Forest Lake, MN Land for Sale

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24 properties

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Updated: Jun 23

Tillable and Timber Farmland

19680 Keystone Avenue N, Forest Lake, MN 55025

$975,000

97.59 AC lot

97.59 acres of agricultural land with rolling topography and predominantly high ground
Approximately 50+/- acres in corn and soybean production
Mature timber, open meadow, established trails, and natural wildlife habitat
Whitetail deer, pheasant, and turkey hunting opportunities
Several potential building locations, including a homesite near the rear wood line

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Updated: Nov 19, 2025

Commercial Land at Highway Intersection

Forest Boulevard N, Forest Lake, MN 55025

$699,000

3.03 AC lot

3.025 acres of commercial land
Northeast corner of Hwy 8 and Hwy 61
B3 zoning with restaurant, retail, office, medical, and service station uses
Light industrial and storage‑unit uses are permitted
34,200 vehicles pass the intersection daily

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Wooded Lakeview Walkout Lot

Karoline Court N, Forest Lake, MN 55025

$189,900

0.84 AC lot

Build a walkout home on a wooded lakeview lot within a community featuring lakeside common recreation.

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See what stands out in Washington County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

MU-1 Zoned High-Visibility Commercial Land

134 Lake St N, Forest Lake, MN 55025

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0.20 AC lot

MU-1 zoned commercial land in a downtown high-visibility setting suited for office or retail.

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MU-1 Commercial Land

134 Lake Street N, Forest Lake, MN 55025

$125,000

0.16 AC lot

The site is in the MU-1 zoning district with water available.

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Acreage in Forest Lake

Imperial, Forest Lake, MN 55025

$219,900

6.40 AC lot

Open builder acreage, minutes from town, close to lake.

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Residential Land in Forest Lake

6885 Scandia Trail N, Forest Lake, MN 55025

$189,900

4.70 AC lot

4.6 acres for development or dream home near schools.

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Agricultural Land with Barn Access

8XXX 200th Street, Forest Lake, MN 55025

$3,300,000

Farm property in Washington County with on-site barn access for agricultural use and operations.

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Forest Lake Shoreline Development Opportunity

Iverson Avenue N, Forest Lake, MN 55025

$699,900

14.54 AC lot

Nearly fifteen acres on Forest Lake with development potential.

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Waterfront Residential Land Parcel

Jason Avenue, Forest Lake, MN 55025

$305,000

0.71 AC lot

Buildable waterfront lot includes a separate side lot for detached garage, storage building, or workshop use.

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Land

14912 Potomac St Ne, Forest Lake, MN

$750,000

Agricultural land / Farmland

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Undeveloped Lot in Business District

932 W Broadway Avenue, Forest Lake, MN 55025

$275,000

0.45 AC lot

High-visibility commercial land in the heart of Forest Lake.

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Land, Forest Lake, MN

8354 169th Avenue NE, Forest Lake, MN 55025

$177,400

3.74 AC lot

Land · 3.74 Acres

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Agricultural Land

8354 169th Avenue NE, Forest Lake, MN 55025

$177,400

Residential single-family zoning provides a defined land-use designation for this agricultural property.

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Residential Land Near Clear Lake

21145 Fondant Avenue N, Forest Lake, MN 55025

$695,000

16.68 AC lot

Infill development land near Clear Lake and downtown Forest Lake.

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Land

25179 Itasca Ave, Forest Lake, MN

$150,000

Residential land & home lots

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Residential Development Lot

954 15th Ave Se, Forest Lake, MN

$92,500

Residential lot offered for sale with mature trees and space to build with your chosen builder.

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Waterfront Bar & Pub

8241X N Shore Trail N, Forest Lake, MN 55025

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1.40 AC lot

Lake-oriented bar and restaurant venue with beverage production space, meeting facilities, and established boat-slip operations.

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Land Parcel

10161 North Shore Trail, Forest Lake, MN 55025

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Located on North Shore Trail in Forest Lake, Minnesota.

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Lots/Land

21145 Fondant N Avenue, Forest Lake, MN 55025

$695,000

Residential land & home lots

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Commercial Land

66 Lake Blvd, Forest Lake, MN 55025

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The parcel occupies a developing corridor with access to I-35E and local arterial roads.

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Residential Land Near Forest Lake

Scandia Trl N & Harrow Ave N, Forest Lake, MN

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109.00 AC lot

Land suitable for single-family and medium-density residential developments.

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B1 Zoned Commercial Land Site

932 W Broadway Ave, Forest Lake, MN 55025

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0.46 AC lot

0.46-acre B1 commercial lot on Broadway Ave near I-35, with White Castle, Burger King, Culver’s, and Perkins across the street.

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Land Available For Sale

Headwaters Pkwy, Forest Lake, MN 55025

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Land available for sale in Forest Lake, Minnesota.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Forest Lake, MN, we suggest to view alternatives - similar 41 Off-Market properties to explore as potential leads.

Forest Lake, MN Land Market Trends and Statistics

Explore 65 land for sale in Forest Lake, MN, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 11,321,375 square feet of properties for sale, with an estimated market value of $9,715,900.

Sale prices for lots in Forest Lake, MN start at $92,500, averaging $571,523, and reaching up to $3,300,000 — 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

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	$646.9K

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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