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    169xx Lake Blvd Shafer, MN 55074

    For Sale
    $229,900

    Lots & Land - Shafer, MN

    Lot size:
    47.26 Acres
    Days on Market:
    292
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 169xx Lake Blvd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Agriculture,Business/Commercial
    APN
    180000603
    Lot size
    47.26 Acres

    Building Details

    Architectural style
    Other

    Timber Ghost Realty LLC (651) 329-0873 [email protected]

    Listing agent Mark Nelson (651) 329-0873

    Listing date Feb 18, 2025

    MLS# 6672867 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    47 Acres Wooded Land Shafer

    This 47.257-acre wooded property is located in Shafer, Minnesota, with road frontage on Highway 8. Zoned as agriculture with some commercial zoning closer to the road, the land presents development opportunities and could also serve as recreational land. The property is close to many lakes and offers options for camping or building.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Department Store Kitchen & Bath Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shafer
    County
    Chisago
    State
    Minnesota
    Longitude
    -92.76161356
    Latitude
    45.38360194

    FAQs

    What type of property is this?
    Commercial land - 47-acre wooded property in Shafer, MN, with development potential.
    Where is this commercial land located?
    The property is located at 169xx Lake Blvd Shafer, MN.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: - 47 wooded acres offering privacy and natural beauty.; - Road frontage on Highway 8 provides easy access.; - Zoned agriculture with some commercial possibilities.
    (651) 329-0873
    Request Owner's contact information
    169xx Lake Blvd Shafer, MN 55074
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    Shafer, MN 55074
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    169xx Lake Blvd Shafer, MN 55074
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