1225 80th St E, Inver Grove Heights, MN

Land for Sale - $4,300,000 - 13.15 acres


Agent Info

Lisa Christianson
Christianson & Company CRES

Property Info

CIMLS#1078426
Location
  1225 80th St E
  Inver Grove Heights MN 55077
UpdatedDecember 11th, 2023
TypeLand
Price$4,300,000
Land13.15 acres

Property Description

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

Available For Sale: 13.15 Acres (572,814 sf)

2020 Tax: $9,290.00

Sale Price: $4,300,000.00


Financials



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