Shovel-ready development opportunity available. Plat and development plan approved for 15 townhome units by the city of Bloomington. --> Seller has removed existing structures and completed a rough grade of the lot. Sale includes 8525 + 8545 Penn Ave (PIDs: 04-027-24-33-0002 & 04-027-24-33-0001). Site comes with entitlement, all civil and architectural plans, survey and geotechnical report.
Active
Price cut: $155K (7/15)
$995,000
8545 Penn Ave S, Bloomington, MN 55431
--beds
--baths
0.99Acres
Unimproved Land
Built in ----
0.99 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 159 days
- on Zillow |
- 170 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 15, 2025 at 07:03am
Listed by:
Tim Murphy 952-223-0999,
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6641244

Travel times
Facts & features
Property
Lot
- Size: 0.99 Acres
- Dimensions: 329 x 270 x 284 x 266
- Topography: Level
Details
- Parcel number: 0402724330001
- Zoning description: Residential-Single Family
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Natural Gas Available, Sewer Available, Storm Sewer Available, Underground Utilities Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Bloomington
Financial & listing details
- Tax assessed value: $161,400
- Annual tax amount: $2,057
- Date on market: 2/26/2025
- Inclusions: None
- Electric utility on property: Yes
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