$1,600,000

605 Highway 55 E Buffalo, MN 55313

Estimated payment $10,658/month

Total Views 28,970
1.65 Acres
$969,697 Price per Acre
71,874 Sq Ft Lot

About This Lot

Best available corner lot on Hwy 55 in Buffalo, over 1.6 acres. Great development site/built to suit or land sale. Building has been demolished. New civil plans are completed. Bring your concept. Site plan has been approved for 12,000 sq ft bldg. High traffic area due to Allina Clinic, Wells Fargo, DQ, new credit union and other national tenants nearby.

Last Listed By

Jim DiOrio

RE/MAX Advantage Plus Listed on: 03/20/2025

RE/MAX Advantage Plus

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,000

Year Built

  • 1960

Lot Details

  • Lot Dimensions are 194x198x28x117x108x75x289
  • Building or Site Plan Approved

Community Details

  • No Home Owners Association
  • Kaysons 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 103198002010

Property Details

Property Type

Land

Est. Annual Taxes

$26,000

Year Built

1960

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Site Plan Approved
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Curbs,Paved Streets,Public Road,Shared Driveway,Storm Sewer
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Year Built: 1960

Interior Features

  • Inclusions: Soil Test Available,Survey

Utilities

  • Utilities: None Connected, Electricity Available, Natural Gas Available, Sewer Available, Storm Sewer Available, Underground Utilities Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Buffalo-Hanover-Montrose
  • SchoolDistrictNumber: 877
  • SchoolDistrictPhone: 763-682-8707

Lot Info

  • Topography: Level
  • Lot Size: 194x198x28x117x108x75x289
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Business/Commercial
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 103198002010
  • Tax Annual Amount: 26000
  • TaxWithAssessments: 26000.0000

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $26,000 $1,048,600 $640,900 $407,700
2023 $23,328 $974,300 $586,000 $388,300
2022 $25,212 $815,000 $426,700 $388,300
2021 $25,376 $777,500 $404,100 $373,400
2020 $24,190 $777,500 $404,100 $373,400
2019 $23,850 $715,000 $0 $0
2018 $24,040 $705,300 $0 $0
2017 $24,226 $705,300 $0 $0
2016 $24,252 $0 $0 $0
2015 $24,328 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 For Sale $1,600,000 -- --
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $975,000 Central Land Ttl Guarantee C
Land Contract $975,000 Central Land Ttl Guarantee C
Warranty Deed $550,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $975,000 Land Contract Argmt. Of Sale
Closed -- Land Contract Argmt. Of Sale
Source: Public Records

Source: NorthstarMLS

MLS Number: 6677201

NorthstarMLS

APN: 103-198-002010