11 months on rocket

1714 80th St E, Inver Grove Heights, MN, 55077

$3,000,000

Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #6365787
StatusActive

About 1714 80th St E

Incredible opportunity to secure this 10.6 acre lot in a prime Inver Grove Heights location! This lot is currently zoned for light industrial or office and has an existing house but the value here is in the land and all its possibilities! This location would make a prime location for any light industrial business or a commercial office space with its convenient proximity to Hwy 52 and Hwy 55 with easy access to downtown Minneapolis, just 15 miles away and MSP airport, just 9 miles away. This highly visible location also sees a ton of daily through traffic including: Hwy 52 - 32,836 daily traffic count and Hwy 55 - 24,500 daily traffic count! Other businesses in the area include a community center, retail shopping, various light industrial businesses, multifamily housing developments and a great golf course right across the street! The business possibilities are endless with this lot so bring your plans and schedule your site visit today!

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Results

School Info

Assigned Schools Information:

  • Simley High School, Public District Grades 9-12
  • Inver Grove Heights Middle School, Public District Grades 6-8
  • Pine Bend Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: Head south on I-35W S., Take MN-62 E to MN-55 E/Hwy 55 E in Mendota Heights, Continue on MN-55 E/Hwy 55 E. Drive to 80th St E in Inver Grove Heights

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,000,000

Tax Information:

  • Annual Amount: $7,908
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Inver Grove Heights, MN.

Med. Sold Price

$371.4K

Med. Price/SqFt

$188

Avg. Days On Market

45

# of Sold Homes

27

1714 80th St E vs Inver Grove Heights

351 DAYS ON ROCKET

+306 Days

$3,000,000

+$2.6M More

KEY TAKEAWAY

This property is $2.6M more than the Median Sold Price in Inver Grove Heights, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6365787

Listing Office:

  • Office Name: RE/MAX Results

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Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,908$661,300
2019$7,838$653,400
2018$7,898$618,100
2017$7,228$570,400

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,061

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5116757
5
/10
  • Pine Bend Elementary

  • 9875 Inver Grove Trl

  • 2.44 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5116758
3
/10
  • Inver Grove Heights Middle School

  • 8167 Cahill Ave

  • 1.28 miles

  • Public District Grades 6-8

High School

school-card-donut-5116759
3
/10
  • Simley High School

  • 2920 80th St E

  • 1.20 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $120,161. Typical income of Inver Grove Heights, MN residents is between $100k-200k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1714 80th St E

What is the listing price of this property?

The listing price of 1714 80th St E property is $3,000,000.

What type of property is this?

The property 1714 80th St E is land located in Inver Grove Heights, Minnesota, 55077.

Is this property for sale now?

Active Listing: 1714 80th St E is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1714 80th St E are:
Pine Bend Elementary: GreatSchools Rating 5/10
Inver Grove Heights Middle School: GreatSchools Rating 3/10
Simley High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,908 (source: MLS/based on county public records data).
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Rocket HomesMinnesotaDakota CountyInver Grove Heights550771714 80th St E

This home is located at 1714 80th St E in Inver Grove Heights, MN and zip code 55077. It has been listed on Rocket Homes since May 17, 2023 and is currently priced at $3,000,000.

In April 2024 more than 8 listings in Inver Grove Heights, MN were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 14 were sold below. Between March 2024 and April 2024, Inver Grove Heights, MN real estate market has seen increase in the number of listings by 19.5%. While the average time on the market in April 2024 was 45 days, the median list price was $371,495.

From Rocket Homes Real Estate and based on county public records data.

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