605 Highway 55 E Buffalo, MN 55313
Estimated payment $10,073/month
About This Lot
Outstanding 1.6+ acre development site on the best corner available in Buffalo with excellent visibility on Hwy 55. The previous structure has been demolished, the site is cleared, and new civil plans are completed. A site plan was previously approved for a 12,000 SF building. Located in a high-traffic area surrounded by national and regional tenants including Allina Clinic, Wells Fargo, DQ, and the new SouthPoint Financial Credit Union. Ideal for retail, office, or medical use. Bring your concept and capitalize on this high-exposure opportunity in one of Buffalo’s most desirable commercial corridors.
Property Details
Property Type
- Land
Est. Annual Taxes
- $26,000
Lot Details
- Lot Dimensions are 194x198x28x117x108x75x289
- Building or Site Plan Approved
- Zoning described as Business/Commercial
Community Details
- No Home Owners Association
- Kaysons 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 103198002010
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $29,368 | $559,900 | $559,900 | $0 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Price Changed | $1,500,000 | -6.3% | -- |
| 03/20/2025 03/20/25 | For Sale | $1,600,000 | -- | -- |
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 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $975,000 | Land Contract Argmt. Of Sale |
Source: NorthstarMLS
MLS Number: 6677201
APN: 103-198-002010
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