Commercial

Forest Lake, MN Commercial Land for Sale

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Commercial Land at Highway Intersection
Updated: Nov 19, 2025
Commercial Land at Highway Intersection

Forest Boulevard N, Forest Lake, MN 55025

$699,000
3.03 AC lot
3+ acres on the northeast corner of the Hwy 61 and Hwy 8 intersection
Zoned B3 with permitted uses including restaurant, C‑store/service station, retail, office/medical, and taproom/distiller
Also permitted for light industrial, storage units, and other uses (as listed)
Traffic count stated: 34,200 vehicles pass the intersection of Hwy 8 and Hwy 61 every day
Cable available
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Undeveloped Lot in Business District
Updated: Jan 2, 2025
Undeveloped Lot in Business District

932 W Broadway Avenue, Forest Lake, MN 55025

$275,000
0.45 AC lot
Last undeveloped lot on Broadway.
B‑2 Highway business district zoning.
High visibility location.
Located in the heart of Forest Lake's business district.
Heavily traveled West Broadway corridor location.
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Commercial Build Site with Utilities
Commercial Build Site with Utilities

14925 Hornsby Street NE, Forest Lake, MN 55025

$1,500,000
20.47 AC lot

20.47-acre commercial land parcel offers water and sewer at the road and natural gas on-site for an easy development start.

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Prime Forest Lake Land Parcel
Prime Forest Lake Land Parcel

134 Lake Street North, Forest Lake, MN 55025

$125,000

High-visibility land in Forest Lake, surrounded by retail and restaurants.

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Commercial Land Parcel
Commercial Land Parcel

9500 145th Avenue NE, Forest Lake, MN 55025

$350,000

For sale commercial land parcel at 9500 145th Avenue NE in Forest Lake, MN.

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34 Acres General Business Land
34 Acres General Business Land

9613 145th Ave NE, Forest Lake, MN 55025

$1,995,000
34.00 AC lot

34 acres of general business-zoned land in Forest Lake, MN.

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Prime Land Downtown Forest Lake
Prime Land Downtown Forest Lake

20-32 Lake St S, Forest Lake, MN

Contact for pricing
0.85 AC lot

Two parcels totaling approximately 0.85 acres in downtown Forest Lake.

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24.49 Acres Development Land
24.49 Acres Development Land

190th St N & Forest Rd N, Forest Lake, MN

$1,200,000
24.49 AC lot

Prime land with significant development potential near Tanners Brook.

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Commercial Property on High-Traffic Highway
Commercial Property on High-Traffic Highway

6641 Lake Boulevard, Forest Lake, MN 55025

$850,000
2,000 sqft 2.70 AC lot

2.7 acres with 2,000' building on high-traffic corner.

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Available Greenfield Land Opportunity
Available Greenfield Land Opportunity

Headwaters Pkwy, Forest Lake, MN

Contact for pricing
123.00 AC lot

Up to 123 acres of shovel-ready land for sale.

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Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 10 Active listings in Forest Lake, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Land Available Near Fairview Hospital
Land Available Near Fairview Hospital

26237 Forest Boulevard, Wyoming, MN 55092

$449,000
1.43 AC lot

1.43 acre commercial land with redevelopment potential near I-35.

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Highway Commercial Land For Sale
Highway Commercial Land For Sale

14946 Hornsby St NE, Columbus, MN

$4,057,225
11.79 AC lot

11.79 acres of highway commercial land with I-35 frontage.

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Columbus Land Parcel For Sale
Columbus Land Parcel For Sale

137th Ave NE & Waldoch Way, Columbus, MN

$2,125,000
15.88 AC lot

Land parcel zoned C/I, outdoor storage allowed with permit.

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11.5 Acres Commercial Land I-35
11.5 Acres Commercial Land I-35

26838 Fallbrook Ave N, Wyoming, MN

$1,400,000
11.50 AC lot

11.5 acres of commercial land near I-35.

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Off-Market Properties in Forest Lake, MN

Consider similar Off-Market properties in Forest Lake, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

19839 Headwaters N Blvd
VACANT COMMERCIAL LAND

19839 Headwaters N Blvd, Forest Lake, MN 55025-4900

$650,000
Estimated value
View details
932 Broadway Ave
VACANT COMMERCIAL LAND

932 Broadway Ave, Forest Lake, MN 55025-1411

Value Estimation by Request
672 sqft 0.46 AC lot
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556 Lk S St
VACANT COMMERCIAL LAND

556 Lk S St, Forest Lake, MN 55025-2609

Value Estimation by Request
0.17 AC lot
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7 6th NE Ave
VACANT COMMERCIAL LAND

7 6th NE Ave, Forest Lake, MN 55025-1243

Value Estimation by Request
3,830 sqft 0.52 AC lot
View details
531 Lk S St
VACANT COMMERCIAL LAND

531 Lk S St, Forest Lake, MN 55025-2610

Value Estimation by Request
0.15 AC lot
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555 Lk S St
VACANT COMMERCIAL LAND

555 Lk S St, Forest Lake, MN 55025-2610

Value Estimation by Request
0.15 AC lot
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7 4th NW Ave
VACANT COMMERCIAL LAND

7 4th NW Ave, Forest Lake, MN 55025-1138

Value Estimation by Request
948 sqft 0.17 AC lot
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519 Lk S St
VACANT COMMERCIAL LAND

519 Lk S St, Forest Lake, MN 55025-2610

Value Estimation by Request
0.18 AC lot
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408 Lk S St
VACANT COMMERCIAL LAND

408 Lk S St, Forest Lake, MN 55025-2608

Value Estimation by Request
0.28 AC lot
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319 Shr Dr
VACANT COMMERCIAL LAND

319 Shr Dr, Forest Lake, MN 55025-1213

Value Estimation by Request
1,080 sqft 0.10 AC lot
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307 Shr Dr
VACANT COMMERCIAL LAND

307 Shr Dr, Forest Lake, MN 55025-1213

Value Estimation by Request
1,232 sqft 0.09 AC lot
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355 Shr Dr
VACANT COMMERCIAL LAND

355 Shr Dr, Forest Lake, MN 55025-1213

Value Estimation by Request
0.27 AC lot
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355 Shr Dr
VACANT COMMERCIAL LAND

355 Shr Dr, Forest Lake, MN 55025-1213

Value Estimation by Request
0.28 AC lot
View details
20 Lk S St
VACANT COMMERCIAL LAND

20 Lk S St, Forest Lake, MN 55025-2601

Value Estimation by Request
2,040 sqft 0.39 AC lot
View details

Forest Lake, MN Commercial Land Market Trends and Statistics

Explore 43 commercial land for sale in Forest Lake, MN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 2,000 square feet of properties for sale, with an estimated market value of $850,000.

Sale prices for commercial lots in Forest Lake, MN start at $850,000, averaging $850,000, and reaching up to $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 10
Residential land & home lots 9
Agricultural land / Farmland 2
Industrial land 2
Hunting land 1

Demographics Overview

Population 26K
Population Growth (5Y) +4.4%
Median Household Income $95,993
College Educated 45.9%

High-Yield Neighborhoods for Investment

Identify Forest Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55025 $790.7K

Taxes & Financing

Tax Rate (average for all types) 2.61%
Property Tax per SF $35.03 per SF
Tax Rate vs County Average 0.20 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

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