Overview

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)
• 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 Agricultural/Residential
• Future zoning is Commercial - Retail, Office, Medical, Residential
• 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 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


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
• 2024 Tax: $3,474.00

• PID 20-00800-54-014: 8.18 acres, 356,321 sf
• 2024 Tax: $7,348.00

• Sale Price: Negotiable

Documents

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