Back 720 Bluff Avenue East
Off Market

720 Bluff Avenue East

Shakopee MN 55379

0.52 ac.
Land
Last sold for $260,000
Tom ScottTom Scott, last sold this property on 11 June 2026 after 286 days on market.

Overview

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 ½ 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!

Features

0.52 ac. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Shakopee over the last 12 months, the estimated median property value of 720 Bluff Avenue East is $395k.

Median value
$395k
Estimated value range
$129k - $5.5m
Median days on market
190
Estimated value trend
-12%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Shakopee. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 720 Bluff Avenue East

2026
Sold
$260,000
11 Jun 2026 by Tom Scott, of REMAX Advantage Plus | Shakopee

Happy sellers in Shakopee

94%
94% of sellers in Shakopee reported that their sale price either exceeded or met their price expectations.

Shakopee stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Shakopee over the last 12 months.

Local market activity for land plots in Shakopee

In the last 12 months, 7 land plots similar to 720 Bluff Avenue East, have been sold.

This represents a 13% increase in land plots sales when compared to the previous 12 months.

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