$247,500

720 Bluff Ave E Shakopee, MN 55379

Estimated payment $1,524/month

Total Views 191,785
0.52 Acre
$475,962 Price per Acre
22,651 Sq Ft Lot

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!

Listing Agent

Thomas Scott

RE/MAX Advantage Plus Listed on: 08/28/2025

RE/MAX Advantage Plus

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

Property Details

Property Type

Land

Est. Annual Taxes

$2,406

Listing Details

  • Type: Land
  • Development Status: Other
  • FractionalOwnershipYN: No
  • Improvements: Paved Streets
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Platted
  • Basement YN: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Shakopee
  • SchoolDistrictPhone: 9524965006

Lot Info

  • Topography: Level
  • Lot Size: 159x142
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Business/Commercial
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly
  • All Program Acres: 0

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: TBD
  • Tax Annual Amount: 2406
  • TaxWithAssessments: 2406

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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
Source: Public Records

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 -- --
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

About the Listing Agent

Thomas Scott

RE/MAX Advantage Plus

(612) 351-6098

Section Image

#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:

I’m

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Source: NorthstarMLS

MLS Number: 6780412

NorthstarMLS

APN: 27-004-058-0

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