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    932 W Broadway Ave Forest Lake, MN 55025

    For Sale
    $275,000

    Lots & Land - Forest Lake, MN

    Lot size:
    0.46 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 9 at 9:06 am

    Property Features for 932 W Broadway Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    0803221230005
    Lot size
    0.46 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Synergy (651) 248-2796 [email protected]

    Listing agent Bob Muske, GRI (651) 248-2796

    Listing date Nov 12, 2025

    MLS# 6644049 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

    Undeveloped Lot in Business District

    This 0.455-acre lot is located on West Broadway Avenue in Forest Lake, MN. Zoned B-2 Highway business district, the property offers an opportunity for various business ventures. Situated in the heart of Forest Lake's business district, the location benefits from high visibility and heavy traffic. Potential uses include a coffee shop, restaurant, or general business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Daycare Center Department Store Building Supply Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Forest Lake
    County
    Washington
    State
    Minnesota
    Longitude
    -92.995753
    Latitude
    45.278939

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    FAQs

    What type of property is this?
    Commercial land - High-visibility commercial land in the heart of Forest Lake.
    Where is this commercial land located?
    The property is located at 932 W Broadway Ave Forest Lake, MN.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Last undeveloped lot on Broadway.; - B-2 Highway business district zoning.; - High visibility location.
    (651) 248-2796
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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
    932 W Broadway Ave Forest Lake, MN 55025
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