720 Bluff Ave E Shakopee, MN 55379
Estimated payment $1,489/month
About This Lot
Prime Development Opportunity in Downtown Shakopee! Don’t miss this excellent corner lot located at Bluff Avenue and Market Street in the heart of Shakopee. With over 1⁄2 acre (159x142), alley access, and great visibility, this site offers endless potential. Zoned B-1 Highway Business, the property allows for a wide variety of uses. Possibilities include multi-family housing with potential for up to 30 units and building heights up to 45 feet, mixed-use development combining residential with retail or office space, or office and medical buildings. Businesses will also benefit from the highly visible and easily accessible location. The property currently features a small older home in need of repair, a garage, and established utility access. With its size, zoning flexibility, and prime downtown location, the true value is in the land and its development potential. Bring your business, development, or multi-family ideas to this outstanding site and take advantage of one of Shakopee’s most versatile opportunities!
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,406
Lot Details
- Lot Dimensions are 159x142
- Zoning described as Business/Commercial
Community Details
- No Home Owners Association
- East Shakopee Subdivision
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 | $2,406 | $255,200 | $158,100 | $97,100 |
| 2024 | $2,420 | $247,500 | $158,100 | $89,400 |
| 2023 | $2,722 | $238,100 | $152,100 | $86,000 |
| 2022 | $2,502 | $261,000 | $152,100 | $108,900 |
| 2021 | $2,102 | $211,100 | $127,300 | $83,800 |
| 2020 | $2,230 | $197,900 | $114,000 | $83,900 |
| 2019 | $2,134 | $186,800 | $100,200 | $86,600 |
| 2018 | $1,832 | $0 | $0 | $0 |
| 2016 | $1,636 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/02/2026 01/02/26 | For Sale | $247,500 | 0.0% | -- |
| 01/01/2026 01/01/26 | Off Market | $247,500 | -- | -- |
| 09/03/2025 09/03/25 | Price Changed | $247,500 | -10.0% | -- |
| 08/28/2025 08/28/25 | For Sale | $275,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
About the Listing Agent
#1 Shakopee Selling Realtor
I have been a licensed Realtor since 2001 and licensed Broker since 2010. In that time I have closed nerly 1100 homes.
#1 Shakopee Real Estate Agent. Over 525 Homes Sold In Shakopee Since 2001
Why Work With Me
I believe real estate isn’t about sales, it’s about trust, guidance, and building long-term relationships. I’m honest, transparent, and direct in everything I do, whether I’m working with buyers or sellers.
For buyers:
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Source: NorthstarMLS
MLS Number: 6780412
APN: 27-004-058-0
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