 vpd, 80th St E - 5,600 vpd
Presented by
1225 80th St E
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