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Executive Summary

Total 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
Highlights & 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)
• Two 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
Demographics
• Average Household Population: 1 mile - 2,651, 3 miles - 14,358, 5 miles - 41,438
• Average Household Income: 1 mile - $185,116, 3 miles - $163,487, 5 miles - $147,929
Traffic Counts
• Highway 55: 36,629 VPD
• Robert Trail S: 11,422 VPD
• 80th St E: 5,703 VPD

Financial Summary (Actual - 2026)

Annual (CAD) Annual Per AC (CAD)
Taxes $14,483 $1,101.33
Operating Expenses - -
Total Expenses $14,483 $1,101.33

Financial Summary (Actual - 2026)

Taxes (CAD)
Annual $14,483
Annual Per AC $1,101.33
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $14,483
Annual Per AC $1,101.33

Property Facts

Sale Type Investment or Owner User
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Multifamily
  • Medical
  • Single Family Development
Total Lot Size 13.15 AC
Zoning Ag/Residential - Currently zoned Agricultural/Residential Future zoning is Commercial - Retail, Office, Medical, Residential

2 Lots Available

Lot

Lot Size 4.97 AC

2026 Tax: $4,152

Lot

Lot Size 8.18 AC

2026 Tax: $8,818

Description

Land For Sale - 13.15 Acres Contiguous Total 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 Highlights & 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) • Two 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 Demographics • Average Household Population: 1 mile - 2,651, 3 miles - 14,358, 5 miles - 41,438 • Average Household Income: 1 mile - $185,116, 3 miles - $163,487, 5 miles - $147,929 Traffic Counts • Highway 55: 36,629 VPD • Robert Trail S: 11,422 VPD • 80th St E: 5,703 VPD

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 20-00800-54-014
  • 20-00800-54-013
Land Assessment
$665,643 CAD (2025)
Improvements Assessment
$878,358 CAD (2025)
Total Assessment
$1,544,001 CAD (2025)
Annual Taxes
$14,483 CAD
Tax Year
2026
  • Listing ID: 20558570

  • Date on Market: 2020-08-07

  • Last Updated:

  • Address: 1225 80th St E, Inver Grove Heights, MN 55077

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