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1225 80th St E 4.97 - 8.18 Acre Commercial Land Lots in Inver Grove Heights, MN 55077
Executive Summary
The surrounding area is experiencing significant growth, with14 new housing plats approved in the city, totaling over1,100 new housing units. Nearby amenities include Target, Starbucks, fitness centers, restaurants, and community services, ensuring strong consumer traffic and workforce accessibility. Two existing buildings on-site can be demolished to accommodate new construction. A portion of the land consists of gravel and sand, which may provide additional development flexibility.
This site is ideal for developers and investors seeking a well-located property in a growing community with strong demographics and high visibility along major corridors.
Financial Summary (Actual - 2026) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$10,376
|
$789.05
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,376
|
$789.05
|
Financial Summary (Actual - 2026)
| 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 |
2026 Tax: $4,152
Lot
| Lot Size | 8.18 AC |
| Lot Size | 8.18 AC |
2026 Tax: $8,818
Description
Land For Sale - 13.15 Acres Contiguous 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 2026 Tax: $4,152 • PID 20-00800-54-014: 8.18 acres, 356,321 sf o 2026 Tax: $8,818 • Currently zoned Agricultural/Residential • Future zoning is Commercial - Retail, Office, Medical • 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
Property Taxes
| Parcel Numbers | Total Assessment | $1,054,300 (2024) | |
| Land Assessment | $463,400 (2024) | Annual Taxes | $10,376 |
| Improvements Assessment | $590,900 (2024) | Tax Year | 2026 |
Property Taxes
Presented by
1225 80th St E
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